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.
Features of 109 Balsam Avenue S
| MLS® # | 40779094 |
|---|---|
| Price | $2,800,000 |
| Bathrooms | 0.00 |
| Square Footage | 11,724 |
| Acres | 0.09 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 109 Balsam Avenue S |
|---|---|
| Area | 20 - Hamilton Centre |
| Subdivision | 202 - Gibson/Stipley South |
| City | Hamilton |
| County | Hamilton |
| Province | ON |
| Postal Code | L8M 3B2 |
Amenities
| # of Garages | 0.00 |
|---|---|
| Is Waterfront | No |
Interior
| Interior Features | Separate Hydro Meters |
|---|---|
| Heating | Radiator |
| Cooling | Other |
| Fireplace | No |
| Has Basement | Yes |
| Basement | None |
Exterior
| Exterior Features | Separate Hydro Meters |
|---|---|
| Lot Description | Rectangular, Place of Worship, Public Transit |
| Roof | Asphalt |
| Construction | Brick |
Additional Information
| Date Last Updated | October 16th, 2025 |
|---|---|
| Zoning | DE-2 |
Listing Details
| Office | eXp Realty |
|---|