125 Melrose Avenue, Hamilton, ON
Property no longer active
This property was sold on December 9, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Stipley. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $429,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 20.01 x 103.25 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 125 Melrose Ave, a classic two story century home featuring 3 bedrooms and 2 full bathrooms. Ideally situated for convenience, this property is structurally sound and presents an excellent opportunity for first-time home buyers seeking both potential and peace of mind, thanks to its exceptional care and maintenance. The well-designed floor plan retains all its classic charm, while major updates including a new furnace (2021) roof (2018) and a fully updated electrical system (2015, new panel 2025) ensure modern functionality. This home also features a spacious garage, perfect for secure parking or as an ideal area for hobbies and a workshop. This beautifully preserved home is ready to be cherished for generations to come.
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Property Summary
This detached home located at 125 Melrose Avenue, Hamilton is currently for sale and has been available on SousaSells for 235 days. This property is listed at $429,000 with an estimated mortgage of $1,428* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 125 Melrose Avenue, Hamilton is in the Stipley neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 125 Melrose Avenue N, Hamilton, ON L8L 6X5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $429,000 in Hamilton, the legal minimum down payment is $21,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,055 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,055.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.