Salehian.com 647-325-5000

100 Balsam Avenue S

Stipley, Hamilton, L8M 3B3

$799,999

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  • 4+1 bedrooms
  • 4 bathrooms
  • 5 parking
  • 2000-2500 sq ft

Listed 19 days ago · MLS® X13849398

About this home

Rare Income & Multi-Generational Opportunity - Legal Triplex + Additional Basement Unit! Whether you're an investor looking to expand your portfolio, a buyer looking to offset your mortgage with rental income, or a family seeking flexible living arrangements, this unique property offers a legal triplex with an additional basement unit, providing an exceptional combination of income potential and versatility.Fully vacant and ready for its next owner, the property gives you the flexibility to establish your own tenant mix and maximize rental income from day one. Significant updates have already been completed, including updated electrical wiring (2026), most windows replaced (2026), and a brand-new garage door (2026), offering peace of mind and added value for the next owner.The property also features coin-operated laundry, creating an additional income stream, while the detached garage provides even more opportunity. Use it for parking or storage, rent it out for additional income, or explore the potential to convert it into an ADU, subject to applicable approvals. For the owner-occupier, the possibilities are just as appealing. Live in one unit while renting out the others to help offset your mortgage, use additional space for parents or in-laws, or create a comfortable multi-generational living arrangement with separate spaces for family members. With the property fully vacant, you have the flexibility to configure the property around your specific needs. For investors, the combination of a legal triplex, additional basement unit, vacancy, coin-operated laundry, detached garage, and recent upgrades creates multiple opportunities to generate income and add value over time. Live in one. Rent the others. House the family. Or maximize the income - the choice is yours.

Details

Type
Triplex
Style
2 1/2 Storey
Age
100+ years
Size
2000-2500 sq ft
Lot
45 × 91.33 ft
Basement
Apartment, Separate Entrance, Finished
Garage
Detached
Kitchens
4
Property tax
$5,388 (2026)
Neighbourhood
Stipley
Municipality
Hamilton

Interior

Bedrooms
4 above ground + 1 below
Bathrooms
1 × 4-piece (upper), 1 × 4-piece (second), 1 × 4-piece (main), 1 × 3-piece (basement)
Kitchens
4 (1 below ground)
Rooms
8 above ground
Family room or den
Yes
Fireplace
Yes
Features
Guest Accommodations

Heating, cooling and services

Heating
Radiant, Gas
Water and sewer
Sewer

Building and exterior

Style
2 1/2 Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Block
Age
100+
Faces
East
Outdoor
Porch

Parking

Garage spaces
2
Total parking
5
Driveway and parking
Private

Lot

Size
45 × 91.33 ft (rectangular)

More

Possession
Flexible
Nearby
Fenced Yard, Park, Place Of Worship, Public Transit, School
Cross street
Main and Balsam

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

  • 🚆 Hamilton GO Centre3.2 km

Within a 10-minute walk: 1 grocery store, 11 cafés and restaurants, 4 parks, 3 pharmacies. Nearest grocery: Busy Bee (1000 m). Nearest park: Gage Park (600 m).

Schools nearby

Elementary

  • Adelaide Hoodless Public School
    EQAO: Gr 6 reading 79%, math 52%    7 min walk
  • École élémentaire catholique Notre-Dame French
    EQAO: Gr 6 reading 96%, math 65%    10 min walk
  • Prince of Wales Elementary Public School
    EQAO: Gr 6 reading 79%, math 49%    11 min walk
  • Holy Name of Jesus Catholic Elementary School Catholic
    EQAO: Gr 6 reading 86%, math 31%    13 min walk

Secondary

  • Bernie Custis Secondary School
    EQAO: Gr 9 math 36%, literacy test 65%    8 min walk
  • St. Charles Adult & Continuing Education Centre - Downtown East Campus Catholic10 min walk
  • Cathedral High School Catholic
    EQAO: Gr 9 math 43%, literacy test 64%    1.5 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L8M

Owners / renters
40% / 60%
Median household income
$61,200
Average age
40
Children under 15
14%
Homes
38% detached, 13% high-rise
Commute by transit
15%
Population
13,774

Languages spoken most at home besides English: Spanish 1.3%, Arabic 0.6%, Polish 0.5%, Ukrainian 0.3%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Hamilton police: 62 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Hamilton: 3 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence, with a City business licence (since December 2023).

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX ESCARPMENT REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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