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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13504506For SaleDetached

172 Hanover Pl

Vincent, Hamilton, Ontario L8K 5X6

Map
1 / 40
172 Hanover Pl, Hamilton, photo 1
Asking$839,999
Bedrooms
4
Bathrooms
2
Size
700–1,100sq ft
Per sq ft
$933at the range’s middle
Lot
50 x 115 ft
Tax a year
$2,0252025 tax year
Built
31-50
Parking
6none
Days on market
Members

The brief

About 172 Hanover Pl

172 Hanover Pl is a 4-bedroom, 2-bathroom detached house in Vincent, Hamilton, listed for sale at an asking price of $839,999 (MLS® X13504506).

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.

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$802/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 39 detached homes with 4 bedrooms for lease in Hamilton right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$2,025 / 2025
MLS® number
X13504506
Board
TRREB MLS®
Property Type
Detached
Building Age
31-50
Days on market
Size
700-1100 sqft
Lot Size
50 x 115 ft
Listed on
Parking
None, 6 Parking
Listing brokerage: RE/MAX REAL ESTATE CENTRE INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
Bungalow-Raised
Community
Vincent
Municipality
Hamilton

Building

Size
700-1100 sqft
Building Age
31-50
Construction
Vinyl Siding

Inside

Bedrooms
4
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 3pc Bsmt
Basement Type
Apartment
Kitchens
2

Parking

Garage Type
None
Additional Parking
6
Total Parking
6

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
50 ft
Depth
115 ft
Lot Size
50 x 115 ft

Additional

Foundation
Concrete Block
Roof
Asphalt Shingle
Fireplace
Yes
Pool
None
Den
Yes
Family room
Yes
Extras
All Appliances,Basement fully furnished, drawings and permit for Garden suite.

Rooms

RoomSizeFeaturesLevel
Living4.26 × 4.57 m—Main
Dining2.74 × 3.35 m—Main
Kitchen3.05 × 3.35 m—Main
Bathroom1.54 × 3.35 m4 Pc BathMain
Br2.74 × 4.27 m—Main
2nd Br3.66 × 4.58 m—Main
Foyer2.13 × 2.13 m—Bsmt
Kitchen3.04 × 3.04 m—Bsmt
Family3.96 × 3.96 m—Bsmt
Br3.96 × 3.96 m—Bsmt
2nd Br3.0 × 3.0 m—Bsmt

Listing history

Buy/sell history for 172 Hanover Pl, Hamilton, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$839,999N/AFor SaleX13504506

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $168,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$168,000
Total mortgage amount
$671,999
Total interest payment
$477,901
Total purchase cost
$1,317,900
Mortgage payment
$3,833/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

37%

Monthly carrying cost

$4,002
−$802per month
  • Rent $3,200
  • Shortfall $802

Rental income opens at $3,200, the median asking rent of 39 comparable homes for lease in Hamilton. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$13,275
Total land transfer tax
$13,275
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$9,275
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $839,999
$8,800
Ontario total
$13,275

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
5,750 sq ft534 m²
Street frontage
50 ft15.2 m
Depth
115 ft35.1 m
50 × 115 ftHANOVER PL

The area is the frontage multiplied by the depth, so boundaries are approximate. The record does not state the unit of its frontage and depth; feet is the board’s default. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records · 8 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mInside the Greenbelt (Niagara Escarpment Plan) and the Niagara Escarpment plan area (Urban Area)Nearest airport: 7.6 kmTransit stop within 400 mA trail on the Ontario trail network within 1 km3 licensed pits or quarries within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at a household 50 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m250 m

Province of Ontario open data

Planning and building activity2

  • Inside the Greenbelt (Niagara Escarpment Plan) and the Niagara Escarpment plan area (Urban Area)These provincial plans set policies on new buildings, new lots and some changes to the land; the municipality can say which apply to this property.At the address
  • Nearest airport: 7.6 km7.6 km

Province of Ontario open data

Around the home2

  • Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 240 m away. Routes and stops change; check the agency’s schedule.400 m
  • A trail on the Ontario trail network within 1 km1 km

Municipal transit open data · Province of Ontario open data

Environmental records4

  • 3 licensed pits or quarries within 2 kmThe nearest is 1.5 km away, as mapped.2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is GFL Environmental Inc. — Stoney Creek Regional Facility, 2.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Rogers. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Hamilton Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence

The market

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Confederation GOGO Transit train: Lakeshore West4.5 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Billy Green Elementary SchoolHamilton-Wentworth DSBPublic · grades JK–8800 m79%Grade 6 average
St. Paul Catholic Elementary SchoolHamilton-Wentworth CDSBCatholic · grades JK–81 km75%Grade 6 average
Sir Wilfrid Laurier Public SchoolHamilton-Wentworth DSBPublic · grades JK–81.1 km52%Grade 6 average
École élémentaire Pavillon de la jeunesseConseil scolaire ViamondeFrench-language public · grades JK–63.3 km71%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Glendale Secondary SchoolHamilton-Wentworth DSBPublic · grades 9–122.1 km38%Grade 9 math
Saltfleet High SchoolHamilton-Wentworth DSBPublic · grades 9–123 km48%Grade 9 math
ÉSAC Mère-TeresaConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–123 km45%Grade 9 math
Bishop Ryan Catholic Secondary SchoolHamilton-Wentworth CDSBCatholic · grades 9–123.6 km51%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Sold prices in Vincent are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record