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$ 2,800,000
Est. payment /mo
Active
109 BALSAM Avenue S Hamilton, ON L8M3B2
11,724 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 11,724 sqft
Price per Sqft $238
Subdivision 202 - Gibson/Stipley South
MLS® Listing ID 40779094
Lot Size 4,094 Sqft
Acres 0.094
Property Sub-Type Freehold
Source Cornerstone Association of REALTORS®
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 Hamilton's most promising growth corridors. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 4
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://www.veed.io/view/acef613c-d32f-47f3-8c6f-c1eb75d67b71?panel=share
Listed by eXp Realty