368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com
55 Balsam Avenue S, Hamilton, ON L8M 3A9
$1,549,990
  • Sale
  • Multiplex
  • 18 hours ago
  • Updated: 2026-02-10
  • Upto $15,499.90 Cashback

Overview

  • Multiplex
  • 13
  • 7
  • 5
  • 3000-3500
  • 51-99

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.

Details

  • X12774266
  • 5
  • $1,549,990
  • N/A N/A
  • 3000-3500 Sqft
  • 51-99
  • 13
  • 7
  • Multiplex
  • None
  • 7 + 7
  • 3-Storey
  • Sale

Additional details

  • N
  • N/A
  • N
  • Apartment,Separate Entrance
  • 1
  • Window Unit(s)
  • Municipal

Rooms

Family RoomMain Level3.63 x 4.08
Dining RoomMain Level5.23 x 3.02
BedroomMain Level2.71 x 2.61
Bedroom 2Main Level2.79 x 2.61
BathroomMain Level1.8 x 1.6
KitchenMain Level2.49 x 3.38

Schools Nearby

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FAQ

  • What is the total square footage of the X12774266 - 55 Balsam Avenue S, Hamilton, ON L8M 3A9?

    The total square footage of this property is 3000-3500 SqFt.

  • What schools near to X12774266 - 55 Balsam Avenue S, Hamilton, ON L8M 3A9?

    .

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