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14 hours on Market

2 Terrace Dr, Hamilton, Ontario L9A 2Y6

Detached
3 + 2
2
~700-1100 sqft
$699,000
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Detached
3 + 2
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market14 hours

Estimated valueNot available

Price/Sqft$817/sqft

Monthly cost

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CMA Subject Property

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+4

Properties sold*

$679K

Median sold price*

*Based on last 30 days

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 College**, schools, transit & all key amenities. ?Live in one unit and rent the other opportunities like this don't last!


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~700-1100 SqFt
Lot Size4,384 SqFt(87 x 50.4)
Parking Spaces1
MLS ®NumberX12326047
Community NameBalfour
Data SourceTRREB
Listing byHOMELIFE/MIRACLE REALTY LTD

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, Sep Entrance

Main Floor

Br

3.66 x 3.66

2nd Br

3.35 x 3.35

3rd Br

3.05 x 3.05

Living

3.66 x 4.27


Features

Lot size: 4,384 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

Aug 6, 2025
ListedActive
$699,000
14 hours on market
history photo preview1
Listing by trreb®

Market Data - Balfour

Geo Zone Map ThumbnailBalfour

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

13 days

Compared to

2024

27 days

2023

8 days

2022

17 days

New Listings

Past 30 days

10 listings

Compared to

2024

6 listings

2023

8 listings

2022

4 listings

Units sold

Past 30 days

2 units

Compared to

2024

4 units

2023

5 units

2022

2 units

Median Sold Price

Past 30 days

$577,600

Compared to

2024

$679,250

2023

$735,000

2022

$882,500


Population and Demographics

Overview

Total population 2895
Average household income $102,574

Age (%)

0 to 19
17%
20 to 34
27%
35 to 49
17%
50 to 64
21%
65 and plus
18%

Household composition (%)

Single family
57%
Single person
35%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
74%
Arabic
4%
Italian
3%
Spanish
3%
Punjabi (Panjabi)
3%
Others
3%
Assyrian Neo-Aramaic
3%
Tagalog (Pilipino, Filipino)
3%

House tenancy (%)

Owners
61%
Renters
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget