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 Room
Main Level
3.63 x 4.08
Dining Room
Main Level
5.23 x 3.02
Bedroom
Main Level
2.71 x 2.61
Bedroom 2
Main Level
2.79 x 2.61
Bathroom
Main Level
1.8 x 1.6
Kitchen
Main Level
2.49 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?