76 Terrace Drive, Hamilton, ON L9A 2Y6
$744,000
$744,000

76 Terrace Drive

Balfour, Hamilton $744,000

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5 Beds
2 Baths
700-1100 sqft
Detached Garage
Parking for 2
West Facing
MLS®#:
X13096818
Property Type:
Detached
Property Style:
Bungalow
Area:
Hamilton
Community:
Balfour
Taxes:
$4,416 / 2025
Added:
May 07 2026
Lot Frontage:
40
Lot Depth:
100
Status:
Active
Outside:
Brick
Year Built:
Basement:
Separate Entrance,Finished
Brokerage:
ROCK STAR REAL ESTATE INC.
Lot :

100

40

Intersection:
Upper James St & McElroy Rd E
Rooms:
Bedrooms:
5
Bathrooms:
2
Fireplace:
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:
Kitchen 3.61 x 2.41m

Main Level
Living Room 5.46 x 3.48m

Main Level
Primary Bedroom 3.48 x 3.28m

Main Level
Bedroom 2 3.81 x 2.74m

Main Level
Bedroom 3 3.02 x 2.74m

Main Level
Bathroom 0
4 Pc Bath
Main Level
Kitchen 7.42 x 3.33m
Combined w/Living
Basement Level
Bedroom 4.24 x 3.33m

Basement Level
Bedroom 2.87 x 2.44m

Basement Level
Bathroom 0
3 Pc Bath
Basement Level

Listing Details

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.

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

Insights

  1. Legal Two-Family Dwelling: This property is a fully compliant legal two-family dwelling, providing flexibility for homeowners and investors. It can serve as a primary residence with rental income potential or as a complete investment property.
  2. Future Development Potential: Set on a deep 100-ft lot, there is potential for future development, including the possibility of adding a detached dwelling unit (ADU), subject to zoning and municipal approvals, enhancing long-term investment value.
  3. Multi-Generational Living: The property features two self-contained living areas with separate entrances and private in-unit laundry, making it ideal for multi-generational living arrangements or accommodating guests while maintaining privacy.

Sale/Lease History of 76 Terrace Drive

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Neighborhood Overview

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Balfour home prices

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Insights for 76 Terrace Drive

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)