38 Elora Dr #47, Hamilton

Name: 38 Elora Drive, Unit 47
SKU: X13774564
Price: 489000 CAD
Availability: InStock

3 Bed, 2 Bath Condo Townhouse in Hamilton

Unit 47 at 38 Elora Drive

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.

3 bedrooms, 2 bathrooms, about 1,200 sq ft, works out to roughly $408 per square foot. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.

Inside 38 Elora Dr #47

Every detail from the listing, in one place.

Type: Condo Townhouse
Style: 2-Storey
Living space: 1200-1399 sq ftas stated on the listing
Parking: 2 spacesYes garage
Basement: Unfinished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 2

Interior

Basement: Unfinished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Condo Townhouse

38 Elora Dr #47 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X13774564−$6,000 (1.2%)$489,000
Sep 11, 2026For saleListedThis listingMLS® X13774564$495,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 38 Elora Dr #47 Compares to the Hamilton Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 3,376 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Hamilton market, last 90 days

Median sold price: $675,000
Average sold price: $755,560
Average days on market: 41
Homes sold: 1,782

Closed sales on the TRREB MLS®.

Full Hamilton market report

Market pulse · Hamilton

Hamilton market

Median sold price$675,000Last 90 days
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,446Homes for sale here right now.
Median vs prior 90 days−2.9%Compared with May 10 – Aug 8, 2026: prices down.

Based on 1,782 sales from Aug 8 – Nov 6, 2026 (1,552 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Hamilton

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 47 — 38 Elora Drive 3 bd · 2 ba · 1,200 sqft	$489,000asking	$408	—	—
34 Greentrail Drive 2 bd · 2 ba · 1,600 sqft
25 Britten Close 3 bd · 1 ba · 1,000 sqft
151 Gateshead Crescent 3 bd · 1 ba · 1,000 sqft
213 Nash Road 2 bd · 2 ba · 1,600 sqft
104 Neil Avenue 3 bd · 1 ba · 1,000 sqft
400 Stonehenge Drive 3 bd · 3 ba · 1,600 sqft

34 Greentrail Drive
2 bd · 2 ba · 1,600 sqft
25 Britten Close
3 bd · 1 ba · 1,000 sqft
151 Gateshead Crescent
3 bd · 1 ba · 1,000 sqft
213 Nash Road
2 bd · 2 ba · 1,600 sqft
104 Neil Avenue
3 bd · 1 ba · 1,000 sqft
400 Stonehenge Drive
3 bd · 3 ba · 1,600 sqft

More in this building

1 for sale · 1 for rent at 38 Elora Dr — plus its sale and lease history.

See all of 38 Elora Dr

Living in Hamilton: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

From 38 Elora Dr #47. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 38 Elora Dr #47

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,402; 20% down · 25 years · 5.5% assumed
Property tax: $269; 0.66% mill rate · ON
Total per month: $2,671; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,402

/mo

based on the purchase price of $489,000

Down payment20%

$97,800 cash

Amortization25 yr

$391,200 financed

Rate5.50%

$329,493 total interest

Principal54%$391,200

Interest46%$329,493

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 38 Elora Dr #47 with a licensed buyer's agent

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Zara, any time

Zara · AI virtual agent

Ask about 38 Elora Dr #47 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.

A licensed local agent

Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.

Find an agent (905) 553-8500 (main line)

Questions About 38 Elora Dr #47

How much is 38 Elora Dr #47 listed for?

38 Elora Dr #47 is listed at $489,000 (MLS® X13774564). Summitly updates the price as soon as the MLS® record changes.

Is $489,000 a good price for 38 Elora Dr #47?

Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Hamilton. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 38 Elora Dr #47 changed?

Yes — it was first listed at $495,000 and is now $489,000, a drop of $6,000 (1.2%).

How many bedrooms and bathrooms does 38 Elora Dr #47 have?

38 Elora Dr #47 has 3 bedrooms and 2 bathrooms, with about 1,200–1,399 square feet of living space. It is a condo townhouse in Hamilton.

