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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Hamilton
  • Balfour
  • 2 Terrace Drive
2-terrace-drive-hamilton-ontario-x12326047

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  • Sold Sold in Aug 2025
  • Detached

2 Terrace Drive

Hamilton, Balfour
  • 3 + 2 Bedrooms
  • 2 Bathrooms
  • 0 Garage
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Sold Price: $ 715,000
2.29%
Listed Price: $ 699,000
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Room Details of 2 Terrace Drive, Hamilton

FloorBedroomsBathrooms
Basement 2 1
Ground 3 1

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Key Facts About 2 Terrace Drive, Hamilton

  • Property Type Residential
  • Building Type Detached
  • Building Style Bungalow
  • Building Age 51-99
  • Size 700 - 1100 feet²
  • Lot Size 50.4 x 87 feet
  • Parking 0 garage, 1 parking
  • Basement Full, Separate Entrance
  • Listing # X12326047
  • Data Source PROPTX
  • Days on Market 5
  • Listed On 05/08/2025
  • Updated On 07/11/2025
  • Market Demand
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Description

**2 Terrace Drive, Hamilton Income Potential & Ideal Location!**Fall in love with this **versatile 3+2 bedroom bungalow** on a premium **corner lot** in one of Hamilton's most sought-after areas! Bright main floor with **private laundry**, **3 spacious bedrooms**, and a cozy layout perfect for families. The **fully finished basement** features **2 bedrooms + a den** (ideal for a home office), **a full bath**, **separate entrance**, and **its own laundry** - perfect for **rental income or extended family** living! Steps to **Walmart, Mohawk Coll

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Property Details of 2 Terrace Drive, Hamilton

Property

  • Property Type Detached
  • Style Bungalow
  • Fronting On W
  • Community Balfour
  • Municipality Hamilton

Inside

  • Bedrooms 3
  • Bathrooms 2
  • Bathroom Details 1, 4pc Main
  • Bathroom Details 1, 4pc Basement
  • Basement Full, Separate Entrance
  • Kitchen 1 + 1
  • Rooms 7
  • Family Rooms N
  • Central Vac N
  • Fireplace Y

Utilities

  • Water Municipal
  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 700 - 1100 feet²
  • Architecture Style Bungalow
  • Exterior Feature Brick Front
  • Building Age 51-99

Parking

  • Drive Way Private
  • Garage 0
  • Parking Places 1
  • Total Parking Places 1

Land

  • Sewer Sewer
  • Frontage 50.4
  • Depth 87
  • Lot Size 50.4 x 87 feet
  • Lot Size Code Feet
  • Acreage < .50
  • Cross Street Upper james st and fennell ave

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Our Estimate

See Real Estate Market Trends in Hamilton

Estimated Rent

$ 3,263

Rental Yield

5.28%

School Score

7.2/10

Rental Score

5/5

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Rooms

Bedroom (3.66X3.66 metre)
Level: Main
Bedroom 2 (3.35X3.35 metre)
Level: Main
Bedroom 3 (3.05X3.05 metre)
Level: Main
Living Room (3.66X4.27 metre)
Level: Main
Bedroom (3.96X3.66 metre)
Level: Basement
Bedroom 2 (3.35X3.66 metre)
Level: Basement
Living Room (3.05X3.05 metre)
Level: Basement

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 2 Terrace Drive, Hamilton

Welcome to your dream home! This charming house for sale in Hamilton is nestled at 2 Terrace Drive, Hamilton, and offers a fantastic opportunity for those looking for versatility and comfort. Set on a premium corner lot in the desirable Balfour community, this detached bungalow is perfect for families or anyone seeking a bit of extra space.

As you approach the property, you'll immediately notice the attractive brick front that adds character and curb appeal to the house. With three spacious bedrooms on the main floor, this home is designed with family living in mind. The layout is bright and inviting, making it an ideal space for gatherings or simply relaxing after a long day. The main floor also boasts a private laundry area, ensuring that chores are kept convenient and out of the way.

Moving downstairs, the fully finished basement is a true gem. With two additional bedrooms and a den, which can easily serve as a home office, this space is incredibly versatile. The separate entrance to the basement provides privacy and independence, making it perfect for rental income or accommodating extended family. The basement also features its own laundry facilities and a full bathroom, adding to the convenience of this fantastic home.

