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$ 1,225,000
Est. payment /mo
New
137 Sherman AVE S Hamilton, ON L8M 2R1
5 Beds
4 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Blakeley
MLS Listing ID X13146266
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $7,094
Tax Year 2025
Property Sub-Type Detached
Property 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.
Location
Province ON
County Hamilton
Area Hamilton
Rooms
Family Room No
Basement Full, Separate Entrance
Kitchen 4
Separate Den/Office 1
Interior
Interior Features None
Cooling None
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private Triple
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 41.99
Lot Depth 124.0
Total Parking Spaces 5
Building
Foundation Stone
Others
ParcelsYN No
Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.