Link Copied
Listed price in listed location currency (CAD).
$1,225,000

544

MLS® 40831175

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2594 sqft
Garage 
Taxes $7,094
Days Active 0
Lot Size 
Approx. Age 
Avg. Price Per Sqft $472
MLS® Number 40831175

Property Address: 137 Sherman Ave S, Hamilton, ON, L8M2R1

Average square foot calculated using Size range provided by listing agent.

Description

Beautifully restored century home offering exceptional character, modern updates, and outstanding income potential! This R1a zoned fourplex features 4 self-contained apartments generating $91, 380 in annual rental income, 4 separate hydro meters, and 4-car + onsite parking. Located in a prime Hamilton location close to Gage Park, Escarpment access, Hwy 403 and the QEW, and incoming Hamilton LRT, this is an excellent opportunity for investors or multi-generational living. This stunning 2.5-storey double brick home welcomes you with a large stately front porch and mature landscaping. Rich in original charm, the ground and 2nd floor units showcase original wood finishes and hardwood flooring, plaster medallions, crown mouldings and more, while units 3 and 4 boast more modern finishes and unique design elements. Major upgrades and improvements include: new fencing, engineered access stairs, windows, shingles (2015), paved parking, exterior waterproofing and sump pump, vaulted ceilings and upgraded lighting, added storage and closet spaces, and fully renovated basement with spray foam insulation, re-engineered and levelled slab, herringbone tile with in-floor heating throughout, large walk-in closet, rain shower and freestanding soaker tub, and upgraded lighting. Unit breakdown includes main floor 1-bedroom unit, second floor 2-bedroom unit + den, third floor 1-bedroom unit, and basement 1-bedroom unit. Current monthly rents are: Unit 1 - $1, 875, Unit 2 - $2, 395, Unit 3 - $1, 650, Unit 4 - $1, 695 with opportunity to lease detached garage space for additional cashflow. Exceptional turnkey investment opportunity in one of Hamilton’s most desirable neighbourhoods!
MLS® Number40831175
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementSeparate Entrance, Full, Finished
DrivewayDetached Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 19, 2026List Date
$1,225,000List Price
-End Date
Not Sold YetSold Price

For Sale

May 19, 2026List Date
$1,225,000List Price

Home Appraisal

This property is estimated to sell between: $689,000 and $1,493,000.
Similar properties in this area sold on average for: $689,352
Expected to sell in 39 days. Similar properties sold in 39 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
137 Sherman Ave S, Hamilton, ON

Tour for free, no strings attached

Loading...

Similar Listings

Comparable Properties