201 TERRACE DRIVE, Hamilton (Balfour)
$625,000
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 4 bedrooms, 2 bathrooms
- Living area
- 1,100 sqft
- MLS®
- MLS® X13720566
- Neighbourhood
- Balfour
Exceptional Bungalow in Sought-After Balfour Neighbourhood! This 2-unit bungalow offers outstanding versatility for families, multi-generational living, or savvy investors. Ideally located just a short walk to Norwood Park Elementary School (French Immersion), parks, shops, restaurants, the library, St. Joseph's Healthcare, Mohawk College, and quick access to the LINC and Hwy 403. Inside, you'll find a contemporary interior featuring elegant coffered and coved ceilings, and an impressive restaurant-inspired stainless steel chef's kitchen. The separate side entrance leads to a finished lower level with kitchen, gas fireplace, and excellent potential for an in-law suite or income-generating apartment. Step outside to your private backyard oasis, offering a peaceful retreat in a central location. Energy-conscious buyers will appreciate the EnerGuide energy-efficient rating and the fact that there are no rental items to assume. Situated on an excellent multi-use R1-zoned lot in one of Hamilton Mountain's most desirable communities, this property presents a fantastic opportunity for families, investors, or those seeking flexible living arrangements. Exceptional location, exceptional value, exceptional opportunity.
Sold data
Homes in Balfour — recent sold market
Homes in Balfour took a median of 28 days to sell over the last 730 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 50, across 47 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.
The median sale price was $699,000.
Homes sold for about 2.0% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 30% of sellers reduced their price before finding a buyer.
- Median days to sell
- 28
- Median sale price
- $699,000
- Sale-to-list ratio
- 98.0%
- Sold above asking
- 19%
Based on 47 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. 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 201 TERRACE DRIVE
$612,000
Detached4+22700–1,100 sqft894 GARTH STREET, Westcliffe, Hamilton
$649,900
Detached4+12700–1,100 sqft245 WEST 33RD STREET, Westcliffe, Hamilton
$649,900
Detached4+220–699 sqft220 EAST 13TH STREET, Inch Park, Hamilton
$639,900
Detached4+121,500–2,000 sqft11 GROVE STREET, 702 - Iroquois, South Dundas
$599,900
Detached4+22700–1,100 sqft625 TATE AVENUE, Parkview, Hamilton
$657,900
Detached421,100–1,500 sqft10 BRIER CRESCENT, Brantford
$749,900
Detached421,100–1,500 sqft641 LIMERIDGE ROAD E, Thorner, Hamilton
$799,000
Detached6+32700–1,100 sqft173 WEST 32ND STREET, Westcliffe, Hamilton