76 Terrace Drive, Hamilton, ON L9A 2Y6

$698,000
5
BD
2
BA
2,000
SqFt

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List Price
$698,000
MLS#
X13675290
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Bungalow
Bedrooms
5
Bathrooms
2
Living Area
2000-2500
Province
ON
Municipality
Hamilton
Area
Hamilton
Neighborhood
Balfour
Subdivision
Upper James St & Mcelroy Rd E

Property Description

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.

Additional Information

Taxes
$4,416
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
2
Exterior
Brick
Garage Spaces
1
Garage Type
Detached
Pool
None
Parking Spaces
3

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Calculator source: Real Geeks

Listing courtesy of ROCK STAR REAL ESTATE INC..