The house for sale in Hamilton at 2 Terrace Drive, Hamilton, is equipped with central air conditioning, ensuring that you stay cool during the warmer months. The heating system is forced air, providing a comfortable atmosphere throughout the year. However, it's worth noting that there is no central vacuum system, which some may find a drawback.

For those who enjoy outdoor living, while this property does not come with a pool, the private driveway accommodates one parking space, making it easy to come and go. The lot measures 50 X 87 feet, providing ample outdoor space for gardening or simply enjoying the fresh air.

In terms of location, this house for sale in Hamilton couldn't be better situated. Just a stone's throw away from key amenities, including Walmart, Mohawk College, schools, and public transit, you'll find everything you need right at your doorstep. This vibrant community offers a blend of convenience and comfort, making it a sought-after area for families and professionals alike.

With a total of seven rooms, including the additional den and bedrooms, this home provides plenty of space for everyone. The property is unfurnished, allowing you to bring your own style and personality into the space. The age of the house falls between 51-99 years, giving it a sense of history and charm that newer builds often lack.

In summary, this house for sale in Hamilton at 2 Terrace Drive, Hamilton, is a remarkable opportunity for anyone looking to invest in a versatile and spacious home. Whether you're interested in utilising the basement for rental income or simply need the extra space for family, this bungalow has it all. Don’t miss out on the chance to make this lovely property your own. Opportunities like this don’t last long, so be sure to arrange a viewing soon!

Balfour is a charming residential neighbourhood nestled within the city of Hamilton, known for its tranquil atmosphere and family-friendly environment. Characterised by tree-lined streets and a mix of quaint homes, Balfour offers a sense of suburban peace while remaining conveniently close to the vibrant amenities of the city. Residents enjoy easy access to local parks, schools, and shops, making it an ideal location for families and individuals alike. The community's welcoming spirit is complemented by its proximity to public transport links, ensuring that the bustling heart of Hamilton is just a short journey away. Whether you're seeking a quiet retreat or a place to raise a family, Balfour presents a delightful blend of comfort and convenience.

Schools in the Neighbourhood

This property is ideally situated near several reputable schools, making it a great choice for families. Just 0.6 km away is Queensdale Elementary School, a public institution offering grades JK to 8 with a solid rating of 4.2. Close by, at 0.7 km, is Norwood Park Elementary School, which provides French language instruction and boasts a higher rating of 6.5. For older students, Westdale Secondary School, located 3.4 km away, offers both English and French programs for grades 9 to 12, with a commendable rating of 6. Additionally, Sts. Peter and Paul Catholic Elementary School is only 0.2 km from the property, providing a faith-based education for grades JK to 8, rated at 5.9. For secondary education, Cathedral CSS is 2.9 km away, although it has a lower rating of 3.1. Overall, the proximity to these diverse educational options, including both public and Catholic schools, ensures that families will have access to quality education in various languages, catering to different preferences and needs.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 618 residents, with an average household size of 2.5 individuals. The demographic profile reveals an average age of 41.3 years and a robust average household income of $101,000. Notably, 10.4% of the population is classified as low-income, while a significant portion, 50.46%, identifies as single. Families are present, with 34.29% of households having children. The community is diverse, with immigrants making up 33.86% of the population. Housing dynamics indicate that 34% of residents are renters, and there are no condominiums in the area. The average home price stands at $608,000, reflecting the local real estate market's value. Education levels are high, with 55.26% of residents holding a college or university degree. However, a notable 35.96% of the population is not in the labor force, suggesting potential challenges in employment opportunities. Overall, this area presents a mix of demographic characteristics, including a blend of families, singles, and a diverse immigrant population, contributing to a vibrant community atmosphere.

FAQs About 2 Terrace Drive, Hamilton

How many bathrooms does this property have?

This property features 2 bathroom(s) and 3 bedroom(s).

Does this 3 bedroom property have additional bedrooms or a den?

This Detached property includes 2 additional bedrooms.

What is the square footage (sqft) of this Detached property?

The total square footage of this Detached 3 bed property in Hamilton is 700 - 1100.

How many parking spaces are available with this property?

2 Terrace Drive boasts 1 convenient parking spaces.

How many cars can be parked in the garage of 2 Terrace Drive?

This property does not feature a garage.

What type of garage does this property have?

Information about the garage type is not provided.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Full, Separate Entrance basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 2 Terrace Drive, Hamilton

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Listing History

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