ON > Hamilton > Stipley
Hamilton, ON L8M 3B2,109 Balsam AVE S
Hamilton, ON L8M 3B2,109 Balsam AVE S
Hamilton, ON L8M 3B2,109 Balsam AVE S
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$2,800,000
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109 Balsam AVE S Hamilton, ON L8M 3B2

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision Stipley

MLS Listing ID X12465229

Annual Tax Amount $35,186

Tax Year 2024

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Hamilton

Community Stipley

Area Hamilton

Interior

Cooling Partial

Exterior

Community Features Public Transit

Utilities Available Yes

Lot Frontage 90.0

Lot Depth 45.66

Others

ParcelsYN No

Listed by EXP REALTY
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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109 Balsam AVE S

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