For Sale

27 Melrose Avenue, Hamilton, Ontario L8M 2Y4

$0

27 Melrose Avenue, Hamilton, Ontario L8M 2Y4 is For Sale and has a listing price of 874,900. The property is located in the Stipeley neighbourhood . It's been on the website for 95 Days.

  • Duplex
    Property Type
  • 7
    Bedrooms
  • 4
    Bathrooms
  • Parking
  • MLS ID: X12292174
  • Office Name KELLER WILLIAMS COMPLETE REALTY
Property Description

Rare 3-unit opportunity in a quiet, tree-lined Downtown Hamilton neighbourhood. Steps to schools, shopping, parks, Tim Hortons Field, community centre, and with easy access to downtown and highways. Fully renovated from the studs, this 2.5-storey property is a legal duplex with a finished basement already roughed-in for a third self-contained unit, offering exceptional flexibility for investors or owner-occupants. The main floor includes 2 bedrooms and 1 bath, plus exclusive use of the finished basement with 2 more bedrooms, 1 bath, and a large rec room, easily converted to a separate suite. Both main and basement spaces are vacant, ideal for moving in or maximizing rental income. The upper unit spans the 2nd and 3rd floors with 3 bedrooms, 2 full baths, and a private rear patio. All major updates are done: wiring, plumbing, windows, insulation, drywall, roof, soffits, and fascia, ensuring low-maintenance ownership for years ahead. Live in one unit and rent two, or lease out all three for strong cash flow. The backyard has been converted to plenty of parking, perfect for added income during football season. With potential for a future 4-plex conversion and 6 months of free professional property management included, this is a rare chance to secure a high-performing 3-unit investment in a prime Hamilton location.

Property Details
  • Bedrooms: 7
  • MLS ID: X12292174
  • Bathrooms: 4
  • Price: $874,900
  • Lot Depth: 120
  • Transaction Types: For Sale
  • Ref ID: X12292174
  • Year Built: N/A
  • Approx Sqft: 1500-2000
  • Dir / Cross St: King St E
  • Status: Active
  • Tax Year: 2024
  • Property Type: Duplex
  • Property Type: All Houses
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
07/17/2025 X12292174 $874,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Stipeley
  • $698,060 Average List Price
    based on 1 year
  • 35 New Listings
    based on 30 days
  • 35 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.93 % Up
  • Sold (12mo) 39
  • Rented (12mo) 23

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
  • 91 Walk Score
    Walker's Paradise
  • 61 Transit Score
    Good Transit
  • 72 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2 1/2 Storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 5
  • Exterior Brick
  • Kitchen 2
  • Parking Y
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 4 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Taxes: $5,689
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 17/07/2025 19:47:00
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