Front of 55 Balsam Avenue S
55 Balsam Avenue SHamilton (Stipley)
Terminated
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Ontario Real Estate › Hamilton › Stipley
Front of 55 Balsam Avenue S
55 Balsam Avenue SHamilton (Stipley)
Terminated
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MultiplexMLS X12774266
Last asked:Terminated May 15, 2026
$1,549,990
13 Bedrooms
7 Bathrooms
5 Parking
3K~3.5K Sq.Ft.
63.11 x 91.52 ft Lot
$7,123 Tax/yr

Property history

$1,699,900first asked
$1,549,990last asked
▼ 9%since September
SepNovFebMay
TerminatedMay 15, 2026
$1,549,990MLS® X12774266
Listed for saleFeb 10, 2026
$1,549,990MLS® X12774266
TerminatedFeb 6, 2026
$1,699,900MLS® X12380922
Listed for saleSep 4, 2025
$1,699,900MLS® X12380922
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

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About this home

55 Balsam Avenue S, Hamilton

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.

In-Law CapabilityIn-Law SuitePrimary Bedroom - Main FloorSeparate Hydro MeterWater HeaterWater Heater Owned

Facts & features

TypeMultiplex
Style3-storey
Built51-99
Size3K~3.5K Sq.Ft.
Lot63.11 x 91.52 ft
Tax$7,123 (2025)
HeatingWater, gas
CoolingWindow unit(s)
BasementApartment, separate entrance
Parking3 drive
WaterMunicipal
FireplaceYes, other

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Rooms

6 rooms · 7 bathrooms
Main floor6 rooms
  • Family room13′5″ × 11′11″159 sq.ft.
  • Dining room9′11″ × 17′2″170 sq.ft.
  • Bedroom8′7″ × 8′11″76 sq.ft.
  • Bedroom 28′7″ × 9′2″78 sq.ft.
  • Bathroom5′3″ × 5′11″31 sq.ft.
  • Kitchen11′1″ × 8′2″91 sq.ft.
Bathrooms7
3-pcMain3-pcMain3-pcSecond3-pcSecond3-pcThird3-pcLower3-pcLower
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Around this home

Dunsmure Rd & Balsam

Listing details

MLS® numberX12774266
Listed onFeb 10, 2026
Days on market94
UpdatedMay 15, 2026
Listing brokerageRED HOUSE REALTY
PossessionFlexible

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