How much would the monthly mortgage be on 38 Elora Dr #47?

About $2,402 a month — principal and interest on $489,000 with 20% down ($97,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 38 Elora Dr #47 compare with other homes in Hamilton?

Its asking price of $489,000 is about 28% below the median sold price in Hamilton over the last 90 days, $675,000, across 1,782 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 38 Elora Dr #47 been sold before?

Summitly has no earlier MLS® sale or lease of 38 Elora Dr #47 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 38 Elora Dr #47?

38 Elora Dr #47 is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 38 Elora Dr #47 been on the market?

56 days — 38 Elora Dr #47 was listed on September 11, 2026.

What is the price per square foot of 38 Elora Dr #47?

About $350 to $408 per square foot: the asking price of $489,000 over the 1,200–1,399 sq ft the listing gives as its size range.

Does 38 Elora Dr #47 have parking or a garage?

Yes — the listing gives 2 parking spaces. Garage: Yes.

Does 38 Elora Dr #47 have a basement, and is it finished?

The listing describes the basement as: Unfinished.

What you should know

3 Bed, 2 Bath Condo Townhouse in Hamilton

Unit 47 at 38 Elora Drive

Inside 38 Elora Dr #47

Features & systems

38 Elora Dr #47 Price & Sale History

How 38 Elora Dr #47 Compares to the Hamilton Market

Hamilton market, last 90 days

Recently sold nearby in Hamilton

Living in Hamilton: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 38 Elora Dr #47

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Elora Drive? See what yours is worth

Zara, any time

A licensed local agent

See 38 Elora Dr #47, Hamilton in person

Similar homes for sale nearby in Hamilton

Explore More Condo Townhouses in Hamilton

3 Bed, 2 Bath Condo Townhouse in Hamilton

Unit 47 at 38 Elora Drive

Inside 38 Elora Dr #47

Features & systems

38 Elora Dr #47 Price & Sale History

How 38 Elora Dr #47 Compares to the Hamilton Market

Hamilton market, last 90 days

Market pulse · Hamilton

Recently sold nearby in Hamilton

More in this building

Living in Hamilton: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 38 Elora Dr #47

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Elora Drive? See what yours is worth

Zara, any time

A licensed local agent

See 38 Elora Dr #47, Hamilton in person

Questions About 38 Elora Dr #47

How much is 38 Elora Dr #47 listed for?

Is $489,000 a good price for 38 Elora Dr #47?

Has the price of 38 Elora Dr #47 changed?

How many bedrooms and bathrooms does 38 Elora Dr #47 have?

How much would the monthly mortgage be on 38 Elora Dr #47?

How does 38 Elora Dr #47 compare with other homes in Hamilton?

Has 38 Elora Dr #47 been sold before?

Where is 38 Elora Dr #47?

How long has 38 Elora Dr #47 been on the market?

What is the price per square foot of 38 Elora Dr #47?

Does 38 Elora Dr #47 have parking or a garage?

Does 38 Elora Dr #47 have a basement, and is it finished?

Similar homes for sale nearby in Hamilton

Explore More Condo Townhouses in Hamilton

Market pulse · Hamilton

More in this building

Questions About 38 Elora Dr #47

How much is 38 Elora Dr #47 listed for?

Is $489,000 a good price for 38 Elora Dr #47?

Has the price of 38 Elora Dr #47 changed?

How many bedrooms and bathrooms does 38 Elora Dr #47 have?

How much would the monthly mortgage be on 38 Elora Dr #47?

How does 38 Elora Dr #47 compare with other homes in Hamilton?

Has 38 Elora Dr #47 been sold before?

Where is 38 Elora Dr #47?

How long has 38 Elora Dr #47 been on the market?

What is the price per square foot of 38 Elora Dr #47?

Does 38 Elora Dr #47 have parking or a garage?

Does 38 Elora Dr #47 have a basement, and is it finished?