Grey 23 Rd

Hanover | Ontario

Where Orchards

Offer Abundance

View Photos Watch Film 360° VTour Open House

Mario Tolja

Presented At

$2,195,000

Bedrooms

Bathrooms

Living

2,786

SQFT

Fireplace

Washer Dryer

Bar

Laundry Room

Basement

Terrace

Garage

Parking

Garden

Pool

Privacy

Renovated

Equestrian

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553291

Grey 23 Rd

Hanover | Ontario

553291 Grey 23 Rd, West Grey, ON N0C 1K0, Hanover, Ontario, Canada. , Hanover , Ontario

Tulip Hill Farm

Tucked into the rolling hills of West Grey, Tulip Hill Farm is a 41-acre estate where timeless country charm meets world-class equestrian living.

From the moment you arrive along the maple-lined driveway, the setting captures a sense of peace, privacy, and possibility. The beautifully maintained three-bedroom yellow brick century home features an ensuite in every bedroom, original wood floors, warm wood accents, a walkout basement, two laundry rooms and newly built deck overlooking the paddocks and gardens.

The grounds include a small orchard with apple and cherry trees, sugar maples, and extensive perennial gardens. A detached two-car garage with insulated workroom, a shed suitable for wood storage or chickens, and a children’s loft playhouse with rustic swing set add to the property’s appeal. Equestrian facilities are outstanding with a nine-stall insulated barn featuring rubber-matted stalls, three with SoftStall flooring, a heated tack room, feed and hay storage and a cobblestone aisle way. An outdoor three-season wash stall with hot water is also included. The new 130-feet by 60-feet indoor riding arena offers sand footing, abundant lighting, storage and a viewing area. There are over seven oak-fenced paddocks with run-ins and water, along with 18-acres in hay fields and groomed riding trails.

A maple-lined drive leads to a large parking area, and a successful test hole has been completed for a future pond expansion. Tulip Hill Farm captures the imagination with beautiful sunsets and sweeping pastoral views offering the chance to live the dream of country life on a gracious equestrian property. Beautifully curated, fully renovated, meticulously maintained and totally turnkey, you’ll be delighted to call this country escape home.

A1 Zoning means this property has exceptional business and revenue potential. It has been used for boarding and training, as well as a Bed and Breakfast in the past.

Property

3D Street View Tour

Property Location

553291 Grey 23 Rd, West Grey, ON N0C 1K0, Hanover, Ontario, Canada., Hanover Ontario

Local Weather & Climate

Hanover, Ontario

Current Conditions Updated recently

17 °F

Overcast clouds

Feels Like 8°F

Humidity 74%

Wind 6 mph

Visibility 6.2 mi

Sunrise 12:06 PM

Sunset 11:07 PM

5-Day Forecast

Fri 27 Feb

Clouds

High 34°

Low 17°

Sat 28 Feb

Clouds

High 40°

Low 21°

Sun 1 Mar

Clouds

High 20°

Low 5°

Mon 2 Mar

Clouds

High 22°

Low 8°

Tue 3 Mar

Clouds

High 33°

Low 18°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Hanover?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

C$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Canada. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Canada tax year 2025 (fiscal year: January-December), rules effective from 1972. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$2,195,000

553291 Grey 23 Rd, West Grey, ON N0C 1K0, Hanover, Ontario, Canada.

Hanover, Ontario

3 Beds

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Market Opinion

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Our perspective on current market conditions in Hanover. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $219,500,000 20% down ($43,900,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$18,862/day

Your home may appreciate while you sleep

$132,394/week $573,707/mo $6,884,478/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$120.8M

+$171.3M

$171.3M Potential Equity

vs $120.8M lost to rent over 10 years

$43.9M Down Payment Growth

3.9x

10yr

$171.3M

8.1x

20yr

$354.7M

12.6x

30yr

$554.4M

Wealth Comparison

×1,320

Equivalent to 1,320 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $554.4M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $258.5M +18%

Market $298.9M +36%

Optimistic $344.9M +57%

$171.3M est. equity

20 Years

Conservative $304.4M +39%

Market $407.1M +85%

Optimistic $542.1M +147%

$354.7M est. equity

30 Years

Conservative $358.5M +63%

Market $554.4M +153%

Optimistic $851.9M +288%

$554.4M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 553291 Grey 23 Rd, West Grey, ON N0C 1K0, Hanover, Ontario, Canada have?

This other at 553291 Grey 23 Rd, West Grey, ON N0C 1K0, Hanover, Ontario, Canada features 3 bedrooms with 2,786 square feet of living space.

What is the size of 553291 Grey 23 Rd, West Grey, ON N0C 1K0, Hanover, Ontario, Canada?

This property offers 2,786 square feet of living space.

What is the listing price for 553291 Grey 23 Rd, West Grey, ON N0C 1K0, Hanover, Ontario, Canada?

This property is listed at $219,500,000, which equals $78787 per square foot.

Is now a good time to buy a home in Hanover?

Based on current market indicators, Hanover shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 553291 Grey 23 Rd, West Grey, ON N0C 1K0, Hanover, Ontario, Canada?

This is a other located in Hanover, Ontario. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: