$1,950,000 - 78 Terrace Drive, Hamilton
Detached for Sale in Hamilton
66 days on market- MLS Number
- X12993368
- Property Type
- Detached
- Status
- active
- Days on Site
- 66
- Bedrooms
- 5
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
In the picturesque Dundas community of Pleasant Valley sits this extraordinary custom residence offering an elevated standard of living defined by impeccable craftsmanship and timeless design. Built by McConnell Homes, this distinguished all-brick two-storey spans over 4,500+ sqft above grade, plus 2,200+ sqft of exquisitely finished living space below. A grand double-door entry introduces an opulent Bisazza Italian stone foyer, setting the tone for the elegance that unfolds throughout. A sweeping staircase, adorned with luxurious Stark wool carpeting, anchors the home with architectural grace. The principal living spaces are thoughtfully designed for both grand entertaining and intimate gatherings, featuring wire-brushed hardwood floors and an effortless flow from formal living and dining areas into the heart of the home. The chef-inspired kitchen is a culinary showpiece, appointed with premium KitchenAid appliances, bespoke cabinetry, and generous prep space. The adjoining great room is equally captivating, highlighted by a striking imported Bisazza fireplace and seamless access to a private, resort-style backyard. Upstairs, natural light pours through a dramatic skylight, illuminating a spa-inspired ensuite featuring a jacuzzi tub, separate shower, dual walk-in closets, a private office, and a secluded terrace overlooking the gardens. Three additional bedrooms and two beautifully appointed bathrooms complete the upper level. The lower level is an entertainer's dream, with a richly finished family room, fireplace, granite flooring, wet bar, private theatre, kitchenette, and guest suite with ensuite bath. Walk-out to the multi-tiered interlock patio, covered in-ground concrete pool, and dedicated pool lounge - an outdoor retreat surrounded by mature landscaping, set on an oversized double lot. The property offers dual driveways from both Turnbull and Terrace, and a double garage with interior access-an exceptional offering of sophistication, comfort, and prestige.
Estimate your monthly payments for this property
Estimated Payment
$8,625.51/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Hamilton
Hamilton 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 Hamilton
- •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
Hamilton 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.
78 Terrace Drive, Hamilton
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $557/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 66 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.
Bathroom Count Matters
With 7 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.