55 Balsam Avenue S

Hamilton City

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
1 day
 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
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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
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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
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Instant estimate:
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$56,758
lower than listed price
i
High
$1,697,264
Mid
$1,643,142
Low
$1,581,528
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About 55 Balsam Avenue S

55 Balsam Avenue S is a Hamilton multiplex for sale. It has been listed at $1699900 since September 2025. This multiplex has 13 beds, 7 bathrooms and is 3000-3500 sqft.

Some good places to grab a bite are Hi-Line Pizza & Wings, It's A Mystery to Me or Gage Park Diner. If you love coffee, you're not too far from 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. For those days you just want to be indoors, look no further than Hamilton Children's Museum to keep you occupied for hours. If you're in the mood for some entertainment, Westdale Cinema Group is not far away from 55 Balsam Ave S, Hamilton City. Love being outside? Look no further than Belview Park and Delta Park, which are both only steps away.

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 distance away. It also has route King close by.