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
$1,549,990
For Sale
45 days
 on site
$1,549,990
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Size
-
Lot size
5775 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$443 - $517
Taxes
$7,123.48 (2025)
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®#: X12774266
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:
Feb 10, 2026
Show all details
Rooms
LevelNameSizeFeatures
Main
Bedroom
8.6 x 8.9 ft
Main
Bathroom
5.3 x 5.9 ft
Main
Bedroom 2
8.6 x 9.2 ft
Show all
Instant estimate:
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$114,613
lower than listed price
i
High
$1,482,656
Mid
$1,435,377
Low
$1,381,554
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About 55 Balsam Avenue S

55 Balsam Avenue S is a Hamilton multiplex for sale. 55 Balsam Avenue S has an asking price of $1549990, and has been on the market since February 2026. This 3000-3500 sqft multiplex has 13 beds and 7 bathrooms.

There are a lot of great restaurants around 55 Balsam Ave S, Hamilton City. If you can't start your day without caffeine fear not, your nearby choices include Tim Hortons. 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. For those days you just want to be indoors, look no further than Hamilton Children's Museum to keep you occupied for hours. 55 Balsam Ave S, Hamilton City is a 7-minute walk from great parks like Belview Park and Delta Park.

If you are looking for transit, don't fear, 55 Balsam Ave S, Hamilton City has a public transit Bus Stop (KING at GAGE) a short walk. It also has route King close by.