203 Balsam Ave S

203 Balsam Ave S
203 Balsam Ave S
203 Balsam Ave S
+37
10
 bed
4
 bath
2
 parking
3000 - 3500
 sqft
Sold conditional
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7 days
 on site
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Sold for
$920,000
Listed for
$879,000
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Size
-
Lot size
126.81 sqm
Street frontage
E
Possession
Immediate
Price per sqm
$2,831 - $3,297
Taxes
$3,052.8 (2023)
Parking Type
-
Style
3-Storey
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Description
Rare Legal Non Conforming Triplex with excellent cap rate of approximately 5.80% and a Proposed market rent rate cap rate of over 10%+. Solid all brick huge building with 3 x 3 bedroom units & 1 x 1 bedroom in basement unit. Meets fire code with Interconnected smoke detectors, fire pull stations, self closing steel fire doors and proper exits. The building is 3120+- not including the basement apt. The Main floor apt was recently re-furbished with all new carpet, fresh paint & new blinds & is vacant. Ideal for live-in or set your own rent. Some up-dates include newer high efficiency furnace, newer shingles and 200 Amp service with circuit breakers. Tenants are month to month, rents include all utilities. 24 Hour notice required for all showings.

EXTRAS:
Broker: RE/MAX ESCARPMENT REALTY INC.
MLS®#: X8181534
Property details
Parking:
2
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
279-325 sqm
Lot front:
7.01 M
Lot depth:
18.29 M
Listed on:
Mar 28, 2024
Show all details
Rooms
LevelNameSizeFeatures
Flat
Living
1.3 x 1.1 m
Flat
Dining
1.1 x 1.1 m
Flat
Kitchen
0.9 x 0.8 m
Flat
Br
0.9 x 0.9 m
Flat
2nd Br
0.9 x 0.9 m
Flat
3rd Br
0.9 x 0.7 m
Flat
Bathroom
0.7 x 0.5 m
4 Pc Bath
Flat
Sunroom
1.8 x 0.6 m
Flat
Living
0.0 x 0.0 m
Flat
Kitchen
0.0 x 0.0 m
Flat
Br
0.0 x 0.0 m
Flat
Bathroom
0.0 x 0.0 m
4 Pc Bath
Arjun Sanilkumar
Sales Representative
© Property.ca Inc., Brokerage
MLS#: X8181534
Listed by RE/MAX ESCARPMENT REALTY INC.

About 203 Balsam Ave S

203 Balsam Ave S is a Hamilton detached house which was for sale, near Balsam Ave and Afton Ave. It was listed at $879000 in March 2024 but is no longer available and has been taken off the market (Sold) on 4th of April 2024.. This detached house has 10 beds, 4 bathrooms and is 3000-3500 sqft.

203 Balsam Ave S, Hamilton City is a 3-minute walk from Tim Hortons for that morning caffeine fix and if you're not in the mood to cook, Connaught Fish & Chips and Gage Park Diner are near this detached house. Groceries can be found at Coven Market which is a 3-minute walk and you'll find 700 Main Pharmacy a 9-minute walk as well. Love being outside? Look no further than Gage Park, East Kiwanis Place or Pier 4 Park, which are only steps away from 203 Balsam Ave S, Hamilton City.

Getting around the area will require a vehicle, as there are no nearby transit stops.