Brick facade with a covered porch featuring decorative columns Features: stairs, porch, shingle roof, gas meter, dormer roof, brick siding More Photos

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    For Sale - 137 Sherman Avenue, Hamilton, Ontario

    Est payment $5,762/mo
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    Time on Jump  22 day

    AI Summary *

    • Turnkey investment with strong income potential from four self-contained apartments.
    • Beautifully restored double brick century home full of original charm.
    • Each unit includes ensuite laundry and mature landscaping for added appeal.
    • Rare on-site parking for four or more vehicles available for tenants.
    • Prime location near Gage Park, highways, and upcoming Hamilton LRT access.




    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.
    Listing IDX13432310
    Address137 Sherman Avenue
    CityHamilton, Ontario
    Price$1,199,900
    Bed / Bath5 / 4 Full
    Style2 1/2 Storey, Fourplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Other, Carpet Free, Primary Bedroom - Main FloorAmenities Hospital, Park, Place Of Worship, School, Fenced Yard, Public TransitOwnership FreeholdBasement Full, Separate Entrance, FinishedFoundation StoneHeating / Cooling RadiantHeating Fuel ElectricSewer Sewer

    Parking 6.00
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    Listing Agency:  REAL BROKER ONTARIO LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

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    137 Sherman Avenue
    Hamilton , Ontario
    5 4 $1,199,900
    Get more info