Single Family Residence for sale at 42 Terrace Drive, Hamilton, ON, L9A 2Y6 - Balfour - MLS: 40750118

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42 Terrace Drive

Hamilton, ON, L9A 2Y6 - Balfour

$779,900

Neighbourhood

Balfour
Major Intersection

Listed Since: 66 day(s)
Last update: today

Overview

Property Type

Single Family Residence, Bungalow
Bedrooms

3 + 2
Bathrooms

2
Basement

Full, Finished
Kitchen

n/a
Total Parking

3
Lot Size

Available Upon Request
Taxes

$4,461.46 (2024)
Type

Freehold

Property Description

Property description for 42 Terrace Drive, Hamilton

An Opportunity To Own A Renovated Move-In Ready 3+2 Bed Two Bath Bungalow With A Finished Separate Entrance Basement In One Of Hamilton's Most Sought After Communities! Tucked Away On The Mountain, Offering A Quieter, More Suburban Atmosphere This Home And Location Are Dream Alike. No Rear Neighbours And Just Steps From The Hospital, College, Dollarama, LCBO, Walmart, Shoppers, Canadian Tire, Schools, And Churches! Enjoy Numerous Inclusions And Modern Bright Finishes. Come See It For Yourself!

Listed by REVEL Realty Inc., Brokerage

Property details

MLS #

40750118
Sq. Ft

1050
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

3
Family Room

n/a
Den

n/a
Exterior

Brick
Fireplace

n/a
Roof

Asphalt Shing
Foundation

None
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air, Natural Gas
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

Y

MLS #

40750118
Sq. Ft

1050
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

3
Family Room

n/a
Den

n/a
Exterior

Brick
Fireplace

n/a
Roof

Asphalt Shing
Foundation

None
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air, Natural Gas
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

Y

Bedroom

3.76 x 2.49 ft Main level

4-Piece
Kitchen

19 x 11 ft Main level
Bathroom

11 x 8 ft Main level

4-Piece
Bedroom

10 x 9 ft Main level
Other

25 x 15 ft Lower level
Living Room

18 x 8 ft Main level
Bedroom Primary

11 x 11 ft Main level
Bedroom

2.67 x 3.99 ft Lower level
Family Room

4.80 x 3.10 ft Lower level
Bedroom

3.35 x 3.10 ft Lower level
Bathroom

11 x 11 ft Lower level

3-Piece
Kitchen

4.22 x 0.61 ft Lower level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

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Neighbourhood Amenities & Points of Interest

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Local Real Estate Price Trends for Single Family Residence in Balfour

Active listings

Average Selling Price of a Single Family Residence

August 2025

$660,625

Last 3 Months

$661,075

Last 12 Months

$640,852

August 2024

$756,667

Last 3 Months LY

$706,722

Last 12 Months LY

$659,164

Change

-13%

Change

-6%

Change

-3%

Historical Average Selling Price of a Single Family Residence in Balfour

Average Selling Price

3 years ago

$741,633

Average Selling Price

5 years ago

$502,500

Average Selling Price

10 years ago

$210,250

Change

-11%

Change

31%

Change

214%

Average Selling price

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.