55 Balsam Ave S, Hamilton, Ontario

Multi-Family for Sale in Hamilton

55 Balsam Ave S, Hamilton, ON

  • CA$1,549,990
  • 13 BEDS
  • 7 BATHS
  • 5,775.83 sq.ft. Land
  • CA$1,549,990

Multi-Family for Sale in Hamilton

55 Balsam Ave S, Hamilton, ON

  • CA$1,549,990
  • 13 BEDS
  • 7 BATHS
  • 5,775.83 sq.ft. Land
  • CA$1,549,990

Key Facts

  • MLS® #: X12774266
  • Property ID: SIRC3102768
  • Property Type: Residential, Multiplex
  • Lot Size: 5,775.83 sq.ft.
  • Year Built: 51
  • Bedrooms: 13
  • Bathrooms: 7
  • Additional Rooms: Den
  • Parking Spaces: 5
  • Listed By:
  • RED HOUSE REALTY

Property Description

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.

Rooms

  • TypeLevelDimensionsFlooring
  • Family roomMain11' 10.9" x 13' 4.6"Other
  • Dining roomMain17' 1.9" x 9' 10.8"Other
  • BedroomMain8' 10.6" x 8' 6.7"Other
  • BedroomMain9' 1.8" x 8' 6.7"Other
  • BathroomMain5' 10.8" x 5' 2.9"Other
  • KitchenMain8' 2" x 11' 10.7"Other

Listing Agents

RED HOUSE REALTY

Request More Information

*Showing requires confirmation from agent.

Request More Information

*Showing requires confirmation from agent.

Location

55 Balsam Ave S, Hamilton, Ontario, L8M 3A9 Canada

Around this property

Information about the area within a 5-minute walk of this property.

Request Neighbourhood Information

Learn more about the neighbourhood and amenities around this home

Request Now

Payment Calculator

mo.* estimated monthly payment based on:
  • $
  • %$
  • %
  • Principal and Interest 0
  • Property Taxes 0
  • Strata / Condo Fees 0
* This payment calculator’s purpose is to provide a rough estimate for planning and educational purposes only. It should not be used as your sole source of information for financial planning purposes. This tool does not offer a loan nor does it solicit your information, it is also not financial or legal advice. Please contact a qualified professional for your financial advice. No responsibility or liability whatsoever can be accepted by Sotheby’s International Realty Canada or Sotheby’s International Realty Affiliates for any loss or damage resultant from any use of, reliance on or reference to the contents of this payment calculator.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.
Home/Ontario/Hamilton/MLS® X12774266