ON > Hamilton > 202 - Gibson-Stipley South
Hamilton, ON L8M2Y4,27 MELROSE Avenue S
Hamilton, ON L8M2Y4,27 MELROSE Avenue S
Hamilton, ON L8M2Y4,27 MELROSE Avenue S
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Aaron MacRae

Aaron MacRae

+1(403) 852-2260
$999,000
Est. payment /mo
7 Beds
4 Baths
2,394 SqFt
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Sun Jul 27, 2:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,394 sqft

Price per Sqft $417

Subdivision 202 - Gibson/Stipley South

MLS® Listing ID 40751446

Bedrooms 7

Year Built 1915

Property Sub-Type Freehold

Source Cornerstone - Hamilton-Burlington

Property Description

Turnkey legal duplex in a quiet, tree-lined Downtown Hamilton neighborhood—just steps to schools, shopping, parks, Tim Hortons Field, community center, and with easy access to downtown and highways. Fully renovated from the studs, this 2.5-storey home features two large units and offers incredible flexibility for investors or owner-occupants. The main floor unit includes 2 bedrooms and 1 bath, with exclusive access to the finished basement offering 2 more bedrooms, 1 bathroom, and a large rec room. A kitchen rough-in is already in place, making it easy to convert the basement into a third self-contained unit. Main floor and basement are vacant—ideal for moving in or leasing out for strong income. The upper unit spans the 2nd and 3rd floors with 3 bedrooms, 2 full baths, and a private rear patio. Everything has been updated: wiring, plumbing, windows, insulation, drywall, roof, soffits, and fascia—making this a low-maintenance investment for years to come. Live in one unit and let your tenants help cover the mortgage, or lease out all three spaces for maximum returns. The backyard has been converted into parking—perfect for added income during football season. With potential for a 4-plex conversion and 6 months of free professional property management included, this is a rare opportunity to own a high-performing property 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

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Aaron MacRae

Agent

+1(403) 852-2260

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