$939,999Asking Price
Welcome to 172 Hanover Place, a rare and exciting opportunity in the desirable Gershome neighbourhood of Hamilton. Situated on a quiet cul-de-sac, this legal duplex offers incredible flexibility for homeowners and investors alike. 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 fully 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. Upstairs will be vacant by August 1st.
Welcome to 172 Hanover Place, a rare and exciting opportunity in the desirable Gershome neighbourhood of Hamilton. Situated on a quiet cul-de-sac, this legal duplex offers incredible flexibility for homeowners and investors alike. 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 fully 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. Upstairs will be vacant by August 1st.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 10.99' x 10.01' | |
2 | Bathroom | Main | 10.99' x 5.05' | 4-PieceBath |
1 4-Piece Bathroom on Main Floor | ||||
1 3-Piece Bathroom |
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Vincent, Hamilton is a west GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. It has a higher than average population of immigrants, and Serbian speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 9, youth aged 15 to 19 and adults aged 25 to 49.
Kids Per Family
1.3
kids per family
in the neighbourhood.
50%
of residents are
single and loving it.
50% singles
Hamilton (46%)
37%
of residents
are renters.
37% renters
Hamilton (32%)
20%
of residents are
university grads.
20% university grads
Hamilton (28%)Average Household Income
$89K
is the average household
income in the neighbourhood.
Professions
Sales | 16% |
Trades | 12% |
Business | 9% |
Government | 6% |
Manufacturing | 5% |
34%
of residents were
born outside of Canada.
34% immigrants
Hamilton (25%)3.8% from Croatia
All-time
1.0% from Pakistan
Recent
Foreign Languages
Serbian | 5% |
Polish | 4% |
Arabic | 3% |
Italian | 3% |
Spanish | 2% |
Religions
Christian | 61% |
Muslim | 7% |
Buddhist | 1% |
Hindu | 1% |
Sikh | 1% |