63 Melrose Avenue S, Hamilton, ON L8M 2Y4
Hamilton, ON, L8M 2Y4 · Stipley
About this property
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!
Features & Amenities
- Basement: Full, Partially Finished
- Garage: Detached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2 1/2 Storey
- Construction: Brick, Other
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Duplex |
| Architectural Style | 2 1/2 Storey |
| Bedrooms | 6 |
| Bathrooms | 4 |
| Basement | Full, Partially Finished |
| Garage | Detached |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $4,765 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Water Heater
- Fireplace
- Yes
Exterior Features
- Exterior Features
- Porch
- Pool Features
- None
Building & Construction
- Architectural Style
- 2 1/2 Storey
- Construction Materials
- Brick, Other
- Foundation Details
- Concrete Block
- Roof
- Asphalt Shingle
- Basement
- Full, Partially Finished
- Approximate Age
- 100+
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 2
- Parking Total
- 3.00
- Parking Features
- Private
- Covered Spaces
- 1
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 120.00
- Lot Width
- 40.00
Community & Neighborhood
- Property Features
- Park, Public Transit, School
Financial & Tax
- Tax Annual Amount
- $4,765
- Tax Year
- 2026
- Possession Type
- Immediate
- Possession Details
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 10
- Rooms Below Grade
- 3
- Kitchens Above Grade
- 2
- Kitchens Total
- 2
- Bedrooms Above Grade
- 6
Additional Details
- Occupant Type
- Vacant
- Direction Faces
- East
- County Or Parish
- Hamilton
- Cross Street
- Melrose and Dunsmure Road
- Directions
- Melrose and Dunsmure Road
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
63 Melrose Avenue S, Hamilton, ON L8M 2Y4, Hamilton, ON, L8M 2Y4