Hanover · Commercial · Land
Last updated by the listing brokerage Jun 15, 2026
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| Tax year | Annual property tax | Change | Source |
|---|---|---|---|
| 2025 | $4,898 | — | MLS® listing |
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Sign in to view historyPrime highway commercial development land on Hanover's busiest retail corridor. This 1.94-acre parcel fronts 217 feet on 24th Avenue (Grey Road 28), just north of the town's east-end commercial node - moments from Walmart, Shoppers Drug Mart and the Hanover Square shopping centre. Zoned C3 Highway Commercial, Hanover's most permissive commercial designation, it permits a broad range of uses including restaurant and drive-thru, automotive service, fuel and convenience, medical and professional offices, daycare, self-storage and retail. The cleared parcel is shovel-ready, with municipal water, sanitary, storm, gas and hydro available, on a corridor that completed a $1.25M municipal reconstruction in 2025. Built-in future demand: 87 apartments and 90 townhomes are planned by the seller on the lands immediately behind the site. An exceptional opportunity for an end-user or anchor-secured developer to establish a presence in a growing regional market.
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First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hanover has no municipal land transfer tax (Toronto does).
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