Living room with furniture, unknown for 172 Hanover Pl, Hamilton Ontario L8K 5X6
2 days on Market

172 Hanover Pl, Hamilton, Ontario L8K 5X6

Detached
4
2
~700-1100 sqft
$799,999
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Detached
4
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$935/sqft

Monthly cost

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CMA Subject Property

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+4

Properties sold*

$665K

Median sold price*

*Based on last 30 days

Description

Welcome to 172 Hanover Place, this legal duplex offers incredible flexibility for homeowners and investors alike. 172 Hanover Place is a rare and exciting opportunity in the desirable Gershome neighbourhood of Hamilton. Situated on a quiet cul-de-sac. 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 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.Don't miss your chance to own a legal duplex with garden suite potential in one of Hamilton's most sought-after communities. Schedule your private showing today.This property has full drawings for a garden suite and permits.


Property Details

StyleBungalow-Raised
View-
Age of property31-50
SqFt~700-1100 SqFt
Lot Size5,750 Ac(115 x 50)
Parking Spaces6
MLS ®NumberX12528972
Community NameVincent
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Apartment, Development Potential

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 Ac

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Nov 10, 2025
ListedActive
$799,999
2 days on market
history photo preview42
Listing by trreb®

Market Data - Vincent

Geo Zone Map ThumbnailVincent

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

62 days

Compared to

2024

30 days

2023

0 day

2022

48 days

New Listings

Past 30 days

4 listings

Compared to

2024

7 listings

2023

4 listings

2022

3 listings

Units sold

Past 30 days

4 units

Compared to

2024

4 units

2023

0 unit

2022

2 units

Median Sold Price

Past 30 days

$843,000

Compared to

2024

$665,000

2022

$710,000


Population and Demographics

Overview

Total population 6172
Average household income $101,932

Age (%)

0 to 19
24%
20 to 34
22%
35 to 49
19%
50 to 64
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