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Listed price in listed location currency (CAD).
$1,549,990

1373

MLS® X12774266

Overview

Key Facts

Type Multi Family
Levels Residential
Size -
Garage Yes
Taxes $7,123
Days Active 25
Lot Size 
Approx. Age 
MLS® Number X12774266

Property Address: 55 Balsam Ave S, Hamilton, ON, L8M3A9

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberX12774266
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementApartment, Separate Entrance
DrivewayGarage Type:Detached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 2:Main Floor9.16 × 8.57 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 10, 2026List Date
$1,549,990List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

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