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Hamza Nouman, REALTOR®
147 Melrose Avenue — property photo
1 / 22 — Click to enlarge
5.7

147 Melrose Avenue, Hamilton

Hamilton

$519,900

Detached3 bed / 2 bath1 DOM~1,300 sqft
New ListingSuite Potential

Cash flow, cap rate & mortgage breakdown

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Listed by KELLER WILLIAMS EDGE REALTY

Investment Analysis

Key Facts

Type

Detached

Bedrooms

3

Bathrooms

2

Days on Market

1

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

Suite Potential (+$1,190/mo)

Rent Estimate

Main unit (2 bed)$2,050/mo
Basement suite (1 bed)$1,190/mo
Total Est. Rent$3,240/mo

Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga

Remarks

Welcome to 147 Melrose Ave N, where timeless character meets modern style and central urban convenience. Nestled in the heart of Hamilton's Stipley neighbourhood, this updated detached home welcomes you with a classic front porch - an ideal spot for a morning coffee or a relaxing evening and an inviting foyer, anchored by a beautiful original wooden staircase. Next to that you'll find a spacious light-filled living room. Moving further through the main level, that features beautiful hardwood flooring and original trim, the formal dining room sits conveniently beside a well-appointed kitchen, featuring a charming pass-through window that keeps conversations flowing between the two rooms while making meals. Tucked just off the kitchen, a flexible bonus space serves as a practical mudroom and storage area. Upstairs, you'll find 3 generously sized bedrooms, each offering ample closet space. You'll also find a fully renovated, stylish 4 piece bathroom. Outside you'll enjoy the generously sized backyard perfect for hosting family and friends, complete with a large storage shed for tools, bikes and equipment. For even more potential, the basement features a large open area of unfinished space, laundry and a 1 piece bathroom. There's also a cold room and a separate entrance. Beyond the property itself, the home is perfectly positioned to enjoy the best of the city. A short stroll leads to Ottawa Street North to explore famous antique shops, artisan bakeries, and vibrant weekly farmers markets, while nearby Barton Street offers some of Hamilton's newest, trendiest cafes and dining spots. Active living is effortless with Gage Park, games and events at Hamilton Stadium and the recreation facilities at the Bernie Morelli Recreation Centre all just minutes away. Complete with easy daily transit access and proximity to the future LRT line, this move-in-ready home offers an exceptional opportunity to embrace a vibrant, walkable urban lifestyle!*See multimedia link for the video

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