137 SHERMAN AVENUE S Hamilton

137 SHERMAN AVENUE S, Hamilton, Ontario

$1,199,900

  • 5 Beds
  • 4 Bath
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. (id:50004)
  • Listing ID: X13432310
  • Property Type: Multi-family

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Rooms

LevelTypeDimensions
Second LevelLiving Room4.43 m x 4.81 m
Second LevelKitchen3.66 m x 4.46 m
Second LevelDining Room2.72 m x 3.42 m
Second LevelPrimary Bedroom3.09 m x 3.74 m
Second LevelBedroom3.25 m x 2.96 m
Third LevelDining Room3.61 m x 3.09 m
Third LevelBedroom2.23 m x 2.9 m
Third LevelLiving Room5.49 m x 4.95 m
Third LevelKitchen1.44 m x 5.83 m
BasementLiving Room4.35 m x 3.05 m
BasementKitchen3.07 m x 4.93 m
BasementDining Room4.71 m x 4.93 m
BasementBedroom5.15 m x 3.74 m
Main LevelLiving Room3.66 m x 4.52 m
Main LevelKitchen3.66 m x 6.43 m
Main LevelBedroom3.59 m x 2.96 m

Details

  • Amenities Nearby: Hospital, Park, Place of Worship, Schools, Public Transit
  • Features: Carpet Free
  • Parking Spaces: 6
  • Transaction: For sale
  • Zoning Description: R1a

Building

  • BasementType: Full, N/A, N/A (Finished)
  • Basement Development: Finished
  • Basement Features: Separate entrance
  • Bedrooms Main Level: 4
  • Bedrooms Lower Level: 1
  • Cooling: None
  • Exterior Finish: Brick
  • Fireplace Present: True
  • Foundation: Stone
  • Bathrooms (Total): 4
  • Heating: Radiant heat
  • Heating Fuel: Electric, Natural gas
  • Size Interior: 2500 - 3000 sqft
  • Stories Total: 2.5
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Park, Place of Worship, Schools, Public Transit
  • Fence: Fenced yard
  • Sewer: Sanitary sewer
  • Size Frontage: 42 ft
  • Size Irregular: 42 x 124 FT

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    This property for sale is located at 137 SHERMAN AVENUE S in Hamilton. It was last modified on June 11th 2026.
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