49
  • X12380922
  • MLS® Number
  • Property Type
  • Multiplex, Residential
  • Acres
  • Land Area
  • 13
  • Bedrooms
  • 7
  • Bathrooms
  • Sqft
  • Area Size

55 Balsam S Avenue, Hamilton, ON L8M 3A9

  • $1,699,900
  • $16,999,000

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.

Details

MLS® Number X12380922
13 Bedrooms
7 Bathrooms
Updated on September 21, 2025 at 4:35 pm

Additional details

  • Roof: Metal
  • Sewer: Sewer
  • Cooling: Window Unit(s)
  • County: Hamilton
  • Property Type: Residential
  • Pool: None
  • Parking: Available,Private Double,Front Yard Parking
  • Architectural Style: 3-Storey

Address

  • Address: 55 Balsam S Avenue
  • City: Hamilton
  • State/county: ON
  • Zip/Postal Code: L8M 3A9

Contact Information

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