Address
137 Sherman Avenue S, Hamilton, ON
Price
$ 1,199,900
Property Attributes
- MLS#40827350
- TypeSingle Family
- Listing Status Active
- CityHamilton
- Area22 - Hamilton Centre
- Neighbourhood220 - St. Clair/Blakeley
- Postal CodeL8M 2R1
- Style
- Taxes$ 7100
- Price$ 1,199,900
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2594
Data Source:
Ontario Regional (ITSO)
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.
| Price History | |
|---|---|
| 6/11/2026 | Listed $1,199,900 |
General Features
| Living Area | 2594 |
|---|---|
| Sewer | Sewer (Municipal) |
| Heating | Electric,Gas Hot Water,Radiant |
| Cooling | None |
| Roof | Asphalt Shing |
| Appliances | Dishwasher,Dryer,Refrigerator,Stove,Washer |
| Zoning | R1a |
| Garage Spaces | 1 |
| Security Features | Carbon Monoxide Detector(s) |
| Construction Materials | Brick |
| Exclusions | See Schedule B1 |
| Pets Allowed | Yes |
| Stories Count | 2 |
| Property Subtype | Single Family Residence |
| County | Hamilton |
| New Construction | false |
| Property Type | Residential |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 20 |
| Full Baths | 4 |
| Status | Active |
| Directions | Hwy 8 / Sherman Ave S |
| City | Hamilton |
| Senior Community Y/N | false |
| Open Parking Spaces | 5 |
| MLS Area | 22 - Hamilton Centre |
| Carport Y/N | false |
| Property Attached Y/N | false |
| MLS Area Minor | 220 - St. Clair/Blakeley |
| Virtual Tour | https://youtu.be/sj3-F4J9XZ4 |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Virtual Tour | https://youtu.be/sj3-F4J9XZ4 |
Interior Features
| Interior Amenities | Other |
|---|---|
| Basement | Separate Entrance,Full,Finished |
| Kitchen Level | Basement,Main,Second,Third |
| Air Conditioning Y/N | false |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Above Grade Finished Area | 2594 |
| Laundry Features | In-Suite |
| Total Bedrooms | 5 |
| Main Level Bedrooms | 1 |
| Main Level Bathrooms | 1 |
| Below Grade Finished Area Unit Type | Square Feet |
| Above Grade Finished Area Source | Other |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 4 |
Exterior Features
| Parking Features | Detached Garage,Interlock |
|---|---|
| Lot Features | Urban,Rectangular,Hospital,Park,Place of Worship,Public Transit,Schools |
| Water Source | Municipal |
| Total Parking | 6 |
| Inclusions | Dishwasher,Dryer,Refrigerator,Stove,Washer,See Schedule B1 |
| Foundation Details | Stone |
| Building Area Total | 2594 |
| Lot Dimensions | 42 x 124 |
| Frontage Length | 42.00 |
| Frontage Type | East |
| Waterfront Y/N | false |
| Covered Spaces | 1 |
| Crops Included Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Data provided by the Ontario Regional Technology & Information Systems. The information is deemed reliable, but is not guaranteed. Not intended to solicit buyers or sellers, landlords or tenants currently under contract.
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