MLS Listings for 148 Terrace Drive in Hamilton

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For Sale

148 Terrace Drive

Hamilton, Balfour, L9A 2Z1

3 Bedrooms
2 Bath

Recently Sold in 148 Terrace Drive

Townhouse Condo Detached Semi-Detached Luxury Homes Luxury Condos

Overview of Balfour, Hamilton Real Estate Market & MLS® Listings

Here is a quick overview of Balfour, Hamilton Real Estate Market & MLS Listings by Home Type in the last 12 months.

Detached Houses Real Estate Market Snapshot for Balfour, Hamilton

The average price of a detached houses in Balfour, Hamilton was $780,000 for the month of February, 2025

Price Changes

Compared to last month: Price has increased by 1% for detached houses in Balfour, Hamilton.
Over the last 3 months: Price has increased by 23% for detached houses in Balfour, Hamilton.
Over the last 12 months ending in February, 2025: Price has decreased by 1% for detached houses in Balfour, Hamilton.

Market Activity for Detached Houses in Balfour, Hamilton

Selling time: On average, it takes 28 days to sell a detached houses in Balfour, Hamilton, while same time last year it took 7 days to sell a detached houses.
Active Listings: Currently, there are 6 detached houses available for sale in Balfour, Hamilton.
Recent Sales:
- In the month of February, 2025, 1 detached houses were sold in Balfour, Hamilton, compared to 3 detached houses sold in the same month last year. This represents a 67% decreased in sales.

View Sold Detached Houses in Balfour, Hamilton

List Price vs. Sold Price in Balfour, Hamilton

There were not enough sales data to calculate the list-to-sold price ratio for detached houses in Balfour, Hamilton.

FAQs about City/Community Real Estate

How do I find the Value of my House in Balfour, Hamilton?

It's simple! Give us a call at 647-276-5100, and we'll come to you for a free, in-person home valuation. One of our experienced real estate agents will visit your property and provide you with the most accurate, up-to-date market value based on local trends and insights. Prefer a digital option? You can also use our Home Value Estimator by clicking here, and we'll send you regular updates on your home's market value every month!

How much will you charge to sell my house or condo?

Our commission packages are designed to offer exceptional value while remaining competitive and flexible. We understand that every client and property is unique, so our commission structure is negotiable and tailored to meet your specific needs. Our listing fee can range from 1% to 2.5%. Our priority is to deliver outstanding service, marketing, and results to help you achieve your real estate goals. Feel free to give us a call and ask about our current promotions at 647-576-2100.

What Type of Marketing Do You Use to Sell Homes?

I utilize a comprehensive marketing strategy to ensure your home gets maximum exposure and attracts the right buyers. My approach includes:

Professional Photography & Videography: High-quality visuals to showcase your home. Check out some of our listing videos on YouTube as they have over 20k view on them, where we target buyers looking to purchase in your area.
Staging Consultations &/or Staging: Tips to present your home at its best.
Targeted Online Advertising: Campaigns on social media and property listing websites to reach potential buyers.
Email Marketing: Reaching out to a network of qualified buyers and agents.
Traditional Marketing: Flyers, brochures, and open houses to connect with local buyers.

Learn more about how I can market your property effectively here: Full Marketing Plan to sell your Home/Condo

How much do you charge to help me buy a house?

As a buyer, you typically don’t pay any commission for our services. In most cases, the seller covers the real estate commission for both their agent and the buyer’s agent. This means you get full professional support — at no cost to you — while we help you find the perfect home, negotiate the best deal, and guide you through the entire process. Call 647-576-2100 to find out our latest promotions for buyers.

What is the first step in buying a home in Balfour, Hamilton?

The first step in your home-buying journey is to get pre-approved for a mortgage. This not only helps you determine your budget but also gives you a clear idea of what you can afford before you start house hunting. Need guidance? Check out this article where we walk you through each step of the process! Click Here

What is the average detached house price in Balfour, Hamilton?

Average detached house price in Balfour, Hamilton is $738,036. Click here to check out detached homes for sale in Balfour, Hamilton.

What are the average property taxes for homes and condos in Balfour, Hamilton?

The average property taxes vary based on the type of home in Balfour, Hamilton for the last 12 months:

Detached House: $4,366

These figures provide an estimate of what homeowners can expect to pay annually in property taxes on an average house or condo in Balfour, Hamilton. Property taxes will vary depending on the property value, property type, location, size, zoning and many other factors.

How much land transfer tax do I have to pay to buy a house in Balfour, Hamilton?

The average price of a house in Balfour, Hamilton is $738,036, which means you can expect to pay approximately $11,235.72 in land transfer tax at closing. However, if you're a first-time homebuyer, you may qualify for a rebate of up to $4,000, making homeownership more affordable.

Land transfer tax in Ontario is $4,475 for properties priced at $400,000. For amounts exceeding $400,000, the tax is 2% up to $2 million, and 2.5% for amounts over $2 million. If you’re buying a home in Toronto times that figure by 2 because Toronto is the only municipality charging Land Transfer Tax.

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Your real estate agent is required to abide by the Privacy Code of the Canadian Real Estate Association. For specific information, please view the following PDF: http://www.mcsres.com/shared/PrivacyPolicy.pdf

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148 Terrace Drive MLS Listings & Real Estate For Sale