
31 Terrace Drive
Hamilton (Balfour), ON L9A 2Y5
- 2Bedrooms
- 2Bathrooms
- 0Garage
- 700–1100Sq Ft
- $4,521Tax
- 41×100 ftLot Size
- Estimated Value:$563,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 31 Terrace Drive, Hamilton, Balfour
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-04-15 | 2026-07-17 | Login to See Prices | Sold | x13001778 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 31 Terrace Drive, Hamilton, Balfour
Summarized Description
- Solid all-brick bungalow in family-friendly area.
- Finished lower level with second kitchen.
- Flexible layout for extended family living.
- Bright eat-in kitchen with oak cabinetry.
- Updated features including windows and roof.
- Private driveway with ample parking.
- Close to schools, parks, and transit.
- Well-maintained and move-in ready condition.
Tucked into a quiet, established, family-friendly street on the central mountain, this solid all-brick bungalow offers comfort, flexibility, and a true sense of home. Lovingly maintained over the years, it's the kind of property where pride of ownership is evident at every turn. Clean, cared for, and ready for its next chapter. The main floor features a bright eat-in kitchen with classic oak cabinetry, a spacious living room, and a formal dining area that was originally a third bedroom, could be easily converted back if needed. Two well-sized bedrooms and a full four-piece bath complete the level, with a blend of ceramic and hardwood flooring throughout. A separate side entrance adds valuable flexibility for extended family or a private space for teens, with a finished lower level that includes a second kitchen and a three-piece bath. The rec room carries a warm retro charm, while an oversized cold cellar, laundry/utility area, and additional storage provide everyday practicality. Outside, enjoy a long private driveway with ample parking, a rear wood deck, green space, and a garden shed, ideal for family living, entertaining, or simply unwinding outdoors. With updated windows, roof, eaves, soffits, and fascia, this is a well-cared-for home in great condition. Perfect for first-time buyers, families, or downsizers looking for one-floor living in a convenient location close to schools, parks, transit, and everyday amenities.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,521
- Land Transfer Tax Fee
- $8,973
Rental Items
- Rental Equipment
- Water heater.
- Under Contract
- Hot Water Heater
- Basement Type
- Finished, Full, Separate Entrance
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Primary Bedroom - Main Floor, Other, Water Heater
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Porch, Patio, Deck
- Pool
- None
- Property Features
- Golf, Hospital, Library, Park, Public Transit, School
- Other Structures
- Shed
Building
- Building Type
- Detached
- Building Style
- Bungalow
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Block
- Special Designation
- Unknown
Lot
- Lot Front
- 40.58 ft
- Lot Depth
- 100.12 ft
- Lot Size
- 0.093
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- Fridge, stove, washer, dryer.
Exclusions
- Exclusions
- None.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 2
Room sizes
- Living Room—Main level
- Kitchen—Main level
- Dining Room—Main level
- Primary Bedroom—Main level
- Bedroom—Main level
- Bathroom—Main level, 4 Pc Bath
- Recreation—Basement level
- Kitchen—Basement level
- Bathroom—Basement level, 3 Pc Bath
- Other—Basement level
- Utility Room—Basement level
- Cold Room/Cantina—Basement level
Washrooms
- 4-piece, Main
- 3-piece, Basement
- Municipality
- Hamilton
- Neighbourhood
- Balfour
- Main cross streets
- Calendon Avenue
- Zoning
- C
- Directions
- Calendon Ave. or McElroy Rd. E. to Terrace Drive
- Waterfront
- None
- MLS® number
- X13001778
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-17
- Listed on
- 2026-04-15
- Days on market
- 93 days
- Possession type
- Flexible
- Co-op commission
- 2% +HST
- Seller
- Listed by
- CENTURY 21 HERITAGE GROUP LTD.
Home Market Value
Current home valuation for 31 Terrace Drive, Hamilton, Balfour, Hamilton, ON. Listed for $624,900
HOMEH Estimate
$563,000
Estimated Sales Range
$444,770 - $681,230
HOMEH Estimate for 31 Terrace Drive, Hamilton, Balfour
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $124,900 over $500K
$37,490
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $23,496 | $17,435 | $14,873 | $0 |
=Total mortgage | $610,902 | $579,845 | $546,038 | $499,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,983monthly | $2,831monthly | $2,666monthly | $2,441monthly |
Land Transfer Tax
$8,973
$8,973
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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