The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
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
Listing
MLS® number
X13504506
Status
For Sale
Listed
Jun 30, 2026
Last updated
Jun 30, 2026
Possession
Immediate
Building
Type
Detached
Style
Bungalow-Raised
Approx. age
31-50
Approx. size
700–1,100 ft²
Basement
Apartment, Development Potential, Finished
Lot
Frontage
50.00 ft
Depth
115.00 ft
Lot area
≈ 5,750 ft² (calculated)
View
West
Community
Vincent
Parking & utilities
Garage
None, 0 spaces
Driveway
6 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$2,025 / 2025
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
RE/MAX REAL ESTATE CENTRE INC.
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 4
Kitchens: 2 above grade
Basement: Apartment, Development Potential, Finished
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,311/mo
Mortgage (principal + interest)$3,142
Property taxFrom listing: $2,025/yr$169
Minimum $59,000 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$168,000
Ontario land transfer taxProvincial brackets, no first-time refund$13,275
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$184,075
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hamilton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
