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Home ON Greater Hamilton Hamilton Old Hamilton Stipeley
109 BALSAM AVENUE S
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109 BALSAM AVENUE S $2,800,000
$2,800,000
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109 BALSAM AVENUE S
Hamilton (Stipley), Ontario L8M3B2

MLS® Number: X12465229

Listing Description

Outstanding opportunity to acquire a 16-unit, 4-storey brick apartment building in a prime Hamilton location near Gage Park and the future LRT line. All suites are self-contained and separately hydro-metered. The property features a strong mix of mostly renovated units achieving near-market rents, with further upside potential through ongoing turnover. The building has benefited from substantial capital expenditures over the past decade, ensuring a well-maintained and efficient asset. Ideally suited for investors seeking a solid addition to their portfolio in one of Hamiltons most promising growth corridors. (41461348)

Location Description

Cross Streets: Main St E. ** Directions: Main St E - Balsam Ave S.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Stipley
Land Size
0.094 ac
Annual Property Taxes
$35,186.88
Time on REALTOR.ca
60 days

Building

Interior Features
Appliances Included
Dryer, Water Heater, Two Washers
Building Features
Rental Equipment
Water Heater
Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Radiator
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Public Transit

Measurements

Square Footage
11724 sqft

Land

Lot Features
Frontage
90 ft
Land Depth
45 ft ,7 in
Other Property Information
Zoning Description
DE-2
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