1 WELBOURN DRIVE, Hamilton (Balfour)

$725,000

For sale: Detached

Detached at 1 WELBOURN DRIVE, Hamilton (Balfour)
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
1,100 sqft
MLS®
MLS® X13078546
Neighbourhood
Balfour

Beautiful Legal Duplex or Two Family Dwelling situated in a fabulous area close to parks, shopping, schools and transit. This renovated and well-maintained home is an amazing opportunity for a family with in-laws, savvy homeowner looking to off-set their mortgage or perfect for investor looking for turnkey rental property. Be amazed with open concept layout and new vinyl flooring throughout. Two separately contained units with ensuite laundry, extended driveway for 3 cars, beautiful oversized deck. Fully vacant to set your own rents with potential income of $4,300/month plus utilities. Projected Rents as follows Main floor $2450, Lower/Basement $1850. Financials available.

Sold data

Detached homes in Hamilton (Balfour) — recent sold market

Detached homes in Hamilton (Balfour) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 52, across 833 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.

The median sale price was $767,777.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$767,777
Sale-to-list ratio
97.0%
Sold above asking
13%

Based on 833 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Balfour)

Hamilton (Balfour) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.

Rated schools
130
Elementary
108
Secondary
22
Average rating
5.6 / 10

Top-rated schools in Hamilton (Balfour)

  • Corpus Christi — elementary, HamiltonFraser rating 10.0/10
  • Norwood Park — elementary, HamiltonFraser rating 8.4/10
  • Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
  • Westmount — secondary, HamiltonFraser rating 7.3/10
  • Sacred Heart — elementary, HamiltonFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1 WELBOURN DRIVE