ON
Hamilton (Stipley)
L8M3A9
55 Balsam S Avenue
55 Balsam S Avenue, Hamilton (Stipley), ON L8M3A9
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Listing Type
Multi Family
Listing Status
active
50
$1,699,900

Home Details for 55 Balsam S Avenue

Price
$1,699,900
Type
Residential Income
Bedrooms
13
Bathrooms
7.0
Square feet
NaN
Parking
Detached
Days on site
69
Listing #
X12380922
Property Description

A rare opportunity to own a solid purpose-built 6 plex with a bonus non-conforming bachelor unit, delivering seven income streams under one roof. Situated in Hamilton's rapidly growing east end, this property offers reliable returns and long-term upside. Featuring six spacious 2 bedroom units that attract a wide tenant base, along with great long term tenants already in place, investors can step into stable cash flow from day one. Just steps to the future LRT line, the building benefits from excellent visibility, walkability, and ongoing rental demand. Recent upgrades include a new water line connection (2025) and a new boiler (2025) New Windows (2023 in the upper units) 6 Separate newer Hot Water Tanks (3 purchased in 2025). A detached garage provides extra storage or potential for future development leaving room for additional value. This is a turnkey, income-generating asset in one of Hamilton's fastest growing corridors. (id:31684)

Property Features
  • Heating Information
    • Hot Water
    • Radiant
    • Natural Gas
  • Cooling Information
    • Window Unit(s)
  • Parking
    • Detached
Listing Courtesy: RED HOUSE REALTY
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EXIT INTEGRITY REALTY, BROKERAGE
240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
Kate Hoekstra
License #: 5012081
Franchisee
Office
647 618 3158
Agent
647 618 3158
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