1 / 2476 TERRACE DRIVE
Hamilton (Balfour), Ontario, L9A2Y6
$744,000
Bedrooms
5
Bathrooms
2
Parking
2
About this property
Welcome to this solid LEGAL 2-FAMILY DWELLING 3+2 bedroom detached bungalow in the desirable West Hamilton Mountain, offering a rare blend of immediate livability, regulatory compliance, and long-term upside. Fully compliant as a legal two-family dwelling and licensed rental with the City of Hamilton, this property delivers flexibility and peace of mind for homeowners and investors alike. Featuring two self-contained living areas, the home supports multiple lifestyle strategies-live in one unit with a mortgage helper, accommodate multi-generational living, or hold as a turnkey income property. Both units offer functional layouts, separate entrances, and private in-unit laundry, enhancing independence, convenience, and rental appeal. Set on a deep 100-ft lot, the property also offers future value-add potential. A separate garage and generous yard may offer exciting potential for future development, including the possibility of a detached dwelling unit (ADU), subject to zoning, municipal approvals, and buyer verification. A versatile property with strong fundamentals. One home. Multiple strategies. Built-in compliance. Future upside. Note: Some images have been virtually staged or AI-enhanced to illustrate potential furniture layout and design. Actual property condition may differ. (id:66779)
Rooms
| Kitchen | Main level | — |
| Living room | Main level | — |
| Primary Bedroom | Main level | — |
| Bedroom 2 | Main level | — |
| Bedroom 3 | Main level | — |
| Bathroom | Main level | — |
| Kitchen | Basement | — |
| Bedroom | Basement | — |
| Bedroom | Basement | — |
| Bathroom | Basement | — |
Details
- Sewer
- Sanitary sewer
- Cooling
- Central air conditioning
- Heating
- Forced air, Natural gas
- List aor
- Toronto
- Stories
- 1
- Tax year
- 2,026
- Basement
- Finished, Separate entrance, N/A, N/A
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer
- Directions
- Cross Streets: Upper James St & McElroy Rd E. ** Directions: East of Upper James St; north of McElroy Rd E.
- Fireplace
- No
- Water source
- Municipal water
- Structure type
- House
- Parking features
- Detached Garage, Garage
- Tax annual amount
- 4,416
- Exterior features
- Brick
- Foundation details
- Block
- Lot size dimensions
- 40 x 100 FT
- Architectural style
- Bungalow
- Bedrooms above grade
- 3
- Bedrooms below grade
- 2
- Property attached
- No
More in Hamilton
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