203 Balsam Avenue

SoldHamiltonMLS® X8181534
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Bedrooms10
Bathrooms4
Interior3,000 sq ft
TypeSingle Family Home
ListingFor Sale

About this property

Rare Legal Non Conforming Triplex with excellent cap rate of approximately 5.80% and a Proposed market rent rate cap rate of over 10%+. Solid all brick huge building with 3 x 3 bedroom units & 1 x 1 bedroom in basement unit. Meets fire code with Interconnected smoke detectors, fire pull stations, self closing steel fire doors and proper exits. The building is 3120+- not including the basement apt. The Main floor apt was recently re-furbished with all new carpet, fresh paint & new blinds & is vacant. Ideal for live-in or set your own rent. Some up-dates include newer high efficiency furnace, newer shingles and 200 Amp service with circuit breakers. Tenants are month to month, rents include all utilities. 24 Hour notice required for all showings.

Features & finishes

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Air Conditioning
Basement

Property details

MLS® NumberX8181534
StatusSold
Listing TypeFor Sale
Property TypeSingle Family Home
Interior Size3,000 sq ft
Beds / Baths10 bed · 4 bath
CityHamilton
Postal CodeL8M 3B7
ProvinceON
Listed DateMarch 3, 2026
BrokerageRE/MAX ESCARPMENT REALTY INC.

Location

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Listed by RE/MAX ESCARPMENT REALTY INC.