$2,400/mo - 170 Terrace Drive Unit Upper, Hamilton
Detached for Rent in Hamilton
New — Listed yesterdayNeighbourhood: Balfour
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- MLS Number
- X13811036
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- ROCK STAR REAL ESTATE INC.
This fully-renovated, 3-bedroom, 1-bathroom upper unit awaits you. When you first walk in you will notice the beautiful luxury floor throughout (carpet-free), a spacious open concept living area and kitchen featuring quartz countertops and ceramic backsplash that features stainless-steel appliances. The unit includes separate washer/dryer centre as well as three spacious bedrooms and a bathroom. This unit comes with 2 parking spots in tandem with a carport as well as shared backyard. Utilities are shared with lower unit and the upper is responsible for 60% of the utilities. This is a mere Listing - please contact landlord directly. Landlord will pay co-op brokerage 1/2 months rent + HST directly, with use of form 202 with offer. Landlord reserves the right to lease the property themselves. Listing brokerage only responsible for 0.01 upon invoice. Brokerage does not hold deposit. Please email evo.genchev@gmail.com for all inquires.
Discover Balfour
Balfour is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Balfour
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Balfour offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
170 Terrace Drive Unit Upper, Hamilton
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $2,400/mo, this is priced below the typical 3-bedroom rent of ~$3,500/mo in Hamilton. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Just Listed - Act Strategically
This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Balfour
I know Balfour well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.