Detached House sold at 42 Balsam Avenue, Hamilton, Stipley, L8L 6Y3 - MLS: X9034648

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42 Balsam Avenue

Hamilton, Ontario, L8L 6Y3

$679,000$000000

Neighbourhood

Stipley
Major Intersection

Cannon St E & Gage Ave N

Listed Since: 314 day(s)
Last update: 245 day(s) ago

Overview

Property Type

Detached, 2 1/2 Storey
Bedrooms

2 + 1
Bathrooms

3
Basement

Full + Sep Entrance
Kitchen

1
Total Parking

2.0
Lot Size

83.50x25.00 (Feet)
Taxes

$2,415.77 (2023)
Type

Freehold

Property description for 42 Balsam Avenue, Hamilton, Stipley, L8L 6Y3

Welcome to this charming Legal non-conforming duplex located in the vibrant Stipley neighbourhood of Hamilton, Ontario. This property offers two distinct units, perfect for investors or those seeking a multi-family home. The main unit is fully updated and features a spacious bedroom located in the basement, complemented by a versatile living room that can easily be converted into a second bedroom. It includes a 4-piece bath in the basement and a 2-piece bath on the main level. Enjoy outdoor living with a beautiful backyard deck and full access to the backyard, ideal for entertaining or relaxation. The second unit is also fully updated, boasting two bedrooms and one bathroom. This unit is currently vacant and ready for immediate occupancy. It also features a private balcony, providing a serene spot to unwind and enjoy the fresh air. Situated in a friendly neighbourhood, this duplex is conveniently close to schools, parks, public transit, and local amenities. Great for investors or those looking to live in one unit and rent out the other, this property offers excellent income potential and flexibility. Additionally, the property includes two convenient parking spots, enhancing its appeal. Don't miss this unique opportunity to own a versatile property in a prime location. Whether you're looking for an investment property or a home to accommodate extended family, this duplex offers great potential. Main Floor tenants have agreed to vacate Sept 1st as per an N12.

Listed by REAL BROKER ONTARIO LTD.

Property details

MLS #

X9034648
Sq. Ft

Available Upon Request
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Pvt Double
Garage

None, 0.0 spaces
Total Parking

2.0
Family Room

Y
Den

Y
Exterior

Alum Siding
Fireplace

Y
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

n/a

MLS #

X9034648
Sq. Ft

Available Upon Request
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Pvt Double
Garage

None, 0.0 spaces
Total Parking

2.0
Family Room

Y
Den

Y
Exterior

Alum Siding
Fireplace

Y
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

n/a

Foyer

3.66 x 1.63 ft Main level
Kitchen

4.95 x 2.97 ft Main level

Eat-In Kitchen
Dining

3.96 x 3.40 ft Main level
Living

5.49 x 3.23 ft Main level
Bathroom

1.93 x 0.97 ft Main level

3 Pc Bath
Kitchen

3.38 x 2.97 ft 2nd level
Living

3.35 x 2.97 ft 2nd level
Br

4.17 x 3.00 ft 2nd level
Bathroom

1.90 x 1.75 ft 2nd level

4 Pc Bath
Br

10.11 x 4.09 ft 3rd level
Br

4.60 x 4.37 ft Bsmt level
Bathroom

2.67 x 2.18 ft Bsmt level

4 Pc Bath

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Estimated price

Date

Price

Change

2024-07-11

$674,403

---

Local Real Estate Price Trends

Active listings

Average Selling Price of a Detached

April 2025

$700,000

Last 3 Months

$555,000

Last 12 Months

$588,778

April 2024

$523,750

Last 3 Months LY

$647,639

Last 12 Months LY

$572,555

Change

-25%

Change

17%

Change

-3%

Number of Detached Sold

April 2025

Last 3 Months

Last 12 Months

April 2024

Last 3 Months LY

Last 12 Months LY

Change

300%

Change

300%

Change

50%

How many days Detached takes to sell (DOM)

April 2025

Last 3 Months

Last 12 Months

April 2024

Last 3 Months LY

Last 12 Months LY

Change

123%

Change

375%

Change

-10%

Average Selling price

Inventory Graph

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Down Payment ($)

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Closing Cost Calculator

This data is for informational purposes only.

Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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