100 BALSAM Avenue

Hamilton, Ontario L8M3B3

MLS # 40867873

$799,999

Property Details

Type

Detached

Beds

Baths

Status

For Sale

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About this property

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.

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Property taxes: about $449/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Storage	Basement	9'2'' x 16'4''
Utility room	Basement	11'10'' x 12'0''
Laundry room	Basement	6'4'' x 8'0''
3pc Bathroom	Basement	x
Kitchen	Basement	11'8'' x 10'0''
Family room	Basement	17'8'' x 11'6''
4pc Bathroom	Third level	9'3'' x 4'10''
Dining room	Third level	14'11'' x 11'1''
Kitchen	Third level	12'11'' x 11'1''
Kitchen	Second level	9'4'' x 9'0''
4pc Bathroom	Second level	9'4'' x 5'11''
Bedroom	Second level	11'8'' x 11'3''
Bedroom	Second level	11'11'' x 11'6''
Bedroom	Second level	12'11'' x 11'6''
Foyer	Main level	4'0'' x 4'10''
4pc Bathroom	Main level	7'6'' x 3'11''
Bedroom	Main level	11'8'' x 10'4''
Kitchen	Main level	9'4'' x 10'8''
Living room	Main level	14'8'' x 13'8''
Dining room	Main level	14'7'' x 11'10''