63 Melrose Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey duplex located in the coveted neighborhood of Stipley. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $649,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 40 x 120 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
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!
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Property Summary
This duplex located at 63 Melrose Avenue, Hamilton is currently for sale and has been available on SousaSells for 1 day. This property is listed at $649,900 with an estimated mortgage of $2,163* per month. It has 6 beds, 4 bathrooms, and is 2500-3000 square feet. 63 Melrose Avenue, Hamilton is in the Stipley neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Stipley, Hamilton.
- •6 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •2500-3000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Stipley, Hamilton.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Park
- Public Transit
- School
Interior Features
- Water Heater
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Hamilton?
If you are looking for a house in Hamilton or researching Hamilton real estate for sale, this 6-bedroom duplex at 63 Melrose Avenue, Hamilton, ON offers an exceptional opportunity to buy a home in Hamilton, Ontario. Whether you are a first-time Hamilton home buyer or comparing active Hamilton MLS® homes for sale, working with a dedicated Hamilton buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Hamilton realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Hamilton Buyer Budget & Costs
Estimated mortgage: $2,163*/month*. Estimated Ontario Land Transfer Tax: $9,473. First-time Hamilton home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Hamilton
Frequently Asked Questions about 63 Melrose Avenue, Hamilton, ON
Q.What is the asking price for 63 Melrose Avenue, Hamilton, ON ?
The current listing price for 63 Melrose Avenue, Hamilton, ON in Stipley, Hamilton is $649,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 4 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 63 Melrose Avenue, Hamilton, ON ?
63 Melrose Avenue, Hamilton, ON is a Duplex (2 1/2 Storey) featuring a Full, Partially Finished basement.
Q.What key property features does 63 Melrose Avenue, Hamilton, ON offer?
Key property features include: Park, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Stipley, Hamilton
23 assaults (45.0/100k)
11 B&E (40.0/100k)
15 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 63 Melrose Avenue S, Hamilton, ON L8M 2Y4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $649,900 in Hamilton, the legal minimum down payment is $39,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,473 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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