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For saleMLS® X13769078

63 Melrose Avenue S, Hamilton, ON L8M 2Y4

Stipley · L8M 2Y4

$599,900

$240 / sq ft

1 months on market

Bedrooms
6
Bathrooms
4
Interior
2,500 sf
Parking
3
Lot
40 × 120 ft
Age
100+ years

What's special

  • Detached garage
  • Central air
  • Finished basement
  • Fireplace
  • Water heater

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About this property

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!

Rooms

13 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomGround3.96 × 3.48 m13.0 × 11.4 ft—
KitchenGround5.09 × 3.44 m16.7 × 11.3 ft—
Dining RoomGround3.39 × 3.99 m11.1 × 13.1 ft—
BedroomGround2.16 × 3.40 m7.1 × 11.2 ft—
KitchenSecond2.74 × 3.29 m9.0 × 10.8 ft—
Living RoomSecond3.29 × 3.29 m10.8 × 10.8 ft—
Dining RoomSecond3.99 × 3.23 m13.1 × 10.6 ft—
BedroomSecond3.72 × 0.28 m12.2 × 0.9 ft—
Bedroom 2Third4.94 × 4.76 m16.2 × 15.6 ft—
Bedroom 3Third3.66 × 2.53 m12.0 × 8.3 ft—
Bedroom 2Basement4.05 × 3.05 m13.3 × 10.0 ft—
Bedroom 3Basement2.74 × 5.06 m9.0 × 16.6 ft—
RecreationBasement7.16 × 3.48 m23.5 × 11.4 ft—

Features

  • Water Heater

Property details

Property

Property type
multiplex
Bedrooms
6
Bathrooms
4
Interior size
2,500 sq ft
Year built
100+
Lot size
40 × 120 ft
Zoning
C
Possession
Immediate

Interior

Basement
Full, Partially Finished
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
1
Exposure
East

Exterior & services

Construction
Brick, Other
Garage
Detached
Parking spaces
3
Sewer
Sewer

Costs

List price
$599,900
Property taxes
$4,765 / year (2026)
Price per sq ft
$240
Rental items
Hot Water Heater

Listing

MLS® number
X13769078
Status
For sale
Listed
September 10, 2026
Days on market
55
Last updated
October 30, 2026
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 18% of comparable multiplex listings in Hamilton are asking less.

$544KMedian $799K$1.66M
This home
$240 / sq ft
Comparable median
$400 / sq ft

Based on 80 comparable active multiplex listings in Hamilton. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.8% · minimum $34,990
$34,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,123.48
Property tax (est.)
$397.10
Estimated monthly
$3,521

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$8,473
Total due on closing
$8,473

An estimate on the asking price of $599,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$599,900

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