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$989,900

6 Beds 3 Baths 2,171 SQFT 0.00 Acres
Type: Single Family

204 BALSAM Avenue S
Hamilton, ON L8M3B8

MLS#: 40868762
Jai Bahl
Jai Bahl
Condo Digs
Sales Representative
Phone: 416.836.7575
Office: 647.259.8806
Presented by: RE/MAX Escarpment Realty Inc.

Property Description

 

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. Call or message today for the proforma and more details! RSA. (id:7434)


 

Interior Features

Bedrooms

Bedrooms4+2

Other Interior Features

Basement DevelopmentFinished
Basement TypeFull (Finished)
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air
Construction Style AttachmentDetached
Living Area Range2,171 sqft

General

AmenitiesHospital, Park, Place of Worship, Public Transit, Schools
Building AppliancesWindow Coverings
Building Architectural StyleOther
Building Cooling TypeCentral air conditioning
Building TypeHouse
Building.StoriesTotal2.5
FeaturesIn-Law Suite
Location DescriptionWEST ONTO CUMBERLAND AVE FROM GAGE AVE S, NORTH ONTO BALSAM AVE S
Ownership TypeFreehold
Parking Space Total4
Property TypeSingle Family
Zoning DescriptionD

Exterior

Exterior FinishAluminum siding, Brick, Stucco
Land AmenitiesHospital, Park, Place of Worship, Public Transit, Schools
SewerMunicipal sewage system
StructurePorch

Additional Details

  

Similar Properties

$989,900

6 Beds 3 Baths 2,171 SQFT 0.00 Acres
Type: Single Family

204 BALSAM Avenue S
Hamilton, ON L8M3B8

MLS#: 40868762
Jai Bahl
Jai Bahl
Condo Digs
Sales Representative
Phone: 416.836.7575
Office: 647.259.8806
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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