109 Balsam Avenue S, Hamilton, Ontario

$2,800,000

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11,724

Square feet

0.09

Acres

About 109 Balsam Avenue S

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 Hamilton’s most promising growth corridors. (id:6289)

Features of 109 Balsam Avenue S

Listing # 40779094
Price $2,800,000
Bathrooms 0.00
Square Footage 11,724
Acres 0.09
Type Multi-family
Sub-Type Freehold

Community Information

Address 109 Balsam Avenue S
Subdivision 202 - Gibson/Stipley South
City Hamilton
Province Ontario
Postal Code L8M3B2

Amenities

Amenities Place of Worship, Public Transit
Features Laundry- Coin operated
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 4
Has Basement No

Exterior

Exterior Brick

Listing Details

OfficeeXp Realty

Listing Map

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