86 days on Market

27 Melrose Ave, Hamilton, Ontario L8M 2Y4

Townhouse
5 + 2
4
~1500-2000 sqft
$•••,•••
$874,900
Get pre-qualifiedPowered by nesto
Buy with Wahi to get
Up to
$4,375Cashback
Townhouse
5 + 2
4
~1500-2000 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market86 days

Estimated valueNot available

Price/Sqft$510/sqft

Monthly cost

Open Calculator

CMA Subject Property

Curious about what homes are selling for in this area?

Get a report on comparable homes with helpful insights and trends.

*Based on last 30 days

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.


Property Details

Style2 1/2 Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size4,054 SqFt(120 x 33.79)
Parking Spaces5
MLS ®NumberX12292174
Community NameStipeley
Data SourceTRREB
Listing byKELLER WILLIAMS COMPLETE REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Walk-Up, Sep Entrance

Features

Lot size: 4,054 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Market Data - Stipeley

Geo Zone Map ThumbnailStipeley

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

New Listings

Past 30 days

1 listing

Compared to

Units sold

Past 30 days

0 unit

Compared to

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 6276
Average household income $91,677

Age (%)

0 to 19
21%
20 to 34
26%
35 to 49
21%
50 to 64
19%
65 and plus
12%

Household composition (%)

Single family
54%
Single person
37%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
87%
Spanish
2%
Italian
2%
Polish
2%
Portuguese
1%
French
1%
Vietnamese
1%
Arabic
1%
Others
1%

House tenancy (%)

Renters
51%
Owners
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget