204 BALSAM AVENUE S, Hamilton, Ontario, L8M 3B8

MLS® # X13417808

House For Sale In Blakeley, Hamilton, Ontario

$989,900 QuickQuote^TM: Not Available

6 Beds

3 Baths

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204 BALSAM AVENUE S, Hamilton, Ontario, L8M 3B8

$989,900

6 Beds

3 Baths

Property Information:

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. (id:27)

Building Features:

Style: Detached
Building Type: House
Amenities: Separate Hydro Meters
Basement Development: Finished
Basement Type: N/A, Full, N/A
Construction Style - Attachment: Detached
Exterior Finish: Aluminum siding, Brick
Floor Space: 1500 - 2000 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Amenities Nearby: Hospital, Park, Public Transit, Schools
Features: Paved yard, Carpet Free
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 95 Feet
Lot Frontage: 28 Feet
Lot Size: 28 x 95 FT
Structure Type: Porch
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 4

Rooms:

Kitchen 2nd Level 3.76 m x 3.45 m
Living 2nd Level 5.74 m x 2.95 m
Primary Bedroom 2nd Level 3.45 m x 3.17 m
Laundry 2nd Level 1.83 m x 1.75 m
Bathroom 2nd Level Measurements not available
2nd Bedroom 3rd Level 4.95 m x 3.48 m
3rd Bedroom 3rd Level 5.46 m x 3.07 m
Kitchen Basement Level 5.87 m x 3.86 m
Bathroom Basement Level Measurements not available
Primary Bedroom Basement Level 3.99 m x 2.72 m
2nd Bedroom Basement Level 3.53 m x 2.92 m
Kitchen Main Level 6.50 m x 3.94 m
Primary Bedroom Main Level 3.56 m x 3.53 m
Bathroom Main Level Measurements not available

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Courtesy of: RE/MAX ESCARPMENT REALTY INC.

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