A pic from exterior of the house or condo, the front or back of building for 107-109 Balsam Ave, Hamilton Ontario L8M 3B2
111 days on Market

107-109 Balsam Ave, Hamilton, Ontario L8M 3B2

In the same building:
-
Condo
-
-
~4000 sqft
$2,699,000
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Condo
-
-
~4000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$674/sqft

Est. Mortgage$11,591/mo

Tax Amount (2024)$35,187/yr

Days On Market111 days

Description

Stunning 16 unit apartment building (10 x 1 Bed, 6 x 2 Bed). 5.1% cap rate with upside on all rents. Room to grow your income with this add value opportunity. Hydro separately metered. Plumbing upgraded to copper except for 2 units. Close to public transportation. Property being offered at roughly $181k/door. Priced to sell. Data room and full financials available. Showing to see ALL units will be by appointment this Sunday 29th from 10am to 1pm.

Property Details

StyleResidential Income
View-
Age of property-
SqFt~4000 SqFt
Lot Size4,109 SqFt(45.66 x 90)
Parking Spaces-
MLS ®Number40674058
Community NameStipeley
Data SourceITSO
Listing byMYSAK REALTY INC.

Features

Heating: Natural Gas
Cooling: Wall Unit(s)
Basement: Partial, Partially Finished

Features

Lot size: 4,109 SqFt
Sewer (Municipal)
3Story
Inclusions
Hydro
Water
Parking
Cable
Heat
Property listed by MYSAK REALTY INC., Brokerage

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Population and Demographics

Overview

Total population 6276
Average household income $91,677

Age (%)

20 to 34
26%
0 to 19
21%
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%

Schools and amenities

Estimated Budget