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$799,999

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100 Balsam Avenue South

Stipley, Hamilton, Ontario L8M3B3

For sale· Added

4+1 bed4 bath2,000–2,500 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
X13849398
Added
Oct 1, 2026 ()
Updated
Oct 1, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Triplex
Storeys
2.5

Inside

Bedrooms
4+1
Bathrooms
4
Heating
Radiant heat, Natural gas
Cooling
None
Fireplace
Yes
Appliances
Washer, Refrigerator, Water meter, Stove, Dryer
Features
Guest Suite

Building

Basement
Finished, Apartment in basement, Separate entrance
Exterior
Brick
Foundation
Block
Parking
Detached Garage, Garage · 5 spaces

Land

Lot size
45 x 91.3 ft
Fencing
Fenced yard
Zoning
c

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Main and Balsam
Directions
Main St E to Balsam Ave S.

Running costs

Annual property tax
$5,388

Ask about this home

$799,999
100 Balsam Avenue South
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