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109 Balsam Avenue S
Stipley Hamilton L8M 3B2

$2,800,000 /For Sale
Commercial

Main Photo: 109 Balsam Avenue S in Hamilton: Stipley Commercial for sale : MLS®# X12465229
Photo 1: 109 Balsam Avenue S in Hamilton: Stipley Commercial for sale : MLS®# X12465229
Photo 2: 109 Balsam Avenue S in Hamilton: Stipley Commercial for sale : MLS®# X12465229
Photo 3: 109 Balsam Avenue S in Hamilton: Stipley Commercial for sale : MLS®# X12465229
Photo 4: 109 Balsam Avenue S in Hamilton: Stipley Commercial for sale : MLS®# X12465229
Photo 5: 109 Balsam Avenue S in Hamilton: Stipley Commercial for sale : MLS®# X12465229
Photo 6: 109 Balsam Avenue S in Hamilton: Stipley Commercial for sale : MLS®# X12465229
Photo 7: 109 Balsam Avenue S in Hamilton: Stipley Commercial for sale : MLS®# X12465229
Photo 8: 109 Balsam Avenue S in Hamilton: Stipley Commercial for sale : MLS®# X12465229
Photo 9: 109 Balsam Avenue S in Hamilton: Stipley Commercial for sale : MLS®# X12465229
Photo 10: 109 Balsam Avenue S in Hamilton: Stipley Commercial for sale : MLS®# X12465229
Photo 11: 109 Balsam Avenue S in Hamilton: Stipley Commercial for sale : MLS®# X12465229
Photo 12: 109 Balsam Avenue S in Hamilton: Stipley Commercial for sale : MLS®# X12465229
Photo 13: 109 Balsam Avenue S in Hamilton: Stipley Commercial for sale : MLS®# X12465229
Photo 14: 109 Balsam Avenue S in Hamilton: Stipley Commercial for sale : MLS®# X12465229
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12465229
Bus Major:
Apts - 13 To 20 Units
Outstanding opportunity to acquire a 16-unit, 4-storey brick apartment building in a prime Hamilton location near Gage Park and the future LRT line. All suites are self-contained and separately hydro-metered. The property features a strong mix of mostly renovated units achieving near-market rents, with further upside potential through ongoing turnover. The building has benefited from substantial capital expenditures over the past decade, ensuring a well-maintained and efficient asset. Ideally suited for investors seeking a solid addition to their portfolio in one of Hamiltons most promising growth corridors.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
11724 sq. ft. Square Feet
Total Area:
11,724 sq. ft.
Lot Depth:
45'8"
Lot Frontage:
90'
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
DE-2
Heating type:
Water Radiators
Garage:
None
Possession Details:
flexible
HST Applicable To Sale Price:
In Addition To
Assessment:
$1,265,000
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$35,186.88 / 2024
Assessment:
$1,265,000.00 / 2024
Hamilton
Hamilton
Stipley
Public Transit
Hot Water Heater
16 Fridges, 16 Stoves, 2 Washers, 2 Dryers, 1 Hot Water Tank Gas
Tenants Belongings
None
Water Supply Types:
Water System
Utilities:
Yes
Green Property Information Statement:
No
Air Conditioning:
Partial
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Major Business Type:
Apts - 13 To 20 Units
Category:
Apartment
Date Listed:
Oct 16, 2025
Original Price:
Previous Price:
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Listed by EXP REALTY
Data was last updated October 21, 2025 at 06:15 PM (UTC)
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