For Sale

107-109 Balsam Avenue Unit# 107, Hamilton (Central), Ontario L8M3B2

$2,899,000

107-109 Balsam Avenue Unit# 107, Hamilton (Central), Ontario L8M3B2 is For Sale and has a listing price of 2,899,000. The property is located in the Blakeley neighbourhood. It's been on the website for 8 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • MLS ID: X10408730
  • Office Name MYSAK REALTY INC.
Property Description

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. (id:43137)

Property Details
  • MLS ID: X10408730
  • Price: $2,899,000
  • Transaction Types: For Sale
  • Ref ID: 27619738
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
11/04/2024 X10408730 $2,899,000 For Sale - -
09/23/2024 X9365484 $2,899,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Blakeley
  • $1,086,082 Average List Price
    based on 1 year
  • 16 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.14 % Up
  • Sold (12mo) 9
  • Rented (12mo) 8

  • 1 Month Change -11.1%
  • 3 Month Change +76.8%
  • 6 Month Change +181.9%
Walkscore
Property Type Distribution
  • All Houses
    79.39%
  • Commercial
    12.6%
  • Condo
    7.25%
  • Land for Sale
    0.76%
Additional Details
  • Heating System Hot Water Radiator Heat
  • Water Municipal Water
  • Cooling System Partially Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 04/11/2024 00:00:00
  • Zoning Y
  • Agent Name: JOE MYSAK
  • Last Updated: 07/11/2024 07:44:32
Open House Dates
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