172 Hanover Pl is a 4-bedroom, 2-bathroom detached home in Hamilton, listed for $839,999. It has 700-1100 sq ft of living space.
1Situated on a quiet cul-de-sac.
2What 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.
3Schedule your private showing today.This property has full drawings for a garden suite and permits.
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.
4 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $1,200 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 172 Hanover Pl
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
700-1100 sq ftas stated on the listing
Parking
6 spaces
Basement
Apartment, Development Potential
Features & systems
Parking & garage
Parking spaces
6
Interior
Basement
Apartment · Development Potential
Lot & land
Lot size (sqft)
0.13
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
172 Hanover Pl Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13504506$839,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 172 Hanover Pl Compares to the Hamilton Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,127
/mo
based on the purchase price of $839,999
$168,000 cash
$671,999 financed
$566,000 total interest
Principal54%$671,999
Interest46%$566,000
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Hamilton
Other 3–6 bed homes for sale in Hamilton around $840K.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,558Homes for sale here right now.
Median vs prior 90 days−2.7%Compared with May 4 – Aug 2, 2026: prices down.
Based on 1,826 sales from Aug 2 – Oct 31, 2026 (1,532 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
172 Hanover Pl is listed at $839,999 (MLS® X13504506). Summitly updates the price as soon as the MLS® record changes.
Is $839,999 a good price for 172 Hanover Pl?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Hamilton. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 172 Hanover Pl changed?
No — 172 Hanover Pl is still listed at its original asking price of $839,999.
How many bedrooms and bathrooms does 172 Hanover Pl have?
172 Hanover Pl has 4 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Hamilton.
Is 172 Hanover Pl close to transit?
The nearest rapid-transit station is Confederation GO Station (Lakeshore West GO), about 4.5 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 172 Hanover Pl?
About $4,127 a month — principal and interest on $839,999 with 20% down ($168,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 172 Hanover Pl compare with other homes in Hamilton?
Its asking price of $839,999 is about 25% above the median sold price in Hamilton over the last 90 days, $674,000, across 1,826 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 172 Hanover Pl been sold before?
Summitly has no earlier MLS® sale or lease of 172 Hanover Pl on record from the last two years. Older records aren't shown under TRREB rules.
Where is 172 Hanover Pl?
172 Hanover Pl is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 172 Hanover Pl been on the market?
123 days — 172 Hanover Pl was listed on June 30, 2026.
What is the price per square foot of 172 Hanover Pl?
About $764 to $1,200 per square foot: the asking price of $839,999 over the 700–1,100 sq ft the listing gives as its size range.
