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

$799,000

MLS® # 40787460

House For Sale In Stipeley, Hamilton, Ontario

$799,000

  • 7

    Bedrooms

  • 4

    Baths

  • 5

    Parking Spaces

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.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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