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$799,000

27 MELROSE Avenue S, Hamilton, Ontario, L8M 2Y4

MLS® # 40787460

5+2 Beds

Baths

2394  FEETSQ

QuickQuoteTM: Not Available

Hamilton ON, L8M 2Y4

MLS® # 40787460

Property Information:

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. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Finished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 2394 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 5+2
  • Bathrooms: 4
  • Amenities Nearby: Park, Playground, Public Transit, Schools
  • Community Features: Community Centre
  • Floor Space (approx): 2394 Square Feet
  • Lot Depth: 120 Feet
  • Lot Frontage: 34 Feet
  • Zoning: C
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 5

Rooms:

  • Bathroom 2nd Level Measurements not available
  • Bedroom 2nd Level 11'3'' x 8'7''
  • Bedroom 2nd Level 9'6'' x 10'5''
  • Living 2nd Level 10'4'' x 10'2''
  • Kitchen 2nd Level 8'11'' x 10'4''
  • Bedroom 3rd Level 10'0'' x 6'0''
  • Bathroom 3rd Level Measurements not available
  • Recreation Room 3rd Level 27'5'' x 9'1''
  • Bedroom Basement Level 11'10'' x 8'4''
  • Bathroom Basement Level Measurements not available
  • Bedroom Basement Level 13'2'' x 9'0''
  • Recreation Room Basement Level 20'7'' x 12'1''
  • Bathroom Main Level Measurements not available
  • Bedroom Main Level 11'1'' x 9'10''
  • Bedroom Main Level 11'1'' x 8'7''
  • Living Main Level 13'3'' x 12'1''
  • Kitchen Main Level 9'5'' x 9'10''

Courtesy of: Real Broker Ontario Ltd.

REALTOR.ca  

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Location of 27 MELROSE Avenue S, Hamilton, Ontario, L8M 2Y4

Demographic Information of 27 MELROSE Avenue S, Hamilton, Ontario, L8M 2Y4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$95,647.31

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.06 %

High school certificate or equivalent

32.9 %

Apprenticeship trade certificate/diploma

6.38 %

College/non-university certificate

19.62 %

University certificate (below bachelor)

0.62 %

University Degree

17.42 %

Commuter

Travel To Work

By Car

69.37 %

By Public Transit

19.85 %

By Walking

6.7 %

By Bicycle

1.02 %

By Other Methods

3.06 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

30.02 %

Houses

69.98 %

Own Vs. Rent