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Stipley, Hamilton
$519,900
Welcome to 147 Melrose Ave N, where timeless character meets modern style& central urban convenience. Located in the heart of Hamilton's Stipley neighbourhood, this updated detached home w/ parking, 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 you'll find a spacious light-filled living room. Beautiful hardwood flooring& original trim throughout. The formal dining room sits conveniently beside a well-appointed kitchen which features 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& storage area. Upstairs, you'll find 3 generously sized bedrooms, each offering ample closet space and a fully renovated, stylish 4 pc bathroom. Generously sized backyard perfect for hosting family& friends, complete with a large storage shed for tools, bikes& equipment. For even more potential, the basement features a large open area of unfinished space, laundry and a 1 pc 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. Head over to Ottawa Street North to explore famous antique shops, artisan bakeries& vibrant weekly farmers markets and check out some of Hamilton's newest, trendiest cafes and dining spots nearby. Active living and events are effortless with Gage Park, 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! Recent updates - roof, bathroom and electrical *See multimedia link for the video
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,200 |
| Lot Size | 25 ft x 89.16 ft |
| mls© Number | X13627686 |
| Listed By | KELLER WILLIAMS EDGE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,661
- Property tax
- $267
- Heat allowance
- $150
- Housing costs
- $3,078 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$95,000
gross annual household income
- Payment at 4%
- $2,188 / mo
- Cash down
- $103,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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