2 days on Market

63 Melrose Ave, Hamilton, Ontario L8M 2Y4

Townhouse
6
4
~2500-3000 sqft
$649,900
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Townhouse
6
4
~2500-3000 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$238/sqft

Monthly cost

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Description

An exceptional opportunity in the heart of the Gibson-Stipley neighbourhood! This large, updated and Vacant 2 unit property offers incredible flexibility for investors and owner-occupiers alike. With two spacious, move-in-ready units, the property is ready for a new owner to select their own tenants and establish current market rents from day one. Live in one unit while generating income from the other to help offset your mortgage, or add this turnkey property to your investment portfolio and maximize its rental potential. Looking for even more upside? The property also offers potential to create a third unit with separate side entrance, providing an exciting opportunity to further increase revenue and long-term value. Ideally situated in an established central Hamilton neighbourhood close to transit, schools, shopping, amenities and downtown.A rare opportunity to acquire a vacant, updated multi-unit property with strong income potential and multiple options for the future!


Property Details

Style2 1/2 Storey
View-
Age of property100+
SqFt~2500-3000 SqFt
Lot Size4,800 SqFt(120 x 40)
Parking Spaces3
MLS ®NumberX13769078
Community NameStipeley
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, Part Fin

3rd Floor

3rd Br

3.66 x 2.53

2nd Br

4.94 x 4.76


Features

Lot size: 4,800 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 2

Total parking spaces 3


Property History

Sep 11, 2026
ListedActive
$649,900
2 days on market
history photo preview49
Listing by trreb®
Property listed by RE/MAX ESCARPMENT REALTY INC., Brokerage
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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

2025

0 day

New Listings

Past 30 days

0 listing

Compared to

2025

3 listings

Units sold

Past 30 days

0 unit

Compared to

2025

0 unit

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