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109 Balsam Avenue S Hamilton, Ontario L8M 3B2

11724 sqft

$2,800,000

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:41954)

Property Details

MLS® Number 40779094
Property Type Multi-family
Amenities Near By Place Of Worship, Public Transit
Features Laundry- Coin Operated

Building

Basement Type None
Exterior Finish Brick
Stories Total 4
Size Interior 11724 Sqft
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Place Of Worship, Public Transit
Sewer Municipal Sewage System
Size Depth 46 Ft
Size Frontage 90 Ft
Size Irregular 0.094
Size Total 0.094 Ac|under 1/2 Acre
Size Total Text 0.094 Ac|under 1/2 Acre
Zoning Description De-2

https://www.realtor.ca/real-estate/28995486/109-balsam-avenue-s-hamilton

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