$989,900
Available - For Sale
Listing ID: X13417808
204 Balsam Avenue South , Hamilton, L8M 3B8, Hamilton
| An exceptional investment opportunity in Hamilton's St.Clair/Blakeley neighbourhood. This skillfully renovated century home offers over 2,100 sq ft of finished living space across three self-contained units, making it an ideal investment property OR an incredible multi-generational home for a large family. Configured as a legal duplex with an in-law suite, it delivers strong rental income potential OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down. Talk about affordable! This property features three well-appointed suites with modern finishes throughout, including updated kitchens with subway tile backsplashes, stainless steel appliances, and in-suite laundry in each unit. Durable luxury vinyl plank flooring runs throughout, ensuring low maintenance and long-term durability. The well-designed layout includes a 2-bedroom unit with a stone patio, a 1-bedroom unit with a private deck, and a spacious 3-bedroom unit spanning two levels with a separate laundry room.Separate hydro meters allow for efficient expense management and increased net returns. The property is currently tenanted by reliable, long-term occupants who are easy to manage and paying at or slightly above market rents, providing immediate, consistent income. Additional features include four-car parking with front and rear alley access, a fully fenced and hardscaped backyard, and strong curb appeal with a covered front porch. Ideally located near Gage Park, Ottawa Street amenities, transit, and key commuter routes, this turnkey property represents a solid addition to any real estate portfolio with both income stability and future growth potential. RSA. |
| Price | $989,900 |
| Taxes: | $5408.76 |
| Occupancy: | Tenant |
| Address: | 204 Balsam Avenue South , Hamilton, L8M 3B8, Hamilton |
| Directions/Cross Streets: | CUMBERLAND AVE |
| Rooms: | 11 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Finished, Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 21.32 | 12.92 | Combined w/Dining |
| Room 2 | Main | Primary B | 11.68 | 11.58 | |
| Room 3 | Main | Bathroom | 4 Pc Bath | ||
| Room 4 | Second | Kitchen | 12.33 | 11.32 | |
| Room 5 | Second | Living Ro | 18.83 | 9.68 | |
| Room 6 | Second | Primary B | 11.32 | 10.4 | |
| Room 7 | Second | Laundry | 6 | 5.74 | |
| Room 8 | Second | Bathroom | 4 Pc Bath | ||
| Room 9 | Third | Bedroom 2 | 16.24 | 11.41 | |
| Room 10 | Third | Bedroom 3 | 17.91 | 10.07 | |
| Room 11 | Basement | Kitchen | 19.25 | 12.66 | Combined w/Living |
| Room 12 | Basement | Bathroom | 4 Pc Bath, Combined w/Laundry | ||
| Room 13 | Basement | Primary B | 13.09 | 8.92 | |
| Room 14 | Basement | Bedroom 2 | 11.58 | 9.58 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 2 1/2 Storey |
| Exterior: | Aluminum Siding, Brick |
| Garage Type: | None |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Front Yard |
| Park #2 | |
| Parking Type: | Front Yard |
| Park #3 | |
| Parking Type: | Private Tr |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Hospital, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ESCARPMENT REALTY INC. |
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|
Po Paul Chen
Broker
Dir:
647-283-2020
Bus:
905-475-4750
Fax:
905-475-4770
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Blakeley |
| Style: | 2 1/2 Storey |
| Tax: | $5,408.76 |
| Beds: | 6 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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