Hamilton, ON L8M 2Y4,27 Melrose AVE S
Hamilton, ON L8M 2Y4,27 Melrose AVE S
Hamilton, ON L8M 2Y4,27 Melrose AVE S
22
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$849,900
Est. payment /mo
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7 Beds
4 Baths
New

27 Melrose AVE S Hamilton, ON L8M 2Y4

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Stripley

MLS Listing ID X12534118

Style 2 1/2 Storey

Bedrooms 7

Annual Tax Amount $5,689

Tax Year 2024

Property Sub-Type Duplex

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.

Location

Province ON

County Hamilton

Community Stripley

Area Hamilton

Rooms

Family Room No

Basement Walk-Up, Separate Entrance

Kitchen 2

Separate Den/Office 2

Interior

Interior Features None

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Front Yard Parking

Pool None

Roof Type Asphalt Shingle

Lot Frontage 33.79

Lot Depth 120.0

Total Parking Spaces 5

Building

Unit Features Library,Park,Place Of Worship,Public Transit,Rec./Commun.Centre,School

Foundation Stone

Others

ParcelsYN No


Listed by KELLER WILLIAMS COMPLETE REALTY

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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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27 Melrose AVE S