63 Melrose Ave S is a 6-bedroom, 4-bathroom duplex in Hamilton, listed for $599,900. It has 2500-3000 sq ft of living space.
1An exceptional opportunity in the heart of the Gibson-Stipley neighbourhood!
2This large, updated and Vacant 2 unit property offers incredible flexibility for investors and owner-occupiers alike.
3With 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.
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!
6 bedrooms, 4 bathrooms, about 2,500 sq ft, works out to roughly $240 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 63 Melrose Ave S
Every detail from the listing, in one place.
Type
Duplex
Style
2 1/2 Storey
Living space
2500-3000 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Full, Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Full · Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2 1/2 Storey
Property class
Duplex
63 Melrose Ave S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,947
/mo
based on the purchase price of $599,900
$119,980 cash
$479,920 financed
$404,219 total interest
Principal54%$479,920
Interest46%$404,219
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Hamilton
Other 5–6 bed homes for sale in Hamilton around $600K.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,527Homes for sale here right now.
Median vs prior 90 days−2.5%Compared with May 7 – Aug 5, 2026: prices down.
Based on 1,822 sales from Aug 5 – Nov 3, 2026 (1,536 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 63 Melrose Ave S
How much is 63 Melrose Ave S listed for?
63 Melrose Ave S is listed at $599,900 (MLS® X13769078). Summitly updates the price as soon as the MLS® record changes.
Is $599,900 a good price for 63 Melrose Ave S?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Hamilton. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 63 Melrose Ave S changed?
Yes — it was first listed at $649,900 and is now $599,900, a drop of $50,000 (7.7%).
How many bedrooms and bathrooms does 63 Melrose Ave S have?
63 Melrose Ave S has 6 bedrooms and 4 bathrooms, with about 2,500–3,000 square feet of living space. It is a duplex in Hamilton.
How much would the monthly mortgage be on 63 Melrose Ave S?
About $2,947 a month — principal and interest on $599,900 with 20% down ($119,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 63 Melrose Ave S compare with other homes in Hamilton?
Its asking price of $599,900 is about 11% below the median sold price in Hamilton over the last 90 days, $675,000, across 1,822 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 63 Melrose Ave S been sold before?
Summitly has no earlier MLS® sale or lease of 63 Melrose Ave S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 63 Melrose Ave S?
63 Melrose Ave S is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 63 Melrose Ave S been on the market?
54 days — 63 Melrose Ave S was listed on September 10, 2026.
What is the price per square foot of 63 Melrose Ave S?
About $200 to $240 per square foot: the asking price of $599,900 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 63 Melrose Ave S have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 63 Melrose Ave S have a basement, and is it finished?
The listing describes the basement as: Full, Partially Finished.
