63 Melrose Avenue S

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!

Listing Details

MLS #

40859911

Board

ITSO

Market

ontario

Property Type

Duplex Up/Down

Style

Residential Income

Year Built

1915

Garage Spaces

1

Parking Spaces

3

Basement

Full, Partially Finished

Heating

Forced Air

Cooling

Central Air

Lot Size

40.00 × 120 ft

Annual Taxes

$4,765/yr

Listed By

REMAX Escarpment Realty Inc.

Presented By

REMAX Hallmark®

Listed On

September 10, 2026

Days on Market

50

Features & Extras