195 Balmoral Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable Other multiplex located in the coveted neighborhood of Crown Point. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,599,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 12 Bedrooms and 6 Bathrooms with 6 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 50 x 100 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Selling 195 Balmoral and 1129 Cannon St E, Excellent sixplex opportunity, Located in the highly sought-after Crown Point neighbourhood, This Multiplex has three buildings & six self-contained units, each offering generously sized two bedrooms, a kitchen, and a comfortable living area. All units are equipped with separate hydro meters. 4 Units are completely renovated and complete with most new necessary appliances. The property is situated in a friendly community close to Tim Hortons Field, schools, a recreation centre, Gage Park, shopping, and much more. This property is ideal for investors seeking stable cash flow with upside. A solid multi-unit to add to any portfolio. Note: Property Is Also Assessed As 1129 Cannon St. (Property Taxes Billed Under 1129 Cannon And195 Balmoral). Additional Arn 251804028351980. For more details see the attachments.
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Pricing & Value Insights
Data-driven valuation for 195 Balmoral Avenue N, Hamilton, ON L8L 2J7
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About Purchasing a Home in Hamilton, ON
For a property listed at $1,599,000 in Hamilton, the legal minimum down payment is $319,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $28,455 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $28,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.