$989,900Asking Price
204 Balsam Avenue S, Hamilton, ON L8M 3B8
Blakeley, Hamilton
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.
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.
See MoreKey Info
- 2.5-Storey Detached
- 4-Car Driveway
- No Garage
- CUMBERLAND AVE
- 1500-2000 Approximate Sq Feet
- Basement: Finished, Full
- 3 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 28 x 95 Feet
- Aluminum Siding/Brick Exterior
- Taxes were $5,408 in 2026
- Possession: -
Details
- No Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #X13417808
- RE/MAX ESCARPMENT REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 21.33' x 12.93' | Combined with Dining |
| 2 | Bathroom | Main | 4-PieceBath | |
 | 1 4-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
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Who lives here?
Blakeley, Hamilton is a west GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. Residents tend to be older with a significant number of babies and adults aged 25 to 44, 25 to 44, 25 to 44 and 25 to 44.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Singles
58%
of residents are
single and loving it.
58% singles
Hamilton (46%)Renters
61%
of residents
are renters.
61% renters
Hamilton (32%)Education
19%
of residents are
university grads.
19% university grads
Hamilton (28%)Income
Average Household Income
$67K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 16% |
| Trades | 12% |
| Business | 7% |
| Government | 6% |
| Health | 5% |
Immigrants
17%
of residents were
born outside of Canada.
17% immigrants
Hamilton (25%)Birthplace - All
2.2% from Caribbean
All-time
Birthplace - Recent
0.2% from UK
Recent
Foreign Languages
Foreign Languages
| French | 3% |
| Polish | 2% |
| Spanish | 1% |
| Ukrainian | 1% |
| Portuguese | 1% |
Religions
Religions
| Christian | 69% |
| Muslim | 1% |
