76 TERRACE Drive
Hamilton, Ontario
5 bed • 2 bath • Single Family
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.
Price History
Schools
Elementary
- Sts. Peter and Paul Catholic Elementary School0.4 km
Catholic · Hamilton-Wentworth CDSB · 530 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 51% met the provincial standard
- Norwood Park Elementary School0.5 km
Public · Hamilton-Wentworth DSB · 500 students
Grade 3 reading: 93% met the provincial standard · Grade 6 math: 72% met the provincial standard
- Queensdale School0.8 km
Public · Hamilton-Wentworth DSB · 400 students
Grade 3 reading: 66% met the provincial standard · Grade 6 math: 39% met the provincial standard
Secondary
- St. Charles Catholic Adult Secondary School0.5 km
Catholic · Hamilton-Wentworth CDSB · 345 students
- Turning Point Alternative Education School1.1 km
Public · Hamilton-Wentworth DSB · 100 students
- James Street Alternative Education1.2 km
Public · Hamilton-Wentworth DSB · 50 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L9A
- Population
- 25,899
- Private dwellings
- 10,346
- Median age
- 40.4
- Average household size
- 2.5
- Median household income
- $81,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Hamilton · last 12 months
- Median sold price
- $683,250
- Homes sold
- 4,988
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,988 recorded sales of single family properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$148,800
Estimated Monthly Payment
$3,655
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,655/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $186/mo
Estimates only. Consult a financial advisor.
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