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Home ON Greater Hamilton Hamilton Old Hamilton Stipeley
107-109 BALSAM AVENUE S
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107-109 BALSAM AVENUE S $2,899,000
5 hours ago
$2,899,000
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107-109 BALSAM AVENUE S
Hamilton (Central), Ontario L8M3B2

MLS® Number: X10408730

Listing Description

5.6% cap rate with upside on all rents. Stunning 16 unit apartment building. 10 x 1 Bedroom, 6 x 2 Bedroom. Room to grow your income with this value add opportunity. Hydro separately metered. Plumbing upgraded to copper except for 2 units. Close to public transportation. Property being offered at roughly $181k/door. Data room and full financials available. Two Vacant Units. (38028468)

Location Description

Main St E/Balsam Ave S

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Central
Land Size
Bldg=90 x 45.66 FT
Annual Property Taxes
$35,187
Time on REALTOR.ca
5 hours

Building

Interior Features
Appliances Included
Dryer, Refrigerator, Stove, Two Washers
Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Hot water radiator heat
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Land

Lot Features
Frontage
90 ft
Land Depth
45 ft ,7 in
Other Property Information
Zoning Description
DE-2
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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