Home with brick exterior material, street for 8 Banff Dr, Hamilton Ontario L8T 3B5
24 days on Market

8 Banff Dr, Hamilton, Ontario L8T 3B5

Townhouse
6
6
~1500-2000 sqft
$1,349,000
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Townhouse
6
6
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$787/sqft

Est. Mortgage$5,793/mo

Tax Amount (2024)$6,400/yr

Days On Market24 days


Description

VTB opportunity available! Turnkey investment or house hacking opportunity! This 3-unit property includes a legal duplex and a detached garden suite, generating over $7,000/month in rental income. Fully renovated in 2023 with quality craftsmanship, each unit offers its own driveway parking, in-unit laundry, privately fenced backyard, tankless water heater and separate water meter. The spacious main unit spans three levels, featuring 4 bedrooms, 2.5 bathrooms, and a primary suite with a walk-in closet, ensuite with a soaker tub and double sinks, and a large private balcony. The basement studio is bright and inviting, with oversized windows and an electric fireplace. Completing the property, the garden suite offers 2 bedrooms and 1.5 bathrooms, making this an exceptional income-generating opportunity! Located on the Hamilton Mountain is a family-friendly neighbourhood, just a walks away from amenities, parks and schools.


Property Details

StyleSidesplit
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size7,137 SqFt(102.19 x 69.85)
Parking Spaces3
MLS ®NumberX12052379
Community NameBerrisfield
Data SourceTRREB
Listing byROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Apartment, Full

Features

Lot size: 7,137 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES, Brokerage

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Market Data - Berrisfield

Geo Zone Map ThumbnailBerrisfield

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

135 days

Compared to

2024

69 days

2023

37 days

2022

0 day

New Listings

Past 30 days

1 listing

Compared to

2024

0 listing

2023

1 listing

2022

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

1 unit

2022

0 unit

Median Sold Price

Past 30 days

$475,000

Compared to

2024

$490,000

2023

$528,000


Population and Demographics

Overview

Total population 3761
Average household income $102,683

Age (%)

0 to 19
22%
65 and plus
22%
20 to 34
20%
50 to 64
19%
35 to 49
18%

Household composition (%)

Single family
67%
Single person
29%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
81%
Arabic
4%
Others
2%
Spanish
2%
Italian
2%
Tagalog (Pilipino, Filipino)
2%
French
1%
Portuguese
1%

House tenancy (%)

Owners
63%
Renters
37%

Schools and amenities

Estimated Budget