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204 BALSAM Avenue S

St. Clair/Blakeley, Hamilton, L8M3B8

Listed by RE/MAX Escarpment Realty Inc.

$989,900

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  • 4+2 bedrooms
  • 3 bathrooms
  • 4 parking
  • 2171 sq ft

Listed 16 days ago · MLS® 40868762

About this home

An exceptional investment opportunity in Hamilton’s St.Clair/Blakeley neighbourhood. This skillfully renovated century home offers over 2,100 sq ft of finished living space across three self-contained units, making it an ideal investment property OR an incredible multi-generational home for a large family. Configured as a legal duplex with an in-law suite, it delivers strong rental income potential OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down. Talk about affordable! This property features three well-appointed suites with modern finishes throughout, including updated kitchens with subway tile backsplashes, stainless steel appliances, and in-suite laundry in each unit. Durable luxury vinyl plank flooring runs throughout, ensuring low maintenance and long-term durability. The well-designed layout includes a 2-bedroom unit with a stone patio, a 1-bedroom unit with a private deck, and a spacious 3-bedroom unit spanning two levels with a separate laundry room.Separate hydro meters allow for efficient expense management and increased net returns. The property is currently tenanted by reliable, long-term occupants who are easy to manage and paying at or slightly above market rents, providing immediate, consistent income. Additional features include four-car parking with front and rear alley access, a fully fenced and hardscaped backyard, and strong curb appeal with a covered front porch. Ideally located near Gage Park, Ottawa Street amenities, transit, and key commuter routes, this turnkey property represents a solid addition to any real estate portfolio with both income stability and future growth potential. Call or message today for the proforma and more details! RSA. (id:66966)

Details

Type
Detached
Style
Other
Size
2171 sq ft
Basement
Finished, Full
Property tax
$5,409
Neighbourhood
St. Clair/Blakeley
Municipality
Hamilton

Interior

Bedrooms
4 above ground + 2 below
Fireplace
No
Appliances
Window Coverings

Heating, cooling and services

Heating
Forced air, Natural gas
Air conditioning
Central air conditioning
Water and sewer
Municipal sewage system

Building and exterior

Outdoor
Brick, Stucco, Aluminum siding

Parking

Total parking
4

Rooms

RoomLevelSizeFeatures
Utility roomBasement
BedroomBasement9'7'' x 11'7''
Primary BedroomBasement8'11'' x 13'1''
4pc BathroomBasement
KitchenBasement12'8'' x 19'3''
BedroomThird level10'1'' x 17'11''
BedroomThird level11'5'' x 16'3''
4pc BathroomSecond level
Laundry roomSecond level5'9'' x 6'0''
Primary BedroomSecond level10'5'' x 11'4''
Living room/Dining roomSecond level9'8'' x 18'10''
KitchenSecond level11'4'' x 12'4''
4pc BathroomMain level
Primary BedroomMain level11'7'' x 11'8''
KitchenMain level12'11'' x 21'4''

Location

Location is approximate. See nearby homes on the map

Listed by RE/MAX Escarpment Realty Inc..

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