109 Balsam Avenue S Hamilton, Ontario L8M 3B2

11,724 ft2
Partially Air Conditioned Radiator

$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:50886)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X12465229
Property Type Multi-family
Community Name Stipley
Amenities Near By Public Transit
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Appliances Dryer, Water Heater, Two Washers
Cooling Type Partially Air Conditioned
Heating Type Radiator
Size Interior 11,724 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Depth 45 Ft ,7 In
Size Frontage 90 Ft
Size Irregular 0.094
Size Total 0.094 Ac
Size Total Text 0.094 Ac
Zoning Description De-2

https://www.realtor.ca/real-estate/28996119/109-balsam-avenue-s-hamilton-stipley-stipley

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Haven Vincett
Salesperson

(866) 530-7737

Exp Realty
21 King St W Unit A 5/fl
Hamilton, Ontario L8P 4W7

(866) 530-7737
(647) 849-3180

Adrian Arthur James Pannozzo
Salesperson

(866) 530-7737

Exp Realty
21 King St W Unit A 5/fl
Hamilton, Ontario L8P 4W7

(866) 530-7737
(647) 849-3180

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