$1,399,000
For sale: Detached

Looking for space, serenity, and modern convenience? This exceptional 5-bedroom, 2.5-bath bungalow sits on 1.14 acres with peaceful farmland views and nearly 5,000 sq. ft. of living space. The bright layout offers formal living and dining rooms, a family room, solarium, and a large eat-in kitchen perfect for entertaining. The finished basement features a cozy gas fireplace, a second kitchen, a rough-in bath, and flexible space ideal for a multigenerational family or in-law suite. The home includes a 6,000-gallon cistern for ample water capacity, while the heated 1,800 sq. ft. workshop offers a 4,200-gallon cistern, separate electricity and gas, and has been reframed into two individual units with their own utilities-providing excellent potential for rental income or home-based business use. This rare blend of rural charm and modern functionality is just minutes from city amenities, with the potential for two additional ADUs for even more income opportunities.
Sold data
Homes in Hannon took a median of 26 days to sell over the last 730 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 46, across 41 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.
The median sale price was $779,900.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 41 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Hannon) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

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