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$565K · 3 bed Detached · Blakeley, Hamilton | MyPropertyScout

$565,000

224 BALSAM Avenue

66 DOM

3166d

Map

⚡ Insider Deal

DOM 66

↓ $25KPrice Reduced

$565,000

↓ $25K

DOM66days

224 BALSAM Avenue

Hamilton · Ontario L8M 3C1

MLS® X13064282 · Blakeley · L8M 3C1

31OwnerOccupied700-1100 ft²Detached1-car DetachedFull, Partially Finished66d$628/ft²Lot 22.5 x 95 ft< .50 ac$3,527 tax/yrBuilt 1916110 yrs oldFull, Partially Finished

66 days on market

About this home

Cozy 2 Storey All Brick Home located in the Gage Park Area just below the Hamilton Escarpment. Located near trendy Ottawa Street Shopping and Restaurants, steps away from Gage Park and a quick drive to Centra Mall. Great School Catchment. Close to Mountain Accesses. 3 Bedrooms, Large LR/Dr Combo Partially Finished Basement. Updates include flooring and trim (2019), Painted (2019), High-efficiency furnace (2016), 50 year shingles on house and garage (2015), Insulated Detached Garage with dedicate…

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Property details

MLS#: X13064282
Status: Buy Now
Property class: Residential Freehold
Beds: 3
Baths: 1 full, 0 half
Rooms: 3 + 3
Kitchens: 1
Size: 700-1100Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: Full, Partially Finished
Style: 2-Storey
Type: Detached
Year built: 1916

PIN: 172070293
Roll / ARN: 251803025400910

Occupancy: Owner Occupied
Washrooms: 3 pc · Second
Family room: No
Central vacuum: No
Ensuite laundry: No

Roof: Asphalt Shingle
Foundation: Other
Property features: Fenced Yard, Park, Public Transit, School

Garage: 1-car Detached
Garage spaces: 1
Parking: 1 total
Lot: 22.5 × 95
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick Veneer
Fronting on: West
Cross street: AFTON/CUMBERLAND
Stories: —
Utilities: —
Laundry: —
Interior: Auto Garage Door Remote, Water Heater
Parking features: Lane

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Main	Kitchen	3.17m × 4.67m
Main	Dining Room	3.05m × 3.35m
Main	Living Room	3.68m × 3.73m
Second	Primary Bedroom	3.12m × 3.78m
Second	Bedroom 2	2.84m × 3.1m
Second	Bedroom 3	2.82m × 2.9m
Second	Bathroom	—
Basement	Recreation	2.84m × 6.1m
Basement	Laundry	—
Basement	Utility Room	—
Basement	Other	—

Seller signals

Price movement & seller pressure

↓ $25KPrice reduction

MLS shows the seller reduced the asking price by $24,900 (from $589,900 to $565,000).

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX ESCARPMENT REALTY INC.

Source: TRREB/PROPTX · MLS® X13064282

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$565K

224 BALSAM Avenue · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $565,000✓ $3,527 tax✓ Gas✓ 700-1100 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,444/mo

incl. closing costs (yr 1)

Annual total

$53,333

year 1

Mortgage only

$2,143/mo

principal + interest

Beyond mortgage

$1,195/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$113,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$294/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~900 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,650/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,775

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)48% $25,721/yr

Property taxes21% $11,302/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance11% $5,650/yr

Closing costs10% $5,100/yr

Mortgage is 48% of your true cost of ownership. The other 52% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$25,721	$2,143/mo
Government & taxes
Property tax	$3,527	$294/mo
Land transfer tax(closing)	$7,775	$648/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,650	$471/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$53,333	$4,444/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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224 BALSAM Avenue

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

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Annual costs