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$949,000Asking Price

27 Melrose Avenue S, Hamilton, ON L8M 2Y4

Stripley, Hamilton

Duplex
5 + 2
Bedrooms
4
Baths
5
Parking
Days on Market

Turnkey legal duplex in a quiet, tree-lined Downtown Hamilton neighborhood - just steps to schools, shopping, parks, Tim Hortons Field, community center, and with easy access to downtown and highways. Fully renovated from the studs, this 2.5-storey home features two large units and offers incredible flexibility for investors or owner-occupants. The main floor unit includes 2 bedrooms and 1 bath, with exclusive access to the finished basement offering 2 more bedrooms, 1 bathroom, and a large rec room. A kitchen rough-in is already in place, making it easy to convert the basement into a third self-contained unit. Main floor and basement are vacant - ideal for moving in or leasing out for strong income. The upper unit spans the 2nd and 3rd floors with 3 bedrooms, 2 full baths, and a private rear patio. Everything has been updated: wiring, plumbing, windows, insulation, drywall, roof, soffits, and fascia - making this a low-maintenance investment for years to come. Live in one unit and let your tenants help cover the mortgage, or lease out all three spaces for maximum returns. The backyard has been converted into parking - perfect for added income during football season. With potential for a 4-plex conversion and 6 months of free professional property management included, this is a rare opportunity to own a high-performing property in a prime Hamilton location.

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Tour this home:

Turnkey legal duplex in a quiet, tree-lined Downtown Hamilton neighborhood - just steps to schools, shopping, parks, Tim Hortons Field, community center, and with easy access to downtown and highways. Fully renovated from the studs, this 2.5-storey home features two large units and offers incredible flexibility for investors or owner-occupants. The main floor unit includes 2 bedrooms and 1 bath, with exclusive access to the finished basement offering 2 more bedrooms, 1 bathroom, and a large rec room. A kitchen rough-in is already in place, making it easy to convert the basement into a third self-contained unit. Main floor and basement are vacant - ideal for moving in or leasing out for strong income. The upper unit spans the 2nd and 3rd floors with 3 bedrooms, 2 full baths, and a private rear patio. Everything has been updated: wiring, plumbing, windows, insulation, drywall, roof, soffits, and fascia - making this a low-maintenance investment for years to come. Live in one unit and let your tenants help cover the mortgage, or lease out all three spaces for maximum returns. The backyard has been converted into parking - perfect for added income during football season. With potential for a 4-plex conversion and 6 months of free professional property management included, this is a rare opportunity to own a high-performing property in a prime Hamilton location.

Key Info

  • 2.5-Storey Duplex
  • 4+ Parking
  • No Garage
  • King St E
  • 1500-2000 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $5,689 in 2024
  • Possession: Flexible

Details

  • Brick Exterior
  • No Fireplace
  • 2 Kitchens
  •  
  • MLS #X12292174
  • KELLER WILLIAMS COMPLETE REALTY

Extras

Room Floor Dimensions Details
Washroom1 3-Piece Bathroom
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom on Main Floor

Who lives here?

Stripley, Hamilton is a west GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. Residents tend to be younger with a significant number of babies, kids aged 5 to 9, youth aged 20 to 24 and adults aged 25 to 44 and 25 to 44.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

57% of residents are
single and loving it.

57% singles

Hamilton (46%)

Renters

47% of residents
are renters.

47% renters

Hamilton (32%)

Education

17% of residents are
university grads.

17% university grads

Hamilton (28%)

Income

Average Household Income

$67K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 16%
Trades 11%
Business 7%
Health 6%
Government 6%

Immigrants

18% of residents were
born outside of Canada.

18% immigrants

Hamilton (25%)

Birthplace - All

Italy was once home to 1.9% of immigrants.
Caribbean 1.9%
UK 1.4%
Poland 1.1%
Portugal 0.9%

1.9% from Italy
All-time

Birthplace - Recent

Jamaica was once home to 0.1% of immigrants.
China 0.1%
Philippines 0.1%
Nigeria 0.1%

0.1% from Jamaica
Recent

Foreign Languages

Foreign Languages

Italian 2%
Polish 2%
Spanish 2%
French 1%
Portuguese 1%

Religions

Religions

Christian 55%
Muslim 1%
Jewish 1%