Overview
- Updated On:
- October 17, 2025
- 11,724 ft2
Description
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.
Address: 109 Balsam Avenue S, Hamilton ON L8M 3B2
City: Hamilton
State/County: Hamilton
Zip: L8M 3B2
Country: CA
Open In Google Maps Property Id : 3316692
Price: $ 2,800,000
Property Size: 11,724 ft2
Property Lot Size: 0 ft2
Other Features
Has Heating System
Separate Hydro Meters
$ 10,856.15
per month- Principal and Interest
- Property Tax
- HOA fee
$ 10,856.15
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