For Sale

109 Balsam Avenue, Hamilton, Ontario L8M 3B2

$0

109 Balsam Avenue, Hamilton, Ontario L8M 3B2 is For Sale and has a listing price of 2,800,000. The property is located in the Stipeley neighbourhood . It's been on the website for 2 Days.

  • Investment
    Property Type
  • MLS ID: X12465229
  • Office Name EXP REALTY
Property 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 Hamiltons most promising growth corridors.

Property Details
  • MLS ID: X12465229
  • Price: $2,800,000
  • Lot Depth: 45.66
  • Transaction Types: For Sale
  • Ref ID: X12465229
  • Year Built: N/A
  • Dir / Cross St: Main St E
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
10/16/2025 X12465229 $2,800,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Stipeley
  • $698,382 Average List Price
    based on 1 year
  • 33 New Listings
    based on 30 days
  • 75 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.9 % Up
  • Sold (12mo) 38
  • Rented (12mo) 23

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Water Radiators
  • Garage Type Y
  • Taxes: $35,187
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: flexible
  • Listing Entry Date: 16/10/2025 14:15:04
Want to see this property?