22 hours on Market

27 Melrose Ave, Hamilton, Ontario L8M 2Y4

Townhouse
5 + 2
4
~1500-2000 sqft
$999,000
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Townhouse
5 + 2
4
~1500-2000 sqft

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Highlights

Property Estimate

Days on market22 hours

Estimated valueNot available

Price/Sqft$583/sqft

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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.


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

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Townhouse - for the past 30 days

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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