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Home ON Greater Hamilton Hamilton Old Hamilton Stipeley
27 MELROSE Avenue S
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27 MELROSE Avenue S $799,000
Price Change on 12/05/2025
$799,000
-$50,900
$849,900
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27 MELROSE Avenue S
Hamilton, Ontario L8M2Y4

MLS® Number: 40787464
7
Bedrooms
4
Bathrooms
2394
Square Feet

Listing 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. (69879630)

Location Description

Take Main to Melrose; go south.

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2.5
Square Footage
2394 sqft
Subdivision Name
202 - Gibson/Stipley South
Title
Freehold
Land Size
under 1/2 acre
Built in
1915
Annual Property Taxes
$5,689.11
Parking Type
Detached Garage
Time on REALTOR.ca
34 days

Building

Bathrooms
Total
4
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Stone
Rental Equipment
Water Heater
Total Units
2
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Public Transit, Schools
Parking
Parking Type
Detached Garage
Total Parking Spaces
6

Measurements

Square Footage
2394 sqft
Above Grade Finished
1734 sqft
Source: Other
Below Grade Finished
660 sqft
Source: Other

Land

Lot Features
Frontage
34 ft
Land Depth
120 ft
Other Property Information
Zoning Description
C
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