For Sale: 100 Balsam Avenue S, Hamilton, ON - REW
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$799,999
5 bd • 4 ba • 2257 sf • Multifamily

100 Balsam Avenue SHamilton, ON, L8M 3B3

Stipley
  • 5 Bed
  • 4 Bath
  • 2257 Sqft
  • Multifamily

About this home

Rare Income & Multi-Generational Opportunity - Legal Triplex + Additional Basement Unit! Whether you're an investor looking to expand your portfolio, a buyer looking to offset your mortgage with rental income, or a family seeking flexible living arrangements, this unique property offers a legal triplex with an additional basement unit, providing an exceptional combination of income potential and versatility.Fully vacant and ready for its next owner, the property gives you the flexibility to establish your own tenant mix and maximize rental income from day one. Significant updates have already been completed, including updated electrical wiring (2026), most windows replaced (2026), and a brand-new garage door (2026), offering peace of mind and added value for the next owner.The property also features coin-operated laundry, creating an additional income stream, while the detached garage provides even more opportunity. Use it for parking or storage, rent it out for additional income, or explore the potential to convert it into an ADU, subject to applicable approvals. For the owner-occupier, the possibilities are just as appealing. Live in one unit while renting out the others to help offset your mortgage, use additional space for parents or in-laws, or create a comfortable multi-generational living arrangement with separate spaces for family members. With the property fully vacant, you have the flexibility to configure the property around your specific needs. For investors, the combination of a legal triplex, additional basement unit, vacancy, coin-operated laundry, detached garage, and recent upgrades creates multiple opportunities to generate income and add value over time. Live in one. Rent the others. House the family. Or maximize the income - the choice is yours. (id:63626)
Listed by: Shay Flood, Salesperson, RE/MAX Escarpment Realty Inc.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$5,388
Home facts
Bedrooms
5
Full Bathrooms
4
Parking Spaces
5
Parking Details
Detached Garage
Property Type
Multifamily
Depth
Frontage
45.0 feet
Year Built
Built in 1920 (106 yrs old)
Title
Freehold
Exterior Finish
Brick
Heating Type
Radiant heat
Basement Details
Finished, Full
Features
Laundry- Coin operated, Paved driveway
Amenities
Accessible Bedroom
Community
Agent details
Primary Agent
Shay Flood
Primary Broker
RE/MAX Escarpment Realty Inc.
Listing details
Days on REW
1 Day
MLS® Number
40867844
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Living Hope Christian School
  • Private
  • 9 - 12
Adelaide Hoodless Public School
  • Public
  • JK - 8
ÉÉC Notre-Dame
  • Catholic
  • JK - 8
Prince of Wales Elementary Public School
  • Public
  • JK - 8
Holy Name of Jesus Catholic School
  • Catholic
  • JK - 8
Holy Name of Jesus Catholic Elementary School
  • Catholic
  • JK - 8
Memorial (City) School
  • Public
  • JK - 8
St. Ann (Hamilton) Catholic Elementary School
  • Catholic
  • JK - 8
St. John the Baptist Catholic Elementary School
  • Catholic
  • JK - 8
Queen Mary Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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