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$ 799,999
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100 Balsam AVE S Hamilton, ON L8M 3B3
5 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Stipley
MLS Listing ID X13849398
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $5,388
Tax Year 2026
Property Sub-Type Triplex
Property Description
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.
Location
Province ON
County Hamilton
Area Hamilton
Zoning c
Rooms
Basement Apartment, Separate Entrance, Finished
Kitchen 4
Interior
Interior Features Guest Accommodations
Cooling None
Inclusions Appliances, 4 stoves, 4 fridges, washer and dryer (all as -is) all light fixtures
Exterior
Exterior Feature Porch
Parking Features Detached
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 5
Building
Building Age 100+
Foundation Block
Lited by RE/MAX ESCARPMENT REALTY INC.
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