Welcome to this remarkable Bungalow detached located in the coveted neighborhood of West Grey. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $520,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Peaceful living in rural Hanover! Set on nearly one acre atop a small hill, this solid brick bungalow captures picturesque views of rolling hills and lush greenery. With over 3300+ square feet of living space it is designed for those who value both space and utility. The property features an oversized 3 car garage that with a single oversized drive-in door and soaring ceilings-perfect for car lifts, tractors, or a full-scale workshop. Adding even more value is an auxiliary building equipped with hydro, providing the ideal setup for additional hobby space. The main floor features an open-concept design with a spacious country mudroom and three comfortable bedrooms. The lower level presents a self-contained suite complete with an open kitchen and living area, one bedroom, a full bathroom, generous storage, and a walkout with its own private entrance-well suited for extended family or a potential income-generating opportunity. Additional lower-level space includes shared laundry, a bonus room, and professional waterproofing with two sump pumps for peace of mind. Property has updated electrical, plumbing, and insulation which provide a solid foundation for the new owner to bring their own vision to life. Some areas are unfinished. Enjoy the perfect balance of seclusion and convenience; you are just a 5-minute drive to the charming shops and amenities of Hanover and only 12 minutes to Walkerton. Tour this property and discover the perfect rural lifestyle at the perfect price point. Google Maps address for exact directions: 261046 Concession Rd 18, Hanover, ON N4N 3B8.
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Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, Propane Tank, Sump Pump, Water Purifier, Water Softener, Workbench
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Data-driven valuation for 261046 18 Concession, West Grey, ON N4N 3C1
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in West Grey.
About Purchasing a Home in West Grey, ON
For a property listed at $520,000 in West Grey, the legal minimum down payment is $27,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,875 for this transaction. As this listing is in West Grey (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,875.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.