107-109 Balsam Avenue South, Hamilton | Image 1

107-109 Balsam Avenue South

Hamilton, Central

  • Commercial

$2,699,000
For Sale

Added 2 weeks ago

Sign in or Register • To view all data & photos, an account is required by the Toronto Real Estate Board.

  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-13 To 20 Units

  • Zoning: DE-2

  • Age: No Data

  • Taxes: 35187

  • MLS®#: X10408730

  • Days on Site: 15 Days

  • Added: Nov 04, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: MYSAK REALTY INC.

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.

Property

  • Status: Sale

  • Type: Apts-13 To 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Hamilton

  • Community: Central

  • Availability Date: TBA

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Heat Type: Water Radiators

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: Plan 506, Lot 195

  • Taxes: $35,187

  • Expenses: Est

  • Insurance Fee: 8945

  • Hydro Expense: 3597

  • Heat Expenses: 12604

  • Taxes Type: Annual

  • Taxes: 35187

  • Tax Year: 2024

  • Water Fees: 18389

Land

  • Cross Street: Main St E/Balsam Ave

  • Municipality District: Hamilton

  • Sewer: San+Storm

  • Lot Depth: 45.66 Feet

  • Lot Frontage: 90 Feet

  • Zoning: DE-2

Commercial Specific

  • Sprinklers: N

  • Total Area Metric: Sq Ft

  • Lot Code: Building

  • Gross Income/Sales: 264204

Map of 107-109 Balsam Avenue South, Hamilton
JK-8

ÉÉC Notre-Dame

Elementary: Catholic
0.56 km
JK-8

St. Ann (Hamilton) Catholic Elementary School

Elementary: Catholic
1.13 km
JK-8

Holy Name of Jesus Catholic Elementary School

Elementary: Catholic
0.90 km
JK-8

Adelaide Hoodless Public School

Elementary: Public
0.47 km
JK-8

Memorial (City) School

Elementary: Public
1.00 km
JK-8

Prince of Wales Elementary Public School

Elementary: Public
0.73 km
9-12

King William Alter Ed Secondary School

Secondary: Public
2.59 km
9-12

Vincent Massey/James Street

Secondary: Public
2.45 km
9-12

Nora Henderson Secondary School

Secondary: Public
3.44 km
9-12

Delta Secondary School

Secondary: Public
1.51 km
Pre-Grade 9-12

Sherwood Secondary School

Secondary: Public
2.10 km
9-12

Cathedral High School

Secondary: Catholic
1.97 km
Join or Sign in • See photos & sale data
Real estate boards require a verified account
 68-70 James Street North, Hamilton | MLS: X5715902
For Sale
2 years ago
$X,XXX,XXX
  • — bath
  • — bed

68-70 James Street North, Hamilton, Ontario • L8R 2K5 • Central

337 Gage Avenue North, Hamilton | MLS: X8326196
For Sale
6 months ago
$2,449,900
  • 6 bath
  • 0 bed

337 Gage Avenue North, Hamilton, Ontario • L8L 7A8 • Crown Point

Join or Sign in • See photos & sale data
Real estate boards require a verified account
 15-17 Barton Street East, Hamilton | MLS: X8415588
For Sale
5 months ago
$X,XXX,XXX
  • — bath
  • — bed

15-17 Barton Street East, Hamilton, Ontario • L8L 2V6 • Beasley

Join or Sign in • See photos & sale data
Real estate boards require a verified account
 217 Lottridge Street, Hamilton | MLS: X9233807
For Sale
3 months ago
$X,XXX,XXX
  • — bath
  • — bed

217 Lottridge Street, Hamilton, Ontario • L8L 6W1 • Industrial Sector

Join or Sign in • See photos & sale data
Real estate boards require a verified account
 766 Burlington Street East, Hamilton | MLS: X9356821
For Sale
2 months ago
$X,XXX,XXX
  • — bath
  • — bed

766 Burlington Street East, Hamilton, Ontario • L8L 4K3 • Stipley

Join or Sign in • See photos & sale data
Real estate boards require a verified account
 151 John Street South, Hamilton | MLS: X9361447
For Sale
2 months ago
$X,XXX,XXX
  • — bath
  • — bed

151 John Street South, Hamilton, Ontario • L8N 2C3 • Corktown

Join or Sign in • See photos & sale data
Real estate boards require a verified account
 151 John Street South, Hamilton | MLS: X9361448
For Sale
2 months ago
$X,XXX,XXX
  • — bath
  • — bed

151 John Street South, Hamilton, Ontario • L8N 2C3 • Corktown

750* Main Street East, Hamilton | MLS: X9364280
For Sale
1 month ago
$2,900,000
  • 0 bath
  • 0 bed

750* Main Street East, Hamilton, Ontario • L8M 1L1 • St. Clair

122-126 Augusta Street, Hamilton | MLS: X9768040
For Sale
3 weeks ago
$2,600,000
  • 0 bath
  • 0 bed

122-126 Augusta Street, Hamilton, Ontario • L8N 1R4 • Corktown

174 John Street South, Hamilton | MLS: X9836500
For Sale
3 weeks ago
$2,100,000
  • 7 bath
  • 0 bed

174 John Street South, Hamilton, Ontario • L8N 2C6 • Corktown

1645 Main Street East, Hamilton | MLS: X10427545
For Sale
4 days ago
$2,799,900
  • 0 bath
  • 0 bed

1645 Main Street East, Hamilton, Ontario • L8H 1C7 • Crown Point