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 Hamiltons most promising growth corridors. (id:61852)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X12465229 |
| Property Type | Multi-family |
| Neigbourhood | Stipeley |
| Community Name | Stipley |
| AmenitiesNearBy | Public Transit |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
Building
| Appliances | Dryer, Water Heater, Two Washers |
| CoolingType | Partially Air Conditioned |
| HeatingType | Hot Water Radiator Heat |
| SizeInterior | 11724 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 45 Ft ,7 In |
| SizeFrontage | 90 Ft |
| SizeIrregular | 0.094 |
| SizeTotal | 0.094 Ac |
| SizeTotalText | 0.094 Ac |
| ZoningDescription | De-2 |
https://www.realtor.ca/real-estate/28996119/109-balsam-avenue-s-hamilton-stipley-stipley
Interested?
Contact us for more information
Haven Vincett
Salesperson
21 King St W Unit A 5/fl
Hamilton, Ontario L8P 4W7
Adrian Arthur James Pannozzo
Salesperson
21 King St W Unit A 5/fl
Hamilton, Ontario L8P 4W7
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October 16 2025 07:40:41
Toronto Real Estate Board
Exp Realty