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55 BALSAM AVENUE S, Hamilton, Ontario, L8M 3A9

MLS® # X12380922
Investment For Sale In Stipeley, Hamilton, Ontario
$1,699,900
55 Balsam Avenue S, Hamilton, ON - Outdoor
55 Balsam Avenue S, Hamilton, ON - Outdoor
55 Balsam Avenue S, Hamilton, ON - Outdoor With Exterior
55 Balsam Avenue S, Hamilton, ON - Outdoor With Facade
55 Balsam Avenue S, Hamilton, ON - Outdoor With Exterior
55 Balsam Avenue S, Hamilton, ON - Outdoor
main entrance - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
unit 5 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Living Room
unit 5 family - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Living Room With Fireplace
unit 5 dining - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Dining Room
unit 5 dining - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Dining Room
55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Kitchen
55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bedroom
55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bathroom
unit 6 entrance - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
unit 6 dining - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 6 living - 55 Balsam Avenue S, Hamilton, ON - Indoor With Fireplace
unit 6 dining/living - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
unit 6 kitchen - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Kitchen
unit 6 kitchen - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 6 bedroom 1 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
unit 6 bedroom 2 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
unit 6 kitchen - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bathroom
55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
unit 3 main entrance - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Living Room
unit 3 dining - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 3 living - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Living Room With Fireplace
unit 3 living - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Living Room With Fireplace
unit 3 kitchen - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Kitchen
unit 4 family - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Living Room
unit 4 family/dining - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 4 family/ dining - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Office
unit 4 family/dining - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
bedroom for unit 4 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Office
2nd bedroom for unit 4 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bedroom
unit 1 - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 1 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Living Room
unit 1 - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 1 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bedroom
unit 1 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bedroom
55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bathroom
unit 1 kitchen - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Kitchen With Double Sink
unit 7 bachelor - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 7 bachelor - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 7 bachelor - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bedroom
unit 7 bachelor bathroom - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bathroom
55 Balsam Avenue S, Hamilton, ON - Outdoor
separate detached garage - 55 Balsam Avenue S, Hamilton, ON - Outdoor With Exterior
55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
mechanical room - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Basement
55 Balsam Avenue S, Hamilton, ON - Outdoor
55 Balsam Avenue S, Hamilton, ON - Outdoor
55 Balsam Avenue S, Hamilton, ON - Outdoor With Exterior
55 Balsam Avenue S, Hamilton, ON - Outdoor With Facade
55 Balsam Avenue S, Hamilton, ON - Outdoor With Exterior
55 Balsam Avenue S, Hamilton, ON - Outdoor
main entrance - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
unit 5 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Living Room
unit 5 family - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Living Room With Fireplace
unit 5 dining - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Dining Room
unit 5 dining - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Dining Room
55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Kitchen
55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bedroom
55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bathroom
unit 6 entrance - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
unit 6 dining - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 6 living - 55 Balsam Avenue S, Hamilton, ON - Indoor With Fireplace
unit 6 dining/living - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
unit 6 kitchen - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Kitchen
unit 6 kitchen - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 6 bedroom 1 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
unit 6 bedroom 2 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
unit 6 kitchen - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bathroom
55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
unit 3 main entrance - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Living Room
unit 3 dining - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 3 living - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Living Room With Fireplace
unit 3 living - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Living Room With Fireplace
unit 3 kitchen - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Kitchen
unit 4 family - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Living Room
unit 4 family/dining - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 4 family/ dining - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Office
unit 4 family/dining - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
bedroom for unit 4 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Office
2nd bedroom for unit 4 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bedroom
unit 1 - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 1 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Living Room
unit 1 - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 1 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bedroom
unit 1 - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bedroom
55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bathroom
unit 1 kitchen - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Kitchen With Double Sink
unit 7 bachelor - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 7 bachelor - 55 Balsam Avenue S, Hamilton, ON - Indoor
unit 7 bachelor - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bedroom
unit 7 bachelor bathroom - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Bathroom
55 Balsam Avenue S, Hamilton, ON - Outdoor
separate detached garage - 55 Balsam Avenue S, Hamilton, ON - Outdoor With Exterior
55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Other Room
mechanical room - 55 Balsam Avenue S, Hamilton, ON - Indoor Photo Showing Basement
  • Advertising

MULTIMEDIA

55 BALSAM AVENUE S, Hamilton, Ontario, L8M 3A9
$1,699,900

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Amenities: Separate Hydro Meters
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Floor Space: 3000 - 3500 sqft
  • Flooring Type: Hardwood, Tile
  • Foundation Type: Unknown
  • Cooling Type: Window air conditioner
  • Appliances: Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Features:
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 91.5 Feet
  • Lot Frontage: 63.1 Feet
  • Lot Size: 63.1 x 91.5 FT
  • Utility Type: Sewer - Installed, Hydro - Installed
  • Zoning: c
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 5

Rooms:

  • Family Main Level 4.08 m x 3.63 m
  • Dining Main Level 3.02 m x 5.23 m
  • Bedroom Main Level 2.61 m x 2.71 m
  • 2nd Bedroom Main Level 2.61 m x 2.79 m
  • Bathroom Main Level 1.60 m x 1.80 m
  • Kitchen Main Level 3.38 m x 2.49 m

Convert Measurement to:

Courtesy of: RED HOUSE REALTY

REALTOR.ca  

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Location of 55 BALSAM AVENUE S, Hamilton, Ontario, L8M 3A9

Demographic Information of 55 BALSAM AVENUE S, Hamilton, Ontario, L8M 3A9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$91,403.38

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.9 %

High school certificate or equivalent

29.51 %

Apprenticeship trade certificate/diploma

6.01 %

College/non-university certificate

24.76 %

University certificate (below bachelor)

0.89 %

University Degree

18.94 %

Commuter

Travel To Work

By Car

74.46 %

By Public Transit

13.23 %

By Walking

7.41 %

By Bicycle

0.01 %

By Other Methods

4.89 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.24 %

Houses

59.76 %

Own Vs. Rent

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