100 BALSAM Avenue S
Hamilton, Ontario
MLS® 40867873
$799,999
- Status
- Active
- Property type
- House
- MLS® number
- 40867873
- Bedrooms
- 4
- Bathrooms
- 4
- Year built
- 1920
1 / 50Listing 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 summary
- MLS® number
- 40867873
- Property type
- Single Family
- Building type
- House
- Square footage
- 2,257 sq ft
- Title
- Freehold
- Built in
- 1920
- Annual property taxes
- $5,388.05
- Parking
- 5 spaces · Detached Garage
- Days on market
- 6 days
Features & details
- Heating
- Radiant heat
- Cooling
- None
- Basement
- Finished, Full
- Exterior features
- Brick
- Lot features
- Paved driveway, Laundry- Coin operated, Private Yard
- Architectural style
- Other
What would this home cost you?
Based on the $799,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Escarpment Realty Inc., Hamilton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.