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Agostino Calandrino

augie@owlhouserealty.com +1(905) 518-6104

$ 1,199,900

Est. payment -/mo

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137 SHERMAN Avenue S Hamilton, ON L8M2R1

5 Beds

4 Baths

2,594 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2594

Square Footage 2,594 sqft

Price per Sqft $462

Subdivision 220 - St. Clair/Blakeley

MLS® Listing ID 40827350

Bedrooms 5

Property Sub-Type Freehold

Property Description

Exceptional turnkey investment opportunity in one of Hamilton's most established and desirable neighbourhoods at the base of the escarpment. This beautifully restored 2.5-storey double brick century home offers outstanding character, thoughtful modern updates, and strong income potential with four self-contained apartments generating $91,380 in annual rental income. Rich in original charm, the home showcases a commanding street presence with mature landscaping, a stately front porch, original wood finishes, hardwood flooring, soaring ceilings, plaster medallions, crown moulding, and timeless architectural details that continue to give the property lasting tenant appeal. The building features four separate hydro meters, an ensuite laundry in every unit, and rare on-site parking for four or more vehicles. The unit breakdown includes a main floor 1-bedroom unit, a second floor 2-bedroom plus den unit, a third floor 1-bedroom unit, and a fully renovated basement 1-bedroom unit. Current monthly rents at market rent. Additional income potential exists through the detached garage. Major improvements include new fencing, engineered access stairs, updated windows, shingles, paved parking, exterior waterproofing and sump pump, upgraded lighting, added storage and closet space, and a completely renovated basement featuring spray foam insulation, re-engineered and levelled slab, herringbone tile with in-floor heating throughout, large walk-in closet, rain shower, freestanding soaker tub, and elevated modern finishes. Ideally located close to Gage Park, escarpment access, Highway 403, the QEW, and the incoming Hamilton LRT, this R1a zoned fourplex is an impressive income-producing asset from day one. Whether you are a seasoned investor, expanding your portfolio, or exploring multi-generational living, this rare Hamilton property delivers consistent cash flow, meaningful upgrades, excellent tenant appeal, and long-term growth potential. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level Measurements not available 4pc Bathroom

Extra Room 2 Second level 14'6'' x 15'9'' Living room

Extra Room 3 Second level 8'1'' x 11'3'' Dining room

Extra Room 4 Second level 12'1'' x 14'7'' Kitchen

Extra Room 5 Second level 10'2'' x 12'3'' Primary Bedroom

Extra Room 6 Second level 10'8'' x 9'8'' Bedroom

Interior

Heating , Radiant heat, Hot water radiator heat

Cooling None

Exterior

Parking Features Yes

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage Yes

Private Pool No

Building

Story 2.5

Sewer Municipal sewage system

Others

Ownership Freehold

Listed by REAL BROKER ONTARIO LTD BROKERAGE 1800R

NEARBY SCHOOLS & PROPERTIES

Agostino Calandrino

Realtor/Team Lead

+1(905) 518-6104

Agostino Calandrino

137 SHERMAN Avenue S Hamilton, ON L8M2R1

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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137 SHERMAN Avenue S