27 Melrose Avenue S, Hamilton, Ontario L8M 2Y4

Listed for:
$849,900
7 beds
4 baths
Listed 1 day ago
Duplex for rent: 27 Melrose Avenue S, Hamilton, Ontario L8M 2Y4

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Learn more about this property
Listing provided by:
Keller Williams Complete Realty
MLS® number:
40787464
Agent:
Sandy Mackay
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About

Take Main to Melrose; go south. 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:27476)

Property Highlights

MLS® Number
40787464
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
6

Building

Building Type
Duplex
Storeys
2.50
Square Footage
2394 sqft
Bathrooms Total
4
Bedrooms Total
7
Amenities
Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location