204 BALSAM AVENUE SOUTH

Hamilton, , L8M3B8, Canada

$1,049,900

An exceptional investment opportunity in Hamilton’s St.Clair/Blakeley neighbourhood. This skillfully renovated century home offers over 2,100 sq ft of finished living space across three self-contained units, making it an ideal investment property generating $5,644 per month OR an incredible multi-generational home for a large family. Configured as a legal duplex with an in-law suite, it delivers strong rental income potential with an estimated net cashflow of $741.25* per month OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down to an estimated $808* PER MONTH! Talk about affordable! This property features three well-appointed suites with modern finishes throughout, including updated kitchens with subway tile backsplashes, stainless steel appliances, and in-suite laundry in each unit. Durable luxury vinyl plank flooring runs throughout, ensuring low maintenance and long-term durability. The well-designed layout includes a 2-bedroom unit with a stone patio, a 1-bedroom unit with a private deck, and a spacious 3-bedroom unit spanning two levels with a separate laundry room.Separate hydro meters allow for efficient expense management and increased net returns. The property is currently tenanted by reliable, long-term occupants who are easy to manage and paying at or slightly above market rents, providing immediate, consistent income. Additional features include four-car parking with front and rear alley access, a fully fenced and hardscaped backyard, and strong curb appeal with a covered front porch. Ideally located near Gage Park, Ottawa Street amenities, transit, and key commuter routes, this turnkey property represents a solid addition to any real estate portfolio with both income stability and future growth potential. Call or message today for the proforma and more details! RSA.

EXTRAS: Window Coverings, Microwave Built-in

Last updated on : Friday 17th of April 2026 10:11:02 PM

ADDRESS

Street : 204 BALSAM AVENUE SOUTH

City : Hamilton

Country : Canada

Postal Code : L8M3B8

Open in Google Map

PROPERTY SUMMARY

Property ID : 40816324

Building Type : Duplex

Property Type : Multi-family

Bedrooms : 6

Bathrooms : 3

Parking : 4

Similar Properties

Multi-family

68 VANSITMART AVENUE

Hamilton, Ontario, L8H3A5

$1,098,000

Beds: 6Baths: 5

property Type: Triplex

type: Sale

Sergio Mauricio
6 days ago

DETAILS

Multi-family

121 DUBLIN STREET NORTH NORTH

Guelph (Downtown), Ontario, N1H4N5

$849,900

Beds: 6Baths: 5

property Type: Triplex

type: Sale

JACKIE CURTIS
2 days ago

DETAILS

Multi-family

56 & 58 DELAWANA DRIVE

Hamilton (Riverdale), Ontario, L8E1G4

$679,900

Beds: 6Baths: 2

property Type: Duplex

type: Sale

Guhan Subburaj
2 months ago

DETAILS

Multi-family

56 DELAWANA DRIVE

Hamilton, Ontario, L8E1G4

$679,900

Beds: 6Baths: 2

property Type: Duplex

type: Sale

Melissa Lawler
1 month ago

DETAILS

Multi-family

39 DONALD STREET

Barrie (Queen's Park), Ontario, L4N1E4

$760,000

Beds: 6Baths: 3

property Type: Triplex

type: Sale

ANNE LIN
2 days ago

DETAILS

Inquire about this property