115 Balsam Avenue

About This Property

Beautifully maintained solid brick 2.5-storey home in Hamilton's prestigious St. Clair neighbourhood, blending timeless character with thoughtful modern upgrades. Currently configured as 3 non-conforming units including a bachelor suite, 1-bedroom unit, and spacious 3-bedroom unit with bonus loft - offering exceptional flexibility for investors, multi-generational families, or buyers looking to offset carrying costs with rental income.This bright and inviting property features gorgeous original trim, hardwood floors, quartz countertops, stainless steel appliances, private front driveway parking, and in-suite laundry in each unit. Significant updates include attic insulation (2020), electrical upgrades (2015/2020), separate panel for the second-floor unit with dedicated lines for future hydro separation, boiler (2021), roof (2014), on-demand hot water system (2024), and mini-split A/C units servicing the main, second, and loft levels.Located steps to Gage Park, St. Peter's Hospital, transit, schools, and amenities, this versatile property offers strong value in one of Hamilton's most desirable neighbourhoods. Let this home pay for itself with the rental income of $5000+/month.