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Balfour, Hamilton
$699,900
Space, flexibility, and a fully updated mechanical package - this 1.5-storey brick detached home on a corner lot delivers all three. Featuring 4+1 bedrooms and 3 washrooms across three finished levels, the functional layout includes a self-contained lower level with its own separate entrance, Kitchen, rec room with a fireplace, 1 bedroom, and a 3-piece bath. Perfect for an in-law suite, multi-generational living, or extra income potential. Outside, the property boasts a double detached garage and an expansive driveway offering up to 12 total parking spots, alongside a fully fenced backyard designed for entertaining. Key mechanical updates offer complete peace of mind: furnace & A/C (2024), owned hot water tank (2022), roof (2022), concrete driveway (2023), and fencing (2025). Located in the desirable Balfour neighborhood on Hamilton Mountain, you are steps from top-rated schools, public transit, local amenities, and quick highway access.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,388 |
| Lot Size | 63 ft x 113 ft |
| mls© Number | X13798518 |
| Listed By | RE/MAX ESCARPMENT GOLFI REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,582
- Property tax
- $449
- Heat allowance
- $150
- Housing costs
- $4,181 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$129,000
gross annual household income
- Payment at 4%
- $2,945 / mo
- Cash down
- $139,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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