• Mobile: 416-315-2319
  • Office: 905-828-1122
  • Fax: 905-828-7925

$649,900
Available - For Sale
Listing ID: X13769078
63 Melrose Avenue South , Hamilton, L8M 2Y4, Hamilton


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!
Price $649,900
Taxes: $4765.14
Occupancy: Vacant
Address: 63 Melrose Avenue South , Hamilton, L8M 2Y4, Hamilton
Directions/Cross Streets: Melrose and Dunsmure Road
Rooms: 10
Rooms +: 3
Bedrooms: 6
Bedrooms +: 0
Family Room: F
Basement: Full, Partially Fi
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Ground Living Ro 12.99 11.41
Room 2 Ground Kitchen 16.7 11.28
Room 3 Ground Dining Ro 11.12 13.09
Room 4 Ground Bedroom 7.08 11.15
Room 5 Basement Bedroom 2 13.28 10
Room 6 Basement Bedroom 3 8.99 16.6
Room 7 Basement Recreatio 23.48 11.41
Room 8 Second Kitchen 8.99 10.79
Room 9 Second Living Ro 10.79 10.79
Room 10 Second Dining Ro 13.09 10.59
Room 11 Second Bedroom 12.2 .92
Room 12 Third Bedroom 2 16.2 15.61
Room 13 Third Bedroom 3 12 8.3
Washroom Type No. of Pieces Level
Washroom Type 1 4 Ground
Washroom Type 2 4 Second
Washroom Type 3 4 Third
Washroom Type 4 4 Basement
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 100+
Property Type: Duplex
Style: 2 1/2 Storey
Exterior: Brick, Other
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 2
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2500-3000
Property Features: Park, Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.
Personal Picture
Faro Abrishami
Sales Representative
Dir:
416-315-2319
Bus:
905-828-1122
Fax:
905-828-7925
 
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At a Glance:
Type: Freehold - Duplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stipley
Style: 2 1/2 Storey
Lot Size: x 120.00(Feet)
Approximate Age: 100+
Tax: $4,765.14
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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