For Lease
Just Listed
138 Welbourn Drive Lower #Lower
Balfour, Hamilton, ON
$1,500
1+1Bd
1Ba
900+sqft
1Parking
$2/sqft
DetachedMLS# X13804250Listed 2026-09-181 DOM
Cooling
Central Air
Basement
Finished
Just listed! New listings in Hamilton often receive offers within the first week.
About this home
Beautifully renovated lower-level 1 BED+1 DEN suite in a bungalow located in Hamilton's sought-after Central Mountain neighbourhood! Featuring 1 bedroom plus a versatile den/office, in-suite laundry and 1 parking space. Spacious eat-in kitchen with granite island, breakfast bar seating, stainless steel appliances and ample cabinetry. Generous living room and flexible den, ideal for a large dining room or home office. Bedroom with closet. Laminate flooring throughout. Updated 3-piece bathroom with glass-enclosed shower and modern vanity. Enjoy access to a spacious shared backyard. No smoking. Tenant responsible for 40% of utilities, including water, hydro, gas and hot water tank rental. No Smoking and pets may be allowed. Available November 1, 2026.
Renovated
Rooms
Main Floor
| Bedroom | 3.00 × 3.00 m | |
| Bedroom 2 | 2.74 × 2.84 m | |
| Bedroom 3 | 3.89 × 2.74 m | |
| Bathroom | 2.95 × 1.65 m |
Lower
| Kitchen | 3.05 × 3.05 m | |
| Living Room | 4.00 × 3.00 m | |
| Den | 3.20 × 2.50 m |
Features
- Carpet Free
- Finished
- Central Air
- Bungalow
Financials
Estimated Rental Income
Entire property$2,000 – $3,000/mo
Rental yield1600.0% – 2400.0%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Hamilton
Days on market1 days
Buyer's MarketSeller's Market
Based on active listings in Hamilton. Data updates daily.
Demographics — Hamilton
Population
569,353
Avg Household Income
$90,000
Age Distribution
0-19
20%
20-34
21%
35-49
19%
50-64
20%
65+
20%
Ownership65% own · 35% rent
EnglishFrenchArabicItalianTagalog
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Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
72
/ 100
Walk Score
Very Walkable
66
/ 100
Transit Score
Good Transit
72
/ 100
Bike Score
Very Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.