Get $2,475 Cash Back
204 BALSAM Avenue S, Hamilton — listed at $989,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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:60164)
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
Is 204 BALSAM Avenue S a good fit for a growing family?+
With 6 bedrooms and 3 bathrooms (2171 sq ft), there's room for kids plus a guest room or home office. The 2.5-storey layout keeps living and sleeping areas separated.
What's the parking situation?+
This property includes 4 spaces.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,408.76, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Ask About This Property
Nearby Places
Searching nearby places…
Benchmark price · Updated 2026-09
Year over year
Past 10 years
Similar listings
For Sale15 days1
For Sale44 days6
For Sale154 days40
For Sale23 days28The listing data above is provided under copyright by the Canadian Real Estate Association. While the information is considered reliable, its accuracy is not guaranteed by the Canadian Real Estate Association or getsetsold.ca. Neither getsetsold.ca nor its affiliates make any representations or warranties, express or implied, regarding the accuracy or completeness of the information presented here.















