27 MELROSE AVENUE S, Hamilton, Ontario, L8M 2Y4

MLS® # X12534118

Investment For Sale In Stipeley, Hamilton, Ontario

$799,000

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27 Melrose Avenue S, Hamilton, ON - Outdoor With Deck Patio Veranda

27 Melrose Avenue S, Hamilton, ON - Outdoor

27 Melrose Avenue S, Hamilton, ON - Outdoor With Deck Patio Veranda With Exterior

27 Melrose Avenue S, Hamilton, ON - Indoor Photo Showing Other Room

27 Melrose Avenue S, Hamilton, ON - Indoor Photo Showing Kitchen

27 Melrose Avenue S, Hamilton, ON - Indoor Photo Showing Bathroom

27 Melrose Avenue S, Hamilton, ON - Indoor

27 Melrose Avenue S, Hamilton, ON - Outdoor With Exterior

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27 MELROSE AVENUE S, Hamilton, Ontario, L8M 2Y4

$799,000

Property Information:

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:27)

Building Features:

Style: Multiplex
Building Type: Duplex
Basement Type: N/A, N/A
Exterior Finish: Brick
Floor Space: 1500 - 2000 sqft
Foundation Type: Stone
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Two stoves

Property Features:

Property Type: Multi-family
Bedrooms: 5+2
Bathrooms: 4
Amenities Nearby: Park, Public Transit, Schools
Community Features: Community Centre
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 120.0 Feet
Lot Frontage: 33.8 Feet
Lot Size: 33.8 x 120 FT
Zoning: C
Sewer: Sanitary sewer
Parking Type: Garage
No. of Parking Spaces: 5

Courtesy of: KELLER WILLIAMS COMPLETE REALTY

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Location of 27 MELROSE AVENUE S, Hamilton, Ontario, L8M 2Y4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 27 MELROSE AVENUE S , experiences 7 hot days per year at around 31.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.4 degrees Celsius.

Projected Avg. Temperature

Past

31.8℃

2050

35.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 27 MELROSE AVENUE S , experiences 11 significant 2-day storms per year, with about 306.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 380.3mm of precipitation per year.

Precipitation Per Storm

Past

306.8mm

2050

380.3mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 27 MELROSE AVENUE S, Hamilton, Ontario, L8M 2Y4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$95,647.31

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.06 %

High school certificate or equivalent

32.9 %

Apprenticeship trade certificate/diploma

6.38 %

College/non-university certificate

19.62 %

University certificate (below bachelor)

0.62 %

University Degree

17.42 %

Commuter

Travel To Work

By Car

69.37 %

By Public Transit

19.85 %

By Walking

6.7 %

By Bicycle

1.02 %

By Other Methods

3.06 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

30.02 %

Houses

69.98 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

Location of 27 MELROSE AVENUE S, Hamilton, Ontario, L8M 2Y4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 27 MELROSE AVENUE S, Hamilton, Ontario, L8M 2Y4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

27 MELROSE AVENUE S, Hamilton, Ontario, L8M 2Y4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing