Home with vinyl exterior material, unknown for 172 HANOVER Pl, Hamilton Ontario L8K 5X6
4 days on Market

172 HANOVER Pl, Hamilton, Ontario L8K 5X6

Detached
2
2
~700-1100 sqft
$939,999
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Detached
2
2
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,098/sqft

Est. Mortgage$4,037/mo

Tax Amount (2024)$4,200/yr

Days On Market4 days


Description

Welcome to 172 Hanover Place, a rare and exciting opportunity in the desirable Gershome neighbourhood of Hamilton. Situated on a quiet cul-de-sac, this legal duplex offers incredible flexibility for homeowners and investors alike. Whether you're looking to live in one unit and rent the other, house extended family, or expand your real estate portfolio, this property delivers on all fronts. Each unit is fully self-contained with its own entrance, offering privacy and strong rental potential. What truly sets this property apart is the inclusion of approved permits and architectural drawings for a detached garden suite - giving you the ability to add a third income-generating unit on the same lot. With the heavy lifting already done, you're one step away from maximizing the full potential of this property. Set on a spacious lot with a fully fenced backyard and ample private parking, the home is just minutes from scenic trails, parks, schools, public transit, and easy access to the Red Hill Valley Parkway. Thoughtfully updated and move-in ready, this is the ideal blend of functionality, location, and long-term upside. Upstairs will be vacant by August 1st.


Property Details

StyleBungalow-Raised
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size5,750 SqFt(115 x 50)
Parking Spaces6
MLS ®NumberX12183028
Community NameVincent
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Finished

Main Floor

Living

4.57 x 4.26

Dining

3.35 x 2.74

Kitchen

3.35 x 3.05

Bathroom

3.35 x 1.54

4 Pc Bath


Features

Lot size: 5,750 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by RE/MAX ESCARPMENT REALTY INC., Brokerage

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Market Data - Vincent

Geo Zone Map ThumbnailVincent

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

22 days

Compared to

2024

44 days

2023

12 days

2022

14 days

New Listings

Past 30 days

7 listings

Compared to

2024

3 listings

2023

4 listings

2022

7 listings

Units sold

Past 30 days

7 units

Compared to

2024

6 units

2023

3 units

2022

1 unit

Median Sold Price

Past 30 days

$750,000

Compared to

2024

$770,000

2023

$815,000

2022

$717,000


Population and Demographics

Overview

Total population 6172
Average household income $101,932

Age (%)

0 to 19
24%
20 to 34
22%
50 to 64
19%
35 to 49
19%
65 and plus
16%

Household composition (%)

Single family
69%
Single person
27%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
72%
Serbian
5%
Spanish
3%
Polish
3%
Italian
3%
Croatian
3%
Arabic
3%
Urdu
2%
French
1%
Others
1%

House tenancy (%)

Owners
65%
Renters
35%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget