61 Melrose Ave S

Gibson, Hamilton, L8M 2Y4
UNAVAILABLE
61 Melrose Ave S, Hamilton
Browsing Limit Reached
Please Register for Unlimited Access
5
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
9 + 2
ROOMS
X3946889
MLSID
Contact Us
Property Description
Absolutely Beautiful Victorian Home Which Has Been Meticulously Maintained. Top Of The Line Gourmet Kitchen With Granite Floors. No Carpet Throughout Home. Beautiful Gumwood Trim & Doors. Lge Sunroom Overlooking Pool-Size Private Backyard. Maj.Of Furniture To Stay (Approx 95%). Basement Has 2nd Kitchen & 3Pc Bath. Numerous Updates Since 2003 Incl Windows, Furnace, Central Air, Roof, Electrical, Plumbing, Flooring, Baths Etc. Open House Saturday Oct 7, 2-4Pm
Property Features
Level, Park
Property Details
Community
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
40' x 120'
Fronting
East
Taxes
$3,590 (2017)
Basement
Finished, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
FamilyMain10.99' x 15.78'
KitchenMain18.08' x 10.50'
DiningMain11.75' x 14.90'
DenMain9.42' x 10.27'2 Pc Bath
Master2nd10.73' x 23.88'
Br2nd10.30' x 11.48'
Br2nd10.30' x 12.01'
Hamilton Market Statistics
Hamilton Price Trend
61 Melrose Ave S is a 5-bedroom 3-bathroom home listed for sale at $699,900, which is $765,305 (52.2%) lower than the average sold price of $1,465,205 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 5 bedroom home in Hamilton increased by $316,664 (27.6%) compared to the previous 30 day period (February 19 - March 19) and up $444,668 (43.6%) from the same time one year ago.
Inventory Change
There were 39 5-bedroom homes listed in Hamilton over the last 30 days (March 20 - April 18), which is up 34.5% compared with the previous 30 day period (February 19 - March 19) and up 116.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($81,387) (5.6%) below asking price over the last 30 days (March 20 - April 18), which represents a $30,781 decrease compared to the previous 30 day period (February 19 - March 19) and ($12,187) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Hamilton over the last 30 days (March 20 - April 18) stood at 43.6%, down from 82.8% over the previous 30 days (February 19 - March 19) and down from 111.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Hamilton stood at 65 days when successfully sold over the last 30 days (March 20 - April 18), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc., Brokerage
Similar Listings
155 Stirton St, Hamilton
5+1
BEDS
3
BATHS
$749,500
FOR SALE
Welcome To This Exceptional 2.5 Storeys Large Detached Spacious 5 Bdrms Home. Upgraded Throughout this is an Amazing Opportunity For First Time Homebuyers, Lg Young Families, Investors. Basement Has Separate Side Entrance That Opens Up Possibilities. Mutual Driveway And Side Door To Newly Fenced Private Sun-filled Backyard. House Facing Powell Park & Community Centre W/Its Open Space In The Mid Century Hub Of Hamilton. Close To Many Amenities, Delicatessens, Cafes, Ethnic Restaurants & Grocery Stores, Library, Boutique Shops & Centre Mall, Hospital, Park and Public Transit.
487 Cannon St E, Hamilton
5+1
BEDS
4
BATHS
$730,000
FOR SALE
Welcome to this meticulously maintained 4-unit property offering exceptional investment potential. With gross rental income of over $51k/year, income has increased while expenses have been reduced from the previous years. Each unit boasts comfortable living with 3 - 1 bedroom apartments and 1-2bedroom unit. Enjoy this turn-key and hassle-free investment with great tenants that are currently paying market rents providing a cash flow positive investment. Many recent updates including a new roof and fence in 2018, interior waterproofing, new concrete walkway, many windows replaced/repaired, plumbing updates, some new doors, tree trimming etc. Please see attachments for a complete list of recent updates. With extensive maintenance completed and tenants in good standing, this property offers a turnkey investment opportunity for savvy investors seeking long-term cashflow and appreciation. Potential upside on interior cosmetic updates. Financials attached. Offers welcome any time!
