Sold for:Sold Sep 14, 2026
$698,000

76 Terrace Drive

Hamilton (Balfour), ON L9A 2Y6

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 76 Terrace Drive, Hamilton, Balfour

2026-08-14
2026-09-14
Sold
Price
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MLS#
x13675290
2026-05-07
2026-08-13
Terminated
Price
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2026-04-10
2026-05-06
Terminated
Price
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2026-03-05
2026-04-07
Terminated
Price
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2026-02-05
2026-02-24
Terminated
Price
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2025-04-07
2025-05-12
Rented
Price
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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 76 Terrace Drive, Hamilton, Balfour

Summarized Description

  • Legal 2-family dwelling with rental license.
  • Detached bungalow with two living areas.
  • Private in-unit laundry for each unit.
  • Deep 100-ft lot with future potential.
  • Separate entrances enhance independence.
  • Turnkey income property for investors.
  • Flexible living options for homeowners.
  • Generous yard and separate garage available.

Welcome to this solid LEGAL 2-FAMILY DWELLING 3+2 bedroom detached bungalow in the desirable West Hamilton Mountain, offering a rare blend of immediate livability, regulatory compliance, and long-term upside. Fully compliant as a legal two-family dwelling and licensed rental with the City of Hamilton, this property delivers flexibility and peace of mind for homeowners and investors alike. Featuring two self-contained living areas, the home supports multiple lifestyle strategies-live in one unit with a mortgage helper, accommodate multi-generational living, or hold as a turnkey income property. Both units offer functional layouts, separate entrances, and private in-unit laundry, enhancing independence, convenience, and rental appeal. Set on a deep 100-ft lot, the property also offers future value-add potential. A separate garage and generous yard may offer exciting potential for future development, including the possibility of a detached dwelling unit (ADU), subject to zoning, municipal approvals, and buyer verification. A versatile property with strong fundamentals. One home. Multiple strategies. Built-in compliance. Future upside. Note: Some images have been virtually staged or AI-enhanced to illustrate potential furniture layout and design. Actual property condition may differ.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,416
Land Transfer Tax Fee
$10,435

Rental Items

Rental Equipment
Hot Water Heater, Furnace

Basement Type
Separate Entrance, Finished

Interior Features

Interior Extras
Accessory Apartment
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
40.00 ft
Lot Depth
100.00 ft

Inclusions

Inclusions
Two (2) Fridges, Two (2) Stoves, Two (2) Dishwashers, One (1) Washer, One (1) Dryer, One (1) Stackable Washer Dryer Unit, All Electrical Light Fixtures

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 2
Washrooms
2
Kitchens
2

Washrooms

  • 4-piece, Main
  • 4-piece, Basement

Municipality
Hamilton
Neighbourhood
Balfour
Main cross streets
Upper James St & McElroy Rd E
Directions
East of Upper James St; north of McElroy Rd E

MLS® number
X13675290
Data source
Toronto Regional Real Estate Board
Status change
2026-09-14
Listed on
2026-08-14
Days on market
31 days
Possession type
Flexible
Co-op commission
2.0
Seller
Listed by
ROCK STAR REAL ESTATE INC.

Home Market Value

Current home valuation for 76 Terrace Drive, Hamilton, Balfour, Hamilton, ON. Listed for $698,000

HOMEH Estimate

?

$1,086,853

Estimated Sales Range

?

$760,797 - $1,412,909

HOMEH Estimate for 76 Terrace Drive, Hamilton, Balfour

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,086,853Low confidence
Based on 5 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Hamilton, ON
Minimum Down Payment Required:6.4%

5% on first $500K + 10% on $198,000 over $500K

Minimum down payment

$44,800

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+CMHC insurance
$26,105$19,474$16,612$0
=Total mortgage
$678,735$647,674$609,912$558,400
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Payment frequency
=Mortgage payment
$3,314monthly$3,162monthly$2,978monthly$2,726monthly
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Land Transfer Tax

Provincial

$10,435

Total Land Transfer Tax

$10,435

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