$839,999
Est. payment $3,719/moCalculate yours
172 Hanover Place, Hamilton, ON L8K 5X6
Vincent, Hamilton, ON L8K 5X6
- 4 Beds
- 2 Baths
- 700 Sq Ft
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. MLS® X13504506
About this home
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
Overview
- Property Type
- Detached
- Style
- Bungalow-Raised
- For
- For Sale
- Status
- New
- Approximate Age
- 31-50
- Size
- 700 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Apartment, Development Potential, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 50 x 115 Acres
- Parking
- None garage · 6 total
- Zoning
- C
Financial
- Property Taxes
- $2,025 (2025)
Location
- Neighbourhood
- Vincent
- Cross Street
- Bunker Hill & Hanover Place
- Direction Faces
- West
Listing
- MLS® Number
- X13504506
- Days on Market
- 110
- Listed On
- 2026-06-30
- Listed By
- RE/MAX REAL ESTATE CENTRE INC.
Rooms
Features
Interior
- Air Exchanger
- In-Law Suite
- Separate Hydro Meter
- Water Heater Owned
Pool
- None
- Included
- All Appliances,Basement fully furnished, drawings and permit for Garden suite.
- Excluded
- Patio Furniture
Mortgage calculator
Estimated mortgage payment
$3,719 per month
- Principal and interest
- $3,719
- Property tax
- $169
- Condo fees
- $0
- Estimated monthly cost
- $3,888
Your mortgage
- Mortgage amount
- $671,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $443,801
Cash to close
- Down payment
- $168,000
- Land transfer tax
- $13,275
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $181,275
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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