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.
For sale
C$799,999
100 Balsam Ave S, Hamilton, ON L8M 3B3
4beds
2,257sqft
Single Family Residence, Residential
Built in 1920
4,109 Square Feet Lot
$-- Zestimate®
C$354/sqft
C$-- HOA
What's special
Updated electrical wiringMost windows replacedBrand-new garage doorCoin-operated laundryDetached garage
- 1 day
- 4
- 0
Zillow last checked:
Listing updated:
Listed by:
Shay Flood, Salesperson,
RE/MAX Escarpment Realty Inc.
Source: ITSO,MLS®#: 40867873Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 1
- Main level bedrooms: 1
Kitchen
- Level: Basement,Main,Second,Third
Heating
- Radiant
Cooling
- None
Appliances
- Laundry: Coin Operated
Features
- None
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,257
- Total interior livable area: 2,257 sqft
- Finished area above ground: 2,257
Property
Parking
- Total spaces: 5
- Parking features: Detached Garage, Asphalt, Private Drive Single Wide
- Garage spaces: 2
- Uncovered spaces: 3
Features
- Stories: 2
- Patio & porch: Deck
- Exterior features: Year Round Living
- Frontage type: East
- Frontage length: 45.00
Lot
- Size: 4,109 Square Feet
- Dimensions: 45 x 91.33
- Features: Urban, Ample Parking, Park, Place of Worship, Public Parking, Public Transit, Schools, Skiing
Details
- Parcel number: 172080107
- Zoning: C
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Brick
- Foundation: Block
- Roof: Asphalt Shing
Condition
- 100+ Years
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
- Utilities for property: Cell Service, Electricity Connected, Garbage/Sanitary Collection, Recycling Pickup, Phone Connected
Community & HOA
Location
- Region: Hamilton
Financial & listing details
- Price per square foot: C$354/sqft
- Annual tax amount: C$5,388
- Date on market: 10/1/2026
- Inclusions: None
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listed for sale | C$799,999-8.6%C$354/sqft |
Source: | ||
| 6/27/2024 | Listed for sale | C$874,888-2.7%C$388/sqft |
Source: | ||
| 3/30/2024 | Listing removed | -- |
Source: | ||
| 10/6/2023 | Listed for sale | C$899,000C$398/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Stipley
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.





