$XXX,XXX
Status: Sold on Apr 05, 2024
Rare Legal Non Conforming Triplex with excellent cap rate of approximately 5.80% and a Proposed market rent rate cap rate of over 10%+. Solid all brick huge building with 3 x 3 bedroom units & 1 x 1 bedroom in basement unit. Meets fire code with Interconnected smoke detectors, fire pull stations, self closing steel fire doors and proper exits. The building is 3120+- not including the basement apt. The Main floor apt was recently re-furbished with all new carpet, fresh paint & new blinds & is vacant. Ideal for live-in or set your own rent. Some up-dates include newer high efficiency furnace, newer shingles and 200 Amp service with circuit breakers. Tenants are month to month, rents include all utilities. 24 Hour notice required for all showings.
Price | :$879,000 |
Property Taxes | :$3052.80 |
Tax Year | :2023 |
Bedrooms | :9 + 1 |
No. of Rooms | :18 |
Air Conditioning | :None |
Heating | :Forced Air |
Place of Worship | :No |
Cross Street | :Balsam Ave & Afton Ave |
Bathrooms | :4 |
Fuel | :Gas |
Elevator | :No |
Approx Square Footage | :3000-3500 sqft |
Virtual Tour | :Virtual Tour (External Link) |
Living | :4.27 m x 3.56 m |
Kitchen | :2.84 m x 2.64 m |
2nd Br | :2.93 m x 2.84 m |
Bathroom | :2.17 m x 1.46 m |
Living | :0.00 m x 0.00 m |
Br | :0.00 m x 0.00 m |
Dining | :3.78 m x 3.66 m |
Br | :2.93 m x 2.84 m |
3rd Br | :2.82 m x 2.14 m |
Sunroom | :5.89 m x 1.91 m |
Kitchen | :0.00 m x 0.00 m |
Bathroom | :0.00 m x 0.00 m |
Exterior Finish | :Brick, Vinyl Siding |
Internet | :Yes |
Parking Space | :2 |
Basement | :Finished |
Garage | :None |
Laundry Level | :Lower |
Park | :Park |
Public Transit | :No |
School | :No |
05 Apr, 2024
TREB #X8181534
Sold
$920000.00
Sign in to view full price history of this property
203 Balsam Ave S brings to you its latest residential development at a prime location in Hamilton, Ontario.
RE/MAX ESCARPMENT REALTY INC. presents 203 Balsam Ave S to the aspiring future-residents. The Property is for Sale and Sold, it offers high capital appreciation and available at a price of 879,000. 203 Balsam Ave S is the most luxurious Resedential nestled in Blakeley, Hamilton, Ontario Canada. 203 Balsam Ave S development is a master-planned residential community located in Canada. These mesmerizing and breath-taking Detached are the ideal fit for those who aspire to live an opulent life in the most sought-after locality. the area is intended to create a safe and welcoming pedestrian experience. The residences of 203 Balsam Ave S embody modern sophistication combined with the charm of the classic.
The residents at 203 Balsam Ave S can enjoy exclusive access to an array of top-notch area size 3000-3500 sqft. Wait there’s more! 203 Balsam Ave S also offers impressive exterior and interior features and finishes to offer you a lavishing lifestyle. It also covers 9+1 beds, 4 baths.
Square Yards is offering Cashback amount of $4,395 on Booking the inventory, the project is live since 21 Days, there is No change in Price . Hamilton Real Estate offers mls multiple listing service from the real estate board of Hamilton. Square Yards offers quality services provided by trusted real estate agent and professionals who support in buying home or renting a property.