27 Melrose Ave S

Hamilton, ON L8M 2Y4
  • $799,000

    Price
  • 7

    Bed
  • 4

    Bath
  • 1,500

    SqFt

About the Listing 384000 -

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.

Listing Highlights

Status Active
Days on Site 65
Property Type Multi-Family
MLS ® X12534118
Year Built
Total Square Footage 1,500
Lot/Acreage N/A
County Hamilton
Neighborhood Stripley

Interior Details

  • Bedrooms: 7
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Walk-Up,Separate Entrance
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof: Asphalt Shingle
  • Others:
  • Sewer: Sewer
  • Parking Features: Front Yard Parking

Financial Details

  • Tax Amount: $5,689
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 172110049
  • Tax Year: 2024

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27 Melrose Ave S Hamilton, ON L8M 2Y4

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