$599,900
63 Melrose Avenue S, Hamilton, ON L8M 2Y4
Stipley
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.
Stipley · L8M 2V4
$689,900
$345 / sq ftListed yesterday
Welcome to 62 Barnesdale Ave S, a legal non-conforming triplex in Hamilton's sought-after Stipley South neighbourhood. With two of three units vacant, investors can set market rents from day one, or owner-occupiers can live in one unit and let the others help pay the mortgage. Projected gross rent of $62,000+ per year, with Unit 3 tenanted. Major updates are done: new roof and windows (2024), updated electrical and plumbing (2015), units renovated in 2017, and a new flat roof over the fire escape (2023). Features include 3 bathrooms, forced-air heating with central A/C, shared laundry, parking for 4 cars, and a full backyard. Close to transit, Gage Park, Ottawa Street, and everyday amenities. A turnkey opportunity for investors and first-time buyers alike.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 29% of comparable multiplex listings in Hamilton are asking less.
Based on 80 comparable active multiplex listings in Hamilton. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $689,900. 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.
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$599,900
Stipley
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.
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Listing courtesy of RE/MAX ESCARPMENT REALTY INC.
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Listing courtesy of MICHAEL ST.JEAN REALTY INC.