$1,699,900
Listed for $1,699,900 on Sep. 04, 2025

55 Balsam Avenue

Hamilton

13 Bed|7 Bath|Yes|209 days on market

$1,699,900

Listed for $1,699,900 on Sept 4, 2025

Or call Dwelly at: (647) 797-1133

Home Details

Taxes
$594 / month
Total Parking Spots
5
Garage Spaces
3
Furnished
No
Move-in Date
Immediate
Hydro Included
No
Heating
Water
Water Included
No
Family Room
Yes
Basement
Apartment, Separate Entrance
Fireplace
Y
Air Conditioning
Window Unit(s)
Central Vaccum
No
Exterior
Brick
Zoning
c
Sewer
Sewer
Property Type
Residential Freehold

Listing Description

A rare opportunity to own a solid purpose-built 6 plex with a bonus non-conforming bachelor unit, delivering seven income streams under one roof. Situated in Hamilton's rapidly growing east end, this property offers reliable returns and long-term upside. Featuring six spacious 2 bedroom units that attract a wide tenant base, along with great long term tenants already in place, investors can step into stable cash flow from day one. Just steps to the future LRT line, the building benefits from excellent visibility, walkability, and ongoing rental demand. Recent upgrades include a new water line connection (2025) and a new boiler (2025) New Windows (2023 in the upper units) 6 Separate newer Hot Water Tanks (3 purchased in 2025). A detached garage provides extra storage or potential for future development leaving room for additional value. This is a turnkey, income-generating asset in one of Hamilton's fastest growing corridors.

About 55 Balsam Avenue, Hamilton

Located at 55 Balsam Avenue , this Hamilton house was listed for $1,699,900. It has 13 bedrooms and 7 bathrooms. The property includes the following rooms: . This property comes with 5 parking spots.


MLS#: undefined · $1,699,900 · 13 bedroom house in Hamilton