63 Melrose Avenue S, Hamilton, ON L8M 2Y4
Stipley, Hamilton · Near Melrose and Dunsmure Road · View map
About this home
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!
The home
- Type
- Duplex
- Style
- 2 1/2 Storey
- Square footage
- 2500-3000 sq ft
- Bedrooms
- 6
- Bathrooms
- 4
- Kitchens
- 2
- Rooms
- 10
- Basement
- Full, Partially Finished
- Lot size
- 40 x 120 ft
- Faces
- East
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Detached
- Garage spaces
- 1
- Driveway spaces
- 2
- Total parking
- 3
- Parking features
- Private
Taxes & other
- Property taxes
- $4,765/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Immediate
- Cross street
- Melrose and Dunsmure Road
- Neighbourhood
- Stipley
More
- Price per sq ft
- ~$218 (at 2,750 sq ft)
- MLS® number
- X13769078
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The home and its surroundings
- Water Heater
- Park
- Public Transit
- School
- Porch
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
63 Melrose Avenue, Hamilton, ON L8M 2Y4
Stipley, Hamilton · Near Melrose and Dunsmure Road
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Listing history for 63 Melrose Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 63 Melrose Avenue S
Answers come straight from this home’s MLS® listing.
How much is 63 Melrose Avenue S listed for, and what would it cost each month?
63 Melrose Avenue S is listed for $599,900. With 20% down ($119,980), the mortgage payment would be roughly $2,420 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,817 a month, all in. That figure is an illustration, not a quote.
Is 63 Melrose Avenue S freehold or a condo, and is there a monthly fee?
63 Melrose Avenue S is a duplex in Stipley, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 63 Melrose Avenue S have?
63 Melrose Avenue S has 6 bedrooms and 4 bathrooms. The listing gives the style as 2 1/2 storey.
Does 63 Melrose Avenue S have a garage and parking?
Yes. The listing shows the garage as detached, with room for 1 car. The driveway adds 2 spaces. In total the listing counts 3 parking spaces.
Does 63 Melrose Avenue S have a finished basement?
The listing describes the basement as full, partially finished. Finished basement space is usually not counted in the square footage shown.
What style of home is 63 Melrose Avenue S?
63 Melrose Avenue S is a duplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 63 Melrose Avenue S, and what is the lot size?
The listing puts the home between 2,500 and 3,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 40 x 120 ft.
How is 63 Melrose Avenue S heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 63 Melrose Avenue S?
Property taxes are $4,765 a year (2026), or about $397 a month.
Where is 63 Melrose Avenue S?
63 Melrose Avenue S is in the Stipley community of Hamilton. The nearest main intersection is Melrose and Dunsmure Road. The postal code is L8M 2Y4.
Is 63 Melrose Avenue S still for sale?
Yes. It is an active listing (MLS® X13769078). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 63 Melrose Avenue S asking?
Similar properties for sale nearby right now include 4 Rosemont Avenue at $599,900 (6 bed), 90 Sherman Avenue N at $499,900 (7 bed) and 106 BARNESDALE Avenue N at $699,900 (4+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 63 Melrose Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 63 Melrose Avenue S?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.