30 TERRACE Drive

Welcome to 30 Terrace Drive, Hamilton, where an exceptional opportunity awaits in the form of a Multi-Family Home for sale in Hamilton . This property is situated on one of the most sought-after streets in the Balfour community, offering a unique floor plan that is both practical and inviting. The elevated bungalow features a lower level that is at grade level, making it an ideal setup for accommodating extended family or in-law arrangements.

As you approach 30 Terrace Drive, Hamilton, you will notice the charming exterior, which combines cedar and a brick front, providing both aesthetic appeal and durability. This multiplex building, which has been lovingly maintained by the same owners for an impressive 46 years, boasts a spacious layout that is perfect for families or those seeking additional rental income. The property features three well-proportioned bedrooms, ensuring ample space for everyone.

Inside, the home is designed for comfort and functionality. The main kitchen is equipped to meet all your culinary needs, while an additional kitchen enhances the versatility of the space, making it suitable for a variety of living arrangements. The property includes a total of five rooms, which are complemented by two full bathrooms, ensuring convenience for all residents. The absence of a den and a family room means that the space is dedicated to the essentials, allowing for a more streamlined living experience.

One of the standout features of this Multi-Family Home for sale in Hamilton is the finished basement, which includes a walk-out. This space can serve multiple purposes, whether as a recreational area, a private suite, or simply additional storage. The presence of a wood-burning fireplace in the rec room adds a touch of warmth and character, making it a perfect spot for family gatherings during the colder months.

In terms of amenities, 30 Terrace Drive, Hamilton, is equipped with central air conditioning to ensure comfort throughout the year. While there is no pool on the property, the expansive lot measuring 85 x 109 feet provides ample outdoor space for gardening, play, or relaxation. The property also benefits from municipal water and sewer services, ensuring a hassle-free living experience.

Parking is made easy with an attached single garage and a private double driveway, accommodating up to two vehicles. This feature is particularly advantageous in the bustling city of Hamilton, where parking can often be a concern. The home is offered unfurnished, allowing you the freedom to personalise the space to your liking.

The heating system is a forced air type, ensuring that the home remains warm and inviting during the colder months. Additionally, the property is equipped with internet access, making it suitable for modern living and remote work arrangements.

For those seeking a Multi-Family Home for sale in Hamilton, 30 Terrace Drive is a remarkable option. With its prime location in the Balfour community, spacious layout, and versatile living arrangements, this home is perfect for families or investors alike. The combination of its unique features and the potential for additional income makes it a truly valuable property.

In summary, 30 Terrace Drive, Hamilton, presents an outstanding opportunity to acquire a well-maintained, elevated bungalow that is both functional and flexible. With three bedrooms, two bathrooms, and a finished basement, this Multi-Family Home for sale in Hamilton is ready to welcome its new owners. Don't miss out on the chance to make this wonderful property your own. Whether you are looking to settle down in a vibrant community or invest in a promising property, 30 Terrace Drive is a choice that should not be overlooked.

Balfour is a charming neighbourhood nestled within the vibrant city of Hamilton, known for its blend of residential comfort and convenient amenities. This area boasts a variety of housing options, from quaint single-family homes to modern apartments, catering to diverse lifestyles. Balfour is characterised by its tree-lined streets and green spaces, providing a pleasant environment for leisurely strolls and outdoor activities. Residents enjoy easy access to local shops, schools, and parks, while the proximity to public transport ensures a seamless connection to the wider city. With its welcoming atmosphere and community spirit, Balfour offers a delightful setting for those looking to settle in Hamilton.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance of approximately 1.4 to 2.1 kilometers, you'll find multiple elementary schools, including Dundana Elementary School, Sir William Osler Elementary School, and Dundas Central Elementary School, offering a range of grades from Junior Kindergarten to Grade 8. Notably, St. Bernadette CES, a Catholic elementary school with an impressive rating of 8.6, is just 1.2 km away. For secondary education, Dundas Valley Secondary School, rated 7, is only 1.3 km from the property, providing a solid option for students in Grades 9 to 12. Additionally, St. Mary CSS, another Catholic secondary school, is located 3.0 km away. The schools are primarily under the Hamilton-Wentworth District School Board and the Hamilton-Wentworth Catholic District School Board, ensuring a variety of educational choices in both English and French. With such a strong educational landscape nearby, families will appreciate the accessibility and quality of schooling available in this vibrant community.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, affluent community with a population of 431 residents and an average household size of 2.6 individuals. The average age of residents is 44.4 years, indicating a mature population. The average household income stands at an impressive $134,000, with only 5.2% of the population classified as low-income. The real estate market reflects this affluence, with an average property price of $870,000. Notably, 34.25% of the residents are single, while nearly half (48.15%) live in households with children, suggesting a family-friendly environment. The area is also home to a significant immigrant population, comprising 17.07% of residents. Interestingly, there are no renters or condominiums, highlighting a community predominantly composed of homeowners. Educational attainment is high, with 68.57% of residents holding a college or university degree. However, it is worth noting that 40% of the population is not in the labor force, which may reflect retirement or other factors. Overall, this area presents a unique blend of affluence, family orientation, and educational achievement.