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204 BALSAM Avenue

204 BALSAM Avenue

Hamilton, Ontario

6 bed • 3 bath • Single Family

$1,049,900

An exceptional opportunity in Hamilton’s St.Clair/Blakeley neighbourhood. This skillfully renovated century home offers over 2,100 sq ft of finished living space across three self-contained units, making it an ideal investment property generating $5,644 per month OR an incredible multi-generational home for a large family. Configured as a legal duplex with an in-law suite, it delivers strong rental income potential with an estimated net cashflow of $741.25* per month OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down to an estimated $808* PER MONTH! Talk about affordability! Configured as a legal duplex with a 3rd self-contained unit, this versatile property features beautifully updated interiors including bright white kitchens, quartz counters with modern subway tile backsplashes, stainless steel appliances with dishwashers and over-the-range microwaves, and the convenience of in-suite laundry in each unit. Durable white oak luxury vinyl plank flooring runs throughout, enhancing both style and longevity. The well-designed layout includes a 2-bedroom unit with a stone patio, a 1-bedroom unit with a private deck, and a spacious 3-bedroom unit spanning two levels with a separate laundry room. Separate hydro meters provide efficient utility management, while four-car parking with front and alley access adds rare functionality. The fully fenced, hardscaped backyard offers low-maintenance outdoor space, and the covered front porch adds timeless curb appeal to this 2.5-storey home. Situated steps to Gage Park, Ottawa Street’s popular shops and restaurants, schools, and easy Sherman access for commuting, this turnkey property blends flexibility, functionality, and lifestyle in one exceptional offering. Ready to explore the possibilities? Contact us today to schedule your private viewing or to learn more about what this property can do for you! RSA.

Price History

Schools

Elementary

  • ÉÉC Notre-Dame0.2 km

    French Catholic · CS catholique MonAvenir · 215 students

    Grade 3 reading: 23% met the provincial standard · Grade 6 math: 65% met the provincial standard

  • Adelaide Hoodless Public School0.4 km

    Public · Hamilton-Wentworth DSB · 580 students

    Grade 3 reading: 83% met the provincial standard · Grade 6 math: 52% met the provincial standard

  • Prince of Wales Elementary Public School1 km

    Public · Hamilton-Wentworth DSB · 540 students

    Grade 3 reading: 61% met the provincial standard · Grade 6 math: 49% met the provincial standard

Secondary

  • Bernie Custis Secondary School Secondary School1 km

    Public · Hamilton-Wentworth DSB · 955 students

    Grade 10 literacy: 65% met the provincial standard

  • Sherwood Secondary School1.9 km

    Public · Hamilton-Wentworth DSB · 1255 students

    Grade 10 literacy: 79% met the provincial standard

  • Cathedral High School2 km

    Catholic · Hamilton-Wentworth CDSB · 1650 students

    Grade 10 literacy: 64% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L8M

Population
13,774
Private dwellings
7,096
Median age
38.4
Average household size
2.1
Median household income
$61,200

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in Hamilton · last 12 months

Median sold price
$682,500
Homes sold
4,995
Median days on market
27
Sale-to-list price
97.1%

Based on 4,995 recorded sales of single family properties in Hamilton over the last 12 months.

Location

Mortgage Calculator

$209,980

Estimated Monthly Payment

$5,158

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $5,158/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $262/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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