27 MELROSE Avenue S Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8M2Y4
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,394 sqft
Price per Sqft $365
Subdivision 202 - Gibson/Stipley South
MLS Listing ID 40751446
Bedrooms 7
Year Built 1915
Property Sub-Type Freehold
Source Cornerstone Association of REALTORS®
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. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features Yes
Community Features Community Centre
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://degbfm0bobp7.cloudfront.net/storage/3de2f636-fe8f-44f9-b870-5bbb1f8d1d18/delivery/02630c66-3afc-4b7f-f4c8-08ddbed05bf0/videos/133967263398741130__27_Melrose_Ave_S_Hamilton_Video.mp4