109 Balsam Avenue S Hamilton, Ontario L8M 3B2
$2,800,000
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 Hamilton’s most promising growth corridors. (id:49187)
Property Details
| MLS® Number | 40779094 |
| Property Type | Multi-family |
| Neigbourhood | Stipeley |
| Amenities Near By | Place Of Worship, Public Transit |
| Features | Laundry- Coin Operated |
Building
| Basement Type | None |
| Exterior Finish | Brick |
| Stories Total | 4 |
| Size Interior | 11724 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Place Of Worship, Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 46 Ft |
| Size Frontage | 90 Ft |
| Size Irregular | 0.094 |
| Size Total | 0.094 Ac|under 1/2 Acre |
| Size Total Text | 0.094 Ac|under 1/2 Acre |
| Zoning Description | De-2 |
https://www.realtor.ca/real-estate/28995486/109-balsam-avenue-s-hamilton
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October 16 2025 06:00:52
REALTORS® Association of Hamilton-Burlington
Exp Realty, RE/MAX Escarpment Golfi Realty Inc.