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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13774564For SaleCondo Townhouse

47-38 Elora Dr

Fessenden, Hamilton, Ontario L9C 7L6

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47-38 Elora Dr, Hamilton, photo 1
Asking$489,000
Bedrooms
3
Bathrooms
3
Size
1,200–1,399sq ft
Per sq ft
$376at the range’s middle
Tax a year
$3,3982025 tax year
Parking
21 built-in
Days on market
Members

The brief

About 47-38 Elora Dr

47-38 Elora Dr is a 3-bedroom, 3-bathroom condo townhouse in Fessenden, Hamilton, listed for sale at an asking price of $489,000 (MLS® X13774564).

Discover the perfect opportunity to own a spacious and well-maintained townhouse in Hamilton's desirable Fessenden area. This inviting 3-bedroom, 2.5-bathroom home offers a functional layout designed for comfortable everyday living. The bright and welcoming main living areafeatures a cozy gas fireplace, creating the perfect atmosphere for relaxing evenings or entertaining guests. Enjoy the convenience of an attachedgarage with inside entry, providing added comfort and practicality year-round. Located in a very well-managed complex, this home offers peaceof mind along with an easily accessible location close to major highways, shopping, schools, parks, and other everyday amenities.

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$261/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 20 condos with 3 bedrooms for lease in Hamilton right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$3,398 / 2025
MLS® number
X13774564
Board
TRREB MLS®
Property Type
Condo Townhouse
Days on market
Size
1200-1399 sqft
Listed on
Parking
1 Built-In, 2 Parking
Listing brokerage: EXP REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Townhouse
Style
2-Storey
Community
Fessenden
Municipality
Hamilton

Building

Size
1200-1399 sqft
Construction
Brick

Inside

Bedrooms
3
Bathrooms
3
Bathroom Details
1 × 3pc, 1 × 4pc, 1 × 2pc
Basement Type
Unfinished
Kitchens
1

Parking

Garage Type
Built-In
Garage
1
Additional Parking
1
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
Yes
Den
No
Family room
No
Extras
Dishwasher, stove, refrigerator, microwave oven, washer and dryer.
Condo maint.
$472

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 47-38 Elora Dr, Hamilton, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$489,000N/AFor SaleX13774564

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $97,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$97,800
Total mortgage amount
$391,200
Total interest payment
$278,100
Total purchase cost
$767,100
Mortgage payment
$2,231/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

29%

Monthly carrying cost

$2,986
−$261per month
  • Rent $2,725
  • Shortfall $261

Rental income opens at $2,725, the median asking rent of 20 comparable homes for lease in Hamilton. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$6,255
Total land transfer tax
$6,255
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$2,255
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $489,000
$1,780
Ontario total
$6,255

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

15 records · 9 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 m1 water-supply well recorded within 250 mGroundwater recorded about 4.6 m below ground nearbyBedrock about 8.5 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 5.7 kmTransit stop within 400 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at a household 30 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • No mapped wetland within 120 m120 m
  • 1 water-supply well recorded within 250 mFrom Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 11.2 m.250 m
  • Groundwater recorded about 4.6 m below ground nearbyThe middle water level in the well records within 500 m (22 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 8.5 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 5.7 km5.7 km

Province of Ontario open data

Around the home2

  • Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 50 m away. Routes and stops change; check the agency’s schedule.400 m
  • A trail on the Ontario trail network within 1 km1 km

Municipal transit open data · Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Mondelez Canada Inc — Hamilton Confectionary Plant, 2.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Hamilton Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence

The market

Condos for sale in Fessenden right now

For sale now
7
Median asking price
$430K

Middle half: $407K to $469K

New in 7 days
0

2 in 28 days

Price cuts
43%

3 listings

This home is asking 14% above the median, higher than three quarters of them.

See all homes in Fessenden

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St. Teresa of Avila Catholic Elementary SchoolHamilton-Wentworth CDSBCatholic · grades JK–8500 m83%Grade 6 average
Mountview Junior Public SchoolHamilton-Wentworth DSBPublic · grades JK–6900 m75%Grade 6 average
Regina Mundi Catholic Elementary SchoolHamilton-Wentworth CDSBCatholic · grades JK–81.1 km69%Grade 6 average
ÉÉC Monseigneur-de-LavalConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–82.8 km69%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Sir Allan MacNab Secondary SchoolHamilton-Wentworth DSBPublic · grades 9–12350 m38%Grade 9 math
St. Thomas More Catholic Secondary SchoolHamilton-Wentworth CDSBCatholic · grades 9–122.2 km48%Grade 9 math
St. Mary Catholic Secondary SchoolHamilton-Wentworth CDSBCatholic · grades 9–122.3 km69%Grade 9 math
École secondaire Georges-P-VanierConseil scolaire ViamondeFrench-language public · grades 9–124.5 km73%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Fessenden are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record