100 Balsam Avenue S, Hamilton
Rare Income & Multi-Generational Opportunity - Legal Triplex + Additional Basement Unit! Whether you're an investor looking to expand your portfolio, a buyer looking to offset your mortgage with rental income, or a family seeking flexible living arrangements, this unique property offers a legal triplex with an additional basement unit, providing an exceptional combination of income potential and versatility.Fully vacant and ready for its next owner, the property gives you the flexibility to establish your own tenant mix and maximize rental income from day one. Significant updates have already been completed, including updated electrical wiring (2026), most windows replaced (2026), and a brand-new garage door (2026), offering peace of mind and added value for the next owner.The property also features coin-operated laundry, creating an additional income stream, while the detached garage provides even more opportunity. Use it for parking or storage, rent it out for additional income, or explore the potential to convert it into an ADU, subject to applicable approvals. For the owner-occupier, the possibilities are just as appealing. Live in one unit while renting out the others to help offset your mortgage, use additional space for parents or in-laws, or create a comfortable multi-generational living arrangement with separate spaces for family members. With the property fully vacant, you have the flexibility to configure the property around your specific needs. For investors, the combination of a legal triplex, additional basement unit, vacancy, coin-operated laundry, detached garage, and recent upgrades creates multiple opportunities to generate income and add value over time. Live in one. Rent the others. House the family. Or maximize the income - the choice is yours. (id:1945)
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Property details for 100 Balsam Avenue S, Hamilton
- Type
- Multi-family
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 2,257 square feet
- Stories
- 2.5
- Basement
- Finished, Full
- Parking
- Detached Garage
- Heating
- Radiant heat
- Cooling
- None
- Exterior
- Brick
- Ownership
- Freehold
- Annual Taxes
- $5,388
Nearby Listings Stat
Estimated price and comparable properties near 100 Balsam Avenue S
Active Listings
19
Min Price
$679,900
Max Price
$1,199,900
Avg Price
$893,416
Days on Market
71
days
Sold Listings
2
Min Sold Price
$1,399,900
Max Sold Price
$1,399,900
Avg Sold Price
$1,399,900
Days until Sold
21
days
Neighbourhood Census Data
Hamilton, Ontario
Population
590
Median Age
38.2
Median Income
$26,624
Dwelling Value
$324,471
Housing Tenure
Owners 43%
Renters 59%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 8,464.8/km²
Avg Shelter Cost: $1,384/mo
Owners with Mortgage: 76.2%
Owners Spending 30%+: 22.7%
Tenants Spending 30%+: 63.3%
English only: 92.9%
English and French: 6.2%
Median Household Income: $41,421
Median Employment Income: $27,424
Price History
Listed
October 1, 2026
by RE/MAX Escarpment Realty Inc.
Current Price
$799,999
Type
Multi-family
For Sale
Contact Agent Get in touch about 100 Balsam Avenue S, Hamilton
Shay Flood
RE/MAX Escarpment Realty Inc.
