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$ 989,900
Est. payment /mo
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204 Balsam AVE S Hamilton, ON L8M 3B8
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Blakeley
MLS Listing ID X13417808
Style 2 1/2 Storey
Bedrooms 6
Annual Tax Amount $5,408
Tax Year 2026
Property Sub-Type Detached
Property Description
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 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 OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down. 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. RSA.
Location
State ON
County Hamilton
Area Hamilton
Rooms
Basement Finished, Full, Separate Entrance
Kitchen 3
Interior
Interior Features Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter
Cooling Central Air
Inclusions Built-in Microwave (3), Dishwasher (3), Dryer (3), Refrigerator (3), Stove (3), Washer (3), WindowCoverings
Exterior
Exterior Feature Paved Yard, Porch
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Foundation Concrete Block
Lited by RE/MAX ESCARPMENT REALTY INC.