view of front of home featuring brick siding and a front lawn Features: fence, lawn

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property entrance featuring brick siding and a yard Features: lawn

view of front facade featuring a balcony, brick siding, stairway, and a front yard Features: lawn, balcony

property entrance with brick siding and a yard Features: lawn

staircase with carpet and baseboards Features: carpet, natural light, tile floor

living area featuring wood finished floors, decorative columns, and a chandelier Features: hardwood floor, decorative columns, notable chandelier

living room with decorative columns, wood finished floors, a brick fireplace, and a chandelier Features: fireplace, decorative columns, smoke carbon monoxide detector, notable chandelier, hardwood floor, natural light

dining space with dark wood-style floors and a chandelier Features: notable chandelier, natural light, hardwood floor, baseboard radiator

dining area with a fireplace, plenty of natural light, and dark wood-style flooring Features: natural light, hardwood floor, fireplace, notable chandelier, decorative columns

bedroom featuring radiator heating unit and wood finished floors Features: radiator, hardwood floor, natural light

kitchen with white appliances, light countertops, white cabinets, tasteful backsplash, and light tile patterned flooring Features: range oven, backsplash, visible hinge cabinets, white cabinets, sink, tile floor, refrigerator, electric panel, countertops

bathroom with tile walls, vanity, and a wainscoted wall Features: tile wall, sink, toilet, combined bath shower, vanity

spare room featuring decorative columns and light wood-style floors Features: hardwood floor, decorative columns

empty room with light wood-style floors, radiator heating unit, and decorative columns Features: radiator, decorative columns, hardwood floor, natural light

unfurnished living room with radiator, light wood finished floors, a brick fireplace, and decorative columns Features: hardwood floor, decorative columns, radiator, natural light, fireplace

unfurnished living room featuring radiator, light wood-style flooring, and a fireplace Features: radiator, fireplace, natural light, hardwood floor

unfurnished bedroom with radiator, light wood-type flooring, and a closet Features: closet, hardwood floor, natural light, radiator

empty room with wood-type flooring and radiator Features: hardwood floor, natural light, radiator

kitchen featuring green cabinets, open shelves, light countertops, and decorative backsplash Features: sink, green cabinets, countertops, natural light, radiator, backsplash, tile floor, open shelves

kitchen with appliances with stainless steel finishes, open shelves, light countertops, light tile patterned floors, and tasteful backsplash Features: tile floor, open shelves, countertops, range oven, refrigerator, sink, backsplash, green cabinets

bathroom with a soaking tub, tile walls, and a wainscoted wall Features: toilet, bath, mirror, tile wall, sink

living room with light wood finished floors, a chandelier, and decorative columns Features: hardwood floor, notable chandelier, smoke carbon monoxide detector, decorative columns

dining room featuring ornate columns, wood finished floors, a fireplace, and healthy amount of natural light Features: natural light, tv, notable chandelier, hardwood floor, fireplace, decorative columns, radiator

living area with wood finished floors, radiator heating unit, and a brick fireplace Features: natural light, radiator, fireplace, hardwood floor, tv

living area featuring decorative columns, a fireplace, light wood-style floors, and a chandelier Features: decorative columns, fireplace, smoke carbon monoxide detector, hardwood floor, notable chandelier, tv, natural light

kitchen with white appliances, dark brown cabinetry, light tile patterned floors, and under cabinet range hood Features: crown molding cabinets, dark brown cabinets, refrigerator, natural light, backsplash, range oven, sink, countertops, range hood, ceiling fan, tile floor, shaker cabinets

living room featuring decorative columns, hardwood / wood-style flooring, a ceiling fan, and a textured ceiling Features: hardwood floor, ceiling fan, tv, decorative columns, textured ceiling, natural light

living area with decorative columns, an office area, and light wood-style flooring Features: hardwood floor, natural light, tv, ceiling fan, decorative columns

dining area with decorative columns, wood finished floors, washer / dryer, and a chandelier Features: notable chandelier, washer dryer, hardwood floor, tv, decorative columns, natural light, ceiling fan

dining room with wood finished floors, a brick fireplace, a desk, and a chandelier Features: fireplace, hardwood floor, notable chandelier, tv, natural light

bedroom featuring radiator heating unit and a closet Features: closet, natural light, radiator

office featuring light wood finished floors and baseboards Features: natural light, hardwood floor

living room featuring an office area and wood finished floors Features: tv, hardwood floor, crown molding

living area with wood finished floors and baseboards Features: tv, natural light, hardwood floor

sitting room with wood finished floors and rail lighting Features: track lighting, hardwood floor, natural light

bedroom with radiator heating unit, dark wood-type flooring, and a ceiling fan Features: radiator, hardwood floor, natural light, ceiling fan

bedroom featuring wood finished floors Features: natural light, hardwood floor

bathroom featuring tile walls, shower / bath combination with curtain, and vanity Features: toilet, mirror, combined bath shower, tile wall, vanity, sink

kitchen with white cabinetry, light countertops, electric stove, light tile patterned floors, and open shelves Features: refrigerator, crown molding cabinets, backsplash, sink, open shelves, range hood, white cabinets, tile floor, range oven, countertops, raised cabinets, microwave

bedroom with light wood-type flooring, lofted ceiling, a chandelier, and recessed lighting Features: tv, low ceiling, vaulted ceiling, notable chandelier, hardwood floor

living area with light wood finished floors, vaulted ceiling, and a chandelier Features: tv, u shaped kitchen, range oven, notable chandelier, refrigerator, hardwood floor, window mounted ac, natural light, vaulted ceiling

bedroom with a chandelier, light wood-style flooring, vaulted ceiling, and connected bathroom Features: hardwood floor, vaulted ceiling, natural light, notable chandelier, range oven, tv, ensuite bathroom

bathroom featuring vanity, a garden tub, tile patterned flooring, a baseboard heating unit, and vaulted ceiling Features: tile floor, vanity, sink, bath, toilet, vaulted ceiling, baseboard radiator

view of home's exterior with an outbuilding Features: outdoor structure

view of patio / terrace Features: patio, fence

utility room with electric water heater Features: water heater

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For Sale - 55 Balsam Avenue, Hamilton, Ontario

55 Balsam Avenue

Hamilton , Ontario

13 7 $1,549,990

Est payment $7,443/mo

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Time on Jump 50 day

AI Summary *

Solid 6 plex with an additional non-conforming bachelor unit for potential income.
Located in Hamilton's growing east end, ensuring consistent rental demand.
Six spacious 2 bedroom units with reliable long-term tenants already in place.
Recent upgrades include new water line, boiler, and windows for efficiency.
Detached garage offers extra storage or potential for future development.

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Purchase Price

Term

Interest Rate

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Down Payment:
$ 77,499 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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.

Listing IDX12774266

Address55 Balsam Avenue

CityHamilton, Ontario

Price$1,549,990

Bed / Bath13 / 7 Full

Style3-Storey, Multiplex

ConstructionBrick

TypeMulti-Family

StatusFor Sale

Extras

Subtype MultiplexIndoor Features In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter, Water Heater, Water Heater OwnedOwnership FreeholdBasement Apartment, Separate EntranceFoundation UnknownHeating / Cooling WaterHeating Fuel GasSewer Sewer

Market Info

Parking 5.00

Listing Agency:
RED HOUSE REALTY

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Listing Agency:
RED HOUSE REALTY

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For Sale - 55 Balsam Avenue, Hamilton, Ontario

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Property Info

Extras

Market Info

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