55 Balsam Avenue S

55 Balsam Avenue S
55 Balsam Avenue S
55 Balsam Avenue S
+47
13
 bed
7
 bath
5
 parking
3000 - 3500
 sqft
Multiplex
$1,699,900
For Sale
50 days
 on site
$1,699,900
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Size
-
Lot size
5775 sqft
Street frontage
-
Possession
2025-10-01
Price per sqft
$486 - $567
Taxes
$7,123.48 (2024)
Parking Type
-
Style
3-Storey
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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.
Broker: RED HOUSE REALTY
MLS®#: X12380922
Property details
Parking:
5
Parking type:
-
Property type:
Multiplex
Heating type:
Water
Style:
3-Storey
MLS Size:
3000-3500 sqft
Lot front:
63 Ft
Lot depth:
91 Ft
Listed on:
Sep 4, 2025
Show all details
Rooms
LevelNameSizeFeatures
Main
Bedroom
8.6 x 8.9 ft
Main
Kitchen
11.1 x 8.2 ft
Main
Bedroom 2
8.6 x 9.2 ft
Show all
Instant estimate:
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$80,626
lower than listed price
i
High
$1,672,610
Mid
$1,619,274
Low
$1,558,555
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About 55 Balsam Avenue S

55 Balsam Avenue S is a Hamilton multiplex for sale. It was listed at $1699900 in September 2025 and has 13 beds and 7 bathrooms.

There are a lot of great restaurants nearby 55 Balsam Ave S, Hamilton City.Grab your morning coffee at Tim Hortons located at 888 Main St E. Groceries can be found at Sange's Sweets which is not far and you'll find Stevenson Chiropractic & Wellness a 3-minute walk as well. Interested in the arts? Look no further than Hamilton Children's Museum. Wanting to catch a movie? Westdale Cinema Group is within walking distance from 55 Balsam Ave S, Hamilton City. 55 Balsam Ave S, Hamilton City is a 7-minute walk from great parks like Belview Park and Delta Park.

Transit riders take note, 55 Balsam Ave S, Hamilton City is nearby to the closest public transit Bus Stop (KING at GAGE) with route King.