$2,800,000 | Gibson/Stipley South Hamilton for Sale at 109 Balsam Avenue S Hamilton

Outstanding opportunity to acquire a 16-unit, 4-storey brick apartment building in a prime Hamilton location near Gage Park and the future LRT line. All suites are self-contained and separately hydro-metered. The property features a strong mix of mostly renovated units achieving near-market rents, with further upside potential through ongoing turnover. The building has benefited from substantial capital expenditures over the past decade, ensuring a well-maintained and efficient asset. Ideally suited for investors seeking a solid addition to their portfolio in one of Hamilton’s most promising growth corridors. (id:6289)

Gibson/Stipley South Map, Demographics, Characteristics