1 Welbourn Drive, Hamilton, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Balfour. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $725,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 40 x 117 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Water Heater, Water Meter, Accessory Apartment
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautiful Legal Duplex or Two Family Dwelling situated in a fabulous area close to parks, shopping, schools and transit. This renovated and well-maintained home is an amazing opportunity for a family with in-laws, savvy homeowner looking to off-set their mortgage or perfect for investor looking for turnkey rental property. Be amazed with open concept layout and new vinyl flooring throughout. Two separately contained units with ensuite laundry, extended driveway for 3 cars, beautiful oversized deck. Fully vacant to set your own rents with potential income of $4,300/month plus utilities. Projected Rents as follows Main floor $2450, Lower/Basement $1850. Financials available.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Water Heater, Water Meter, Accessory Apartment, In-Law Suite
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1 Welbourn Drive, Hamilton, ON L9A 3N1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
Configure Loan Settings
About Purchasing a Home in Hamilton, ON
For a property listed at $725,000 in Hamilton, the legal minimum down payment is $47,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,975 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,975.
Nearby Listings
No current listings found in Hamilton.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Balfour, Hamilton.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.