27 Melrose Avenue S Hamilton (Stripley), Ontario L8M 2Y4
$999,000
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:41954)
Property Details
| MLS® Number | X12292174 |
| Property Type | Multi-family |
| Community Name | Stripley |
| Amenities Near By | Park, Place Of Worship, Public Transit, Schools |
| Community Features | Community Centre |
| Parking Space Total | 5 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 7 |
| Appliances | Dishwasher, Dryer, Two Stoves, Two Washers, Two Refrigerators |
| Basement Features | Separate Entrance, Walk-up |
| Basement Type | N/a |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 1500 - 2000 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Garage |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 120 Ft |
| Size Frontage | 33 Ft ,9 In |
| Size Irregular | 33.8 X 120 Ft |
| Size Total Text | 33.8 X 120 Ft |
| Zoning Description | C |
https://www.realtor.ca/real-estate/28621146/27-melrose-avenue-s-hamilton-stripley-stripley
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July 17 2025 09:34:36
Toronto Real Estate Board
Keller Williams Complete Realty