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$989,900

6 Beds 3 Baths 1,645 SQFT 0.00 Acres
Type: Single Family

204 Balsam Avenue S
Hamilton, ON L8M 3B8

MLS#: 40868762
Imran Khan
Imran Khan
Condo Digs
Broker of Record, Re/Max Downtown Condos Team
Phone: 416.670.6588
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.


 

Interior Features

Bedrooms

Main Level Bedrooms1
Total Bedrooms6

Bathrooms

Half Baths0
Main Level Bathrooms1
Total Baths3

Kitchen

Kitchen LevelBasement, Main, Second

Other Interior Features

Above Grade Finished Area1,645 sqft
Above Grade Finished Area Source0 sqft
Above Grade Finished Area Unit Type0 sqft
Air Conditioning Y/NNo
BasementSeparate Entrance, Full, Finished
Below Grade Finished Area526 sqft
Below Grade Finished Area Source0 sqft
Below Grade Finished Area Unit Type0 sqft
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesIn-Law Floorplan, Separate Hydro Meters
Laundry FeaturesIn-Suite
Window FeaturesWindow Coverings

General

Architectural StyleVictorian
Building Area Units0 sqft
CityHamilton
Construction MaterialsAluminum Siding, Brick, Stucco
CoolingCentral Air
CountyHamilton
DirectionsWEST ONTO CUMBERLAND AVE FROM GAGE AVE S, NORTH ONTO BALSAM AVE S
Elementary SchoolAdelaide Hoodless, Notre-Dame, Memorial, Queen Mary
Full Baths3
Garage Y/NNo
HeatingForced Air, Natural Gas
High SchoolBernie Custis, Churchill, Cathedral
Living Area1,645 sqft
MLS Area22 - Hamilton Centre
MLS Area Minor220 - St. Clair/Blakeley
New ConstructionNo
Open Parking Spaces4
Patio/Porch FeaturesDeck, Porch
Property Attached Y/NNo
Property SubtypeSingle Family Residence
Property TypeResidential
RoofAsphalt Shing
Senior Community Y/NNo
SewerSewer (Municipal)
Standard StatusActive
StatusActive
Stories Count2
Total Rooms15
ZoningD

Exterior

Building Area Total2,171 sqft
Crops Included Y/NNo
Exterior AmenitiesPrivate Entrance, Separate Hydro Meters
Frontage Length28 sqft
Frontage TypeEast
InclusionsWindow Coverings
Lot Dimensions28 x 95
Lot FeaturesUrban, Paved, Hospital, Park, Place of Worship, Public Transit, Schools
Number of Buildings0
Total Parking4
Water SourceMunicipal
Waterfront Y/NNo

Additional Details

Schools 

High School Bernie Custis High School

  

Similar Properties

$989,900

6 Beds 3 Baths 1,645 SQFT 0.00 Acres
Type: Single Family

204 Balsam Avenue S
Hamilton, ON L8M 3B8

MLS#: 40868762
Imran Khan
Imran Khan
Condo Digs
Broker of Record, Re/Max Downtown Condos Team
Phone: 416.670.6588
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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