Active
107-109 Balsam Ave S
Hamilton Ontario, L8M 3B2
C$2,699,000
Active
Commercial
5.6% cap rate with upside on all rents. Stunning 16 unit apartment building. 10 x 1 Bedroom, 6 x 2 Bedroom. Room to grow your income with this value add opportunity. Hydro separately metered. Plumbing upgraded to copper except for 2 units. Close to public transportation. Property being offered at roughly $181k/door. Data room and full financials available. Two Vacant Units.
X10408730
MLSⓇ ID
November 19, 2024
Updated
Map
107-109 Balsam Ave S
Hamilton Ontario, L8M 3B2
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Part
Heating
Yes
Heating Description
Water Radiators
Exterior/Building Features
Lot Size
0.09 Acres
Sewer
SanStorm
Other Property Details
Area Name
Central
Taxes
$35,187
Tax Frequency
Annually
Garage
No
Parking
None
Parking Total
0
View
No
County
Ontario
Municipality
Hamilton
Water Source
Municipal
Pool
No
Zoning
DE-2
Listing History
Date | Event | Price |
|---|---|---|
11/19/2024 | Price change | $2,699,000 -7% |
Courtesy of Listed by , MYSAK REALTY INC.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2024 Toronto Real Estate Board. All rights reserved.
Data last updated 4:51 PM UTC, 11/19/2024