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Renanza Realty
For sale

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

Listing 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.

Estimated monthly payment$3,722 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.