17 Avalon Pl, Hamilton
4+1
BEDS
3
BATHS
$799,000
FOR SALE
Stunning Historical & Updated 2 1/2 Storey Detached 4 Bedroom 3 Bathroom Home With Private Loft. 1593 Square Feet Of Living Space Opens to A Bright and Airy Main Floor, With Wainscotting Throughout, Tastefully Upgraded With Rich Espresso Hardwood Floors And Coffered Ceilings in the Dining Room. Modern Yet Still Maintaining The Character Of The Original Design. Open Contemporary Kitchen W/Centre Island Allows For Abundance Of Counter And Storage Space. Enjoy The Walk-Out To Your Private Two-Tier Deck With Lush Mature Trees/Gardens. The Large 2nd Floor Includes 2 Family Bedrooms and a Large Primary Bedroom With Tons of Natural Light and A Cozy Bay Window. The 3rd Floor Naturally Lit Loft Is Warm and Welcoming With An Artistic Grey Wood Feature Wall & Includes A Separate 4th Bedroom Or Enclave/Office, Family Room. Great Entertaining Space In Your Finished Basement With a Large Recreation Room and a 4 Piece Bathroom. Sunlit with Above Grade Windows Throughout.
123 Lottridge St, Hamilton
4
BEDS
2
BATHS
$718,000
FOR SALE
A Beautiful Fully Renovated Detached Home!!! Move In Ready And Perfect For Young Families, Investors. Accessible To All Main Highways. Transit Walking Distance. Schools All Walking Distance. Open Concept, New Cabinets, Pot Lights All Around. Double Sink Bathroom To Suit Your Family Needs, Brand New Appliances.
46 Garfield Ave S, Hamilton
5+1
BEDS
3
BATHS
$709,900
FOR SALE
Charming double brick Victorian home w/5+1 bedrooms, 2.5 bathrms, self-contained basement apartment, 2-car parking, fenced backyard oasis, rear alley, large covered porch, 9 ceilings on main lvl, open & bright living/dining, updated kitchen w/granite counters, 2nd&3rd-floor bedrms, 2nd flr laundry, in-law suite, many recent updates! Ideal for family living, rental income, or extra room for family & guests. Proximity to LRT stop and Gage Park.
103 Grant Ave, Hamilton
5
BEDS
3
BATHS
$799,900
FOR SALE
Stinson area amazing value, renovated legal 2 family detached 2.5 storey home. LEGAL DUPLEX in highly desirable Stinson neighborhood. Unit 1 - main floor (1 bed 1 bath). Unit 2 - Upper 2 level with large loft( 3 bed 2 bath with loft)This legal Duplex is turnkey with load of updates. Each unit has a nice sized kitchen with brand new SS stove & refrigerator(2023) High end hardwood flooring throughout(2023). Updated forced air gas heating (2023) with newer furnace. Brand new insulation done in loft level (2023), roof shingles (2022), owned hot water tank (newer), Separate laundry set up in each unit. Fully fenced Private backyard. Separate hydro meters. INVESTORS potential 6% cap rate in this turnkey property. Main floor unit rented to AAA tenants. Upper unit in high rental demand is vacant. For Buyers who would like to live in this hip area in larger upper unit, take advantage of additional income, fantastic tenants at the property on main floor to assist with mortgage payment. Don't miss out to secure a lovely home in the heart of downtown close to financial district, entertainment area. LRT to be at your door step with direct connection to Hamilton GO. Take advantage of the great value before property price jump, imminent in the Hamilton core.
17 Barnesdale Ave N, Hamilton
5
BEDS
2
BATHS
$749,900
FOR SALE
Solid 2.5 storey brick home situated in great central location. Lots of character and charm throughout this century home. Main floor features cozy living room w/potential gas fireplace & spacious dining room. Kitchen has separate eating area & walk-out to back. Rare & unique dual entry staircase leading up to the second floor. 3 good sized bedrooms & 3 pc main bathroom w/separate storage den. Top floor has an additional 2 decent sized bedrooms. Finished basement w/separate side entrance & 3 pc bath. Fully fence backyard w/single car detached garage from private laneway, Single parking spot in the front. Walking distance to bus route, stores & stadium. Close to parks, hospital and all major amenities.
