139 Balsam Avenue, Hamilton

Price: $494,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X12517074

Charming and Versatile Home with Ample Living Space. Discover this unique and versatile 2.5-storey home that perfectly blends comfort, convenience, and style. Growing family? Need space for extended family members? Looking for an investment opportunity? This property has it all! This lovely home offers expansive living space, maximizing square footage for family living or creative uses such as a home office, guest room, or recreational area. Carpet free with a combination of quality laminate and ceramic flooring is easy to maintain, perfect for allergy suffers, and provides a modern and durable surface that withstands daily wear and tear. The covered porch provides a relaxing outdoor space that can be enjoyed year-round, sheltered from the elements, and perfect for morning coffee or evening relaxation. Parking is only a few short steps away from the entrance providing convenient access to the home, making unloading groceries or managing everyday tasks more efficient and hassle-free. And the backyard is fully fenced offering a safe and private outdoor space for children and pets to play, as well as an outdoor space for entertaining guests. Location location location...grocery, financial, electronics, health & beauty, fashion and more are less than a 10-minute drive away at The Centre on Barton. Any medical needs are only a 2-minute drive to St. Peters Hospital. And Gage Park is a short walk away and offers a variety of outdoor leisure opportunities. Add this to your favorites AND check it out!

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$494,000 - 139 Balsam Avenue, Hamilton

Detached for Sale in Hamilton

136 days on market
5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X12517074
Property Type
Detached
Status
active
Days on Site
136
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROCK STAR REAL ESTATE INC.
Description

Charming and Versatile Home with Ample Living Space. Discover this unique and versatile 2.5-storey home that perfectly blends comfort, convenience, and style. Growing family? Need space for extended family members? Looking for an investment opportunity? This property has it all! This lovely home offers expansive living space, maximizing square footage for family living or creative uses such as a home office, guest room, or recreational area. Carpet free with a combination of quality laminate and ceramic flooring is easy to maintain, perfect for allergy suffers, and provides a modern and durable surface that withstands daily wear and tear. The covered porch provides a relaxing outdoor space that can be enjoyed year-round, sheltered from the elements, and perfect for morning coffee or evening relaxation. Parking is only a few short steps away from the entrance providing convenient access to the home, making unloading groceries or managing everyday tasks more efficient and hassle-free. And the backyard is fully fenced offering a safe and private outdoor space for children and pets to play, as well as an outdoor space for entertaining guests. Location location location...grocery, financial, electronics, health & beauty, fashion and more are less than a 10-minute drive away at The Centre on Barton. Any medical needs are only a 2-minute drive to St. Peters Hospital. And Gage Park is a short walk away and offers a variety of outdoor leisure opportunities. Add this to your favorites AND check it out!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,534.48/mo

Includes CMHC insurance ($13,783)

$
$
5%10%50%

5-yr fixed avg.

Principal: $444,600Interest: $301,960
Mortgage Amount$458,383
Total Interest$301,960
Est. Property Tax$350/mo
Total Cost$760,343

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Hamilton

Discover Hamilton

Hamilton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Hamilton

  • Convenient location in Hamilton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Hamilton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

139 Balsam Avenue, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
7.6%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$350
Insurance (est.)-$103
Net Cash Flow+$3,147

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $329/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 136 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    139 Balsam Avenue, Hamilton | $494,000 | Battaglia Team