204 Balsam Avenue
Hamilton, ON
- 6 bed
- 3 bath
- approx. 1500-2000 sqft
- Detached
- 94 days on market
An exceptional investment 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 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 OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down. Talk about affordable! This property features three well-appointed suites with modern finishes throughout, including updated kitchens with subway tile backsplashes, stainless steel appliances, and in-suite laundry in each unit. Durable luxury vinyl plank flooring runs throughout, ensuring low maintenance and long-term durability. 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 allow for efficient expense management and increased net returns. The property is currently tenanted by reliable, long-term occupants who are easy to manage and paying at or slightly above market rents, providing immediate, consistent income. Additional features include four-car parking with front and rear alley access, a fully fenced and hardscaped backyard, and strong curb appeal with a covered front porch. Ideally located near Gage Park, Ottawa Street amenities, transit, and key commuter routes, this turnkey property represents a solid addition to any real estate portfolio with both income stability and future growth potential. RSA.
Listing Details
- Taxes (2026)
- $5,409
- Listed
- June 8, 2026
Price History
Listing history
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Property
- Style
- 2 1/2 Storey
- Construction
- Aluminum Siding, Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter
- Lot Size
- 28 x 95 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- CUMBERLAND AVE
- Parcel Number
- 172070303
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Built-in Microwave (3), Dishwasher (3), Dryer (3), Refrigerator (3), Stove (3), Washer (3), WindowCoverings
- Exclusions
- TENANT'S BELONGINGS
- Rental Items
- TANKLESS WATER HEATER
Schools
Elementary
- ÉÉC Notre-Dame0.3 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
Residential Freehold in Hamilton · last 12 months
- Median sold price
- $680,000
- Homes sold
- 4,967
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,967 recorded sales of residential freehold properties in Hamilton over the last 12 months.
Rooms
4-piece on Main, 4-piece on Second, 4-piece on Basement
Third
- Bedroom 216'3" x 11'5"
- Bedroom 317'11" x 10'1"
Second
- Bathroom
- Kitchen12'4" x 11'4"
- Laundry6' x 5'9"
- Living Room18'10" x 9'8"
- Primary Bedroom11'4" x 10'5"
Main
- Bathroom
- Kitchen21'4" x 12'11"
- Primary Bedroom11'8" x 11'7"
Basement
- Bathroom
- Bedroom 211'7" x 9'7"
- Kitchen19'3" x 12'8"
- Primary Bedroom13'1" x 8'11"
Listed by
RE/MAX ESCARPMENT REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$197,980
Estimated Monthly Payment
$4,863
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,863/mo (20% down, 5.5%)
Taxes: $451/mo · Insurance: $247/mo
Estimates only. Consult a financial advisor.
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