133 Auburn Ave, Hamilton
5
BEDS
2
BATHS
$749,900
FOR SALE
Welcome to 133 Auburn Ave, Hamilton! This charming 2-storey home has been meticulously by its original owner, showcasing pride of ownership at every turn. With a thoughtful second-storey addition, this home now boasts a generous 1975 square feet of living space. Step inside to discover a total 5 bedrooms, including 2 on the main floor, offering flexibility for various living arrangements. The upstairs has been completely renovated, featuring brand new flooring, trim, and paint, creating a fresh and modern feel throughout. The main level offers a large family room, perfect for gatherings and relaxation, along with an eat-in-kitchen, ideal for family meals or entertaining guests. New windows ensure energy efficiency & brightness. Modern electrical panel & pot lights enhance elegance. Private backyard with concrete patio offers serene outdoor space. Roof replaced in 2021 for peace of mind & durability.
83 Graham Ave S, Hamilton
4+1
BEDS
3
BATHS
$749,900
FOR SALE
Welcome to this charming 4 +1 bedroom 3 bathroom home located in this much sought after delta neighbourhood. As you enter, the large sunroom greets you with wall to wall windows. Stunning crown moulding throughout main floor including a natural gas fireplace. Recent additions include a 2 piece bathroom and laundry room. Leading to the backyard is a brand new stained deck with underground waterproofing and concrete. Huge double car garage leads into alley with private entrance to school playground. Brand new greenhouse for all your gardening needs. Possible in law suite with separate entrance, kitchenette, laundry and bathroom. Upgrades include new furnace (2023) air conditioner (2022) owned hot water tank and 200 amp panel. Close to schools, bus routes, shopping and worship services.
88 Erie Ave, Hamilton
4
BEDS
3
BATHS
$779,900
FOR SALE
Welcome to this exquisite 2 1/2 storey home that has been meticulously renovated to epitomize modern luxury while preserving the charm of its original character. Nestled in the Stinson neighbourhood, this property seamlessly blends classic elegance with contemporary design, offering a lifestyle of comfort and sophistication. As you approach, the curb appeal is undeniable, with a manicured front yard and a welcoming facade that hints at the treasures within. Step through the front door, and you'll find yourself in a thoughtfully designed living space that boasts 4 beds, 2.5 baths, a tiered back deck and high end finishes throughout. The unfinished basement is the perfect canvas for buyers to renovate to suit their needs, and the separate side entrance provides the potential to convert the space into rental unit or in-law suite. Step outside to discover a beautifully landscaped backyard oasis, perfect for al fresco dining, entertaining guests, or simply enjoying a peaceful evening.
49 Spadina Ave, Hamilton
4+2
BEDS
3
BATHS
$785,000
FOR SALE
Investors Take Note! One of the larger homes in the area with detached garage! This charming Victorian home has lots of extras- hardwood flooring with inlays, pocket doors, and high ceilings. The main level has a substantial foyer entrance, eat-in kitchen, dining area (or make it an office), living room and a beautiful front room with original fireplace that could be used as a 7th bedroom (just close the pocket doors). The 2nd level with kitchen, laundry, a primary bedroom with updated flooring & updated ensuite. Two more bedrooms and another full bathroom on this level! The bright third level with brand new flooring is fully finished and could be a very large bedroom or family room area. Basement with 2 bedrooms, laundry and lots of storage space. The single detached garage can be a workshop depending on your needs. Driveway parking for 2 cars. Fantastic front porch, private deck out back. Hot water heater (2020) Shingles (2017). Only 3 blocks to Tim Horton's Field and a few more to Gage Park concerts. Public and high schools are close by. This property is vacant and ready for immediate occupancy. A family could live there and rent out the other 3-4 bedroom suite either short or long term. Or an investor could rent out the the entire property of two 3 bedroom units and garage at today's rental prices for a truly excellent return on investment! Real value at this price! Work the numbers! RSA.
346 East 15th St, Hamilton
4+1
BEDS
3
BATHS
$789,900
FOR SALE
Welcome to 346 East 15th, a stunning 1.5 storey home beautifully updated with contemporary style & over 1,800 square feet of finished living space! This 4 bedroom, 2.5 bathroom home is nestled in a prime Mountain neighbourhood! The main floor kitchen has a full compliment of stainless steel appliances and opens to your large living room that has ample natural light. The rest of the main floor includes 2 bedrooms with backyard access and a full bath. Upstairs are two more bedrooms, the larger of which has an updated 2-piece en-suite. The very bright and spacious lower level has a bedroom, an oversized rec area with a 2nd kitchen and another full bath. Located just minutes from Concession Street shopping and parks, the Linc and downtown Hamilton. Sqft and room sizes are approximate.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1277041598