Map
Listed price in listed location currency (CAD).
$1,199,900

546

MLS® 40827350

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2594 sqft
Garage 
Taxes $7,100
Days Active 48
Lot Size 
Approx. Age 
Avg. Price Per Sqft $462
MLS® Number 40827350

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

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

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.
MLS® Number40827350
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementSeparate Entrance, Full, Finished
DrivewayDetached Garage, Interlock
Garage Spaces
HeatElectric, Gas Hot Water, Radiant
A/CNone

Extras

Dishwasher, Dryer, Refrigerator, Stove, Washer, See Schedule B1

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 11, 2026List Date
$1,199,900List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $692,000 and $1,454,000.
Similar properties in this area sold on average for: $692,738
Expected to sell very soon! Similar properties sold in 29 days. This home has been on Zoocasa for 48 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

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