9 Melrose Avenue S, Hamilton

9 Melrose Avenue S, Hamilton, ON L8M2Y4 Photo 1

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9 Melrose Avenue S, Hamilton, ON L8M2Y4 Photo 2
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9 Melrose Avenue S, Hamilton, ON L8M2Y4 Photo 7
  • Bedrooms: 4
  • Bathrooms: 2
  • Living area: 1858 square feet
  • MLS®: h4187991
  • Type: Residential
  • Added: 16 hours ago
  • Type: Residential
  • Listed by: Point2

Property Details

Investor's Dream or Generational Haven: This duplex offers the perfect blend of income potential and comfortable living, making it an ideal generational home. Live in the upper unit while collecting passive income from the lower one, or utilize the main floor unit as an in-law suite for multi-generational living. Step into a bright foyer welcoming you to two spacious units flooded with natural light. The main unit features 2 floors with 2 bedrooms, a walk-in closet, and an updated kitchen, currently leased to an A++ tenant for $1640 + utilities. Meanwhile, the second unit offers 2 bedrooms, a generous living area, a private balcony, and a sprawling primary suite, previously rented for $2400 all-inclusive. Both units can easily be converted into 3-bedroom units. With a low-maintenance backyard and easy access to highways and amenities, it's a haven for multiple generations. Seize this opportunity to invest smart, create a lasting legacy, and live well.

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Features

  • Other: Elevator: No, Inclusions: Fridge x2, Stove x2, washer x2, Dryer x2, all in as is condition, Foundation: Concrete Block, Laundry Access: In-Suite
  • Cooling: AC Type: Central Air
  • Heating: Electric, Gas, Forced Air, Heat Pump
  • Lot Features: Urban
  • Interior Features: Carpet Free, Separate Hydro Meters, Fireplaces: Wood, Kitchens: 2, 2 above grade, 2 4-Piece Bathrooms
  • Sewer/Water Systems: Sewers: Sewer

Nearby Places

Name Type Address Distance
Brian Timmis Stadium [1] The stadium most recently hosted association f... 0.3 km
Tim Hortons Field During the Pan American Games, it was referred to ... 0.4 km
Ivor Wynne Stadium The club's previous home was the Hamilton Amateur ... 0.4 km
Tim Hortons Field Stadium 75 Balsam Ave N 0.4 km
Parkview Secondary School School 60 Balsam Ave N 0.4 km
Parkview Secondary School The school's mission statement was "Educating stud... 0.4 km
Adelaide Hoodless Public School School Principal - Kelly Charles Vice Principal - ... 0.6 km
270 Sherman The five buildings which together constitute 270 S... 1.2 km
St. Peter's Hospital (Hamilton) The hospital became a part of Hamilton Health Scie... 1.3 km
Cathedral High School School 30 Wentworth St N 1.3 km
Cathedral High School (Hamilton, Ontario) Classes were held in two rooms at St... 1.4 km
Barton Street Arena Originally, the arena had a seating capacity of 4,... 1.4 km
Similar Houses Stat in Hamilton
We have found 6 Houses that closely match the specifications of the property located at 9 Melrose Avenue S with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 539,990 and 988,888, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L8M2Y4 postal code area of Hamilton Ontario Canada.
9 Melrose Avenue S mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 9 Melrose Avenue S. The current price of the property is $749,888, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $599,910. This would result in a monthly mortgage payment of $3,507 over a 25-year amortization period.
Comparison of 9 Melrose Avenue S, Hamilton, ON with Nearby Houses
Nearby Cities Listings Avg. price
Stoney Creek Real Estate 190 $1.188.164
West Lincoln Real Estate 58 $2.137.927
Grimsby Real Estate 241 $1.096.175
Brant Real Estate 92 $1.670.544
Caledonia Real Estate 59 $1.440.736
Beamsville Real Estate 72 $1.110.467
Ancaster Real Estate 145 $1.881.048
Burlington Real Estate 787 $1.544.910
Popular Cities Listings Avg. price
Oakville Real Estate 863 $1.941.478
Welland Real Estate 313 $1.001.593
Cambridge Real Estate 411 $1.038.037
St Catharines Real Estate 562 $875.951
Milton Real Estate 377 $1.821.092
Brantford Real Estate 531 $941.169
Niagara Falls Real Estate 674 $1.077.887
Mississauga Real Estate 1332 $1.352.297
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