trreb/IMG-X13849398_b40c22c6-4f28-46fa-b720-4fd530ad833b-l.jpg
6 hours on Market

100 Balsam Ave, Hamilton, Ontario L8M 3B3

Townhouse
4 + 1
4
~2000-2500 sqft
$799,999
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Townhouse
4 + 1
4
~2000-2500 sqft

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Highlights

Property Estimate

Days on market6 hours

Estimated valueNot available

Price/Sqft$359/sqft

Monthly cost

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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.


Property Details

Style2 1/2 Storey
View-
Age of property100+
SqFt~2000-2500 SqFt
Lot Size4,109 SqFt(91.33 x 45)
Parking Spaces5
MLS ®NumberX13849398
Community NameStipeley
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

Heating: Radiant
Fireplace
Basement: Apartment, Sep Entrance

Features

Lot size: 4,109 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 3

Total parking spaces 5


Property listed by RE/MAX ESCARPMENT REALTY INC., Brokerage
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Market Data - Stipeley

Geo Zone Map ThumbnailStipeley

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

46 days

New Listings

Past 30 days

1 listing

Compared to

2025

1 listing

Units sold

Past 30 days

0 unit

Compared to

2025

1 unit

Median Sold Price

Past 30 days

$0

Compared to

2025

$1,625,000


Population and Demographics

Overview

Total population 6276
Average household income $91,677

Age (%)

0 to 19
21%
20 to 34
26%
35 to 49
21%
50 to 64
19%
65 and plus
12%

Household composition (%)

Single family
54%
Single person
37%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
87%
Spanish
2%
Italian
2%
Polish
2%
Portuguese
1%
French
1%
Vietnamese
1%
Arabic
1%
Others
1%

House tenancy (%)

Renters
51%
Owners
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget