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63 MELROSE Avenue S, Hamilton, Ontario, L8M 2Y4

MLS® # 40859911
Investment For Sale In Stipeley, Hamilton, Ontario
$649,900
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
front foyer shared laundry - 63 Melrose Avenue S, Hamilton, ON
entry door main floor unit - 63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
kitchen main floor unit - 63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
2nd floor unit - 63 Melrose Avenue S, Hamilton, ON
2nd floor unit - 63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
top floor bedroom - 63 Melrose Avenue S, Hamilton, ON
top floor bedroom - 63 Melrose Avenue S, Hamilton, ON
top floor bedroom - 63 Melrose Avenue S, Hamilton, ON
basement - 63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
basement bedroom - 63 Melrose Avenue S, Hamilton, ON
basement bathroom - 63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
front foyer shared laundry - 63 Melrose Avenue S, Hamilton, ON
entry door main floor unit - 63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
kitchen main floor unit - 63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
2nd floor unit - 63 Melrose Avenue S, Hamilton, ON
2nd floor unit - 63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
top floor bedroom - 63 Melrose Avenue S, Hamilton, ON
top floor bedroom - 63 Melrose Avenue S, Hamilton, ON
top floor bedroom - 63 Melrose Avenue S, Hamilton, ON
basement - 63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
basement bedroom - 63 Melrose Avenue S, Hamilton, ON
basement bathroom - 63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
63 Melrose Avenue S, Hamilton, ON
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MULTIMEDIA

63 MELROSE Avenue S, Hamilton, Ontario, L8M 2Y4
$649,900

Property Information:

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! (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Brick, Other
  • Floor Space: 2668 sqft Square Feet
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning
  • Appliances: Microwave Built-in

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Amenities Nearby: Park, Public Transit, Schools
  • Built in: 1915
  • Features: Skylight
  • Floor Space (approx): 2668 Square Feet
  • Irregular: Yes
  • Lot Depth: 120 Feet
  • Lot Frontage: 40 Feet
  • Lot Size: 0.11 Acres
  • Zoning: C
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage
  • No. of Parking Spaces: 3

Courtesy of: RE/MAX Escarpment Realty Inc.

REALTOR.ca  

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Market Price Trends

Single family detached

0.15%

Price change (1 year)

13.36%

Price change (5 years)

All Properties

0.19%

Price change (1 year)

13.5%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 63 MELROSE Avenue S, Hamilton, Ontario, L8M 2Y4

Demographic Information of 63 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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