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201 Terrace Drive

Balfour / Hamilton, ON L9A 2Z2

ActiveFor Sale
4 Beds
2 Baths
700 Sq Ft
Single Family Home

About This Property

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.

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size700 sq ft
Bedrooms4
Bathrooms2
Postal CodeL9A 2Z2
Last UpdatedSep 14, 2026 · 8:38 a.m.

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Features & Amenities

  • View
  • Fireplace
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13720566

Listed by RE/MAX ESCARPMENT REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$625,000

asking price

MLS®X13720566
TypeSingle Family Home
CityHamilton
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,052

/month · $500,000 mortgage

Down Payment20% — $125,000
Interest Rate5.5%

Amortization

Total Interest

$415,587

Total Cost

$915,587

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX ESCARPMENT REALTY INC.