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$1,199,900
Ontario,Hamilton (Blakeley)
For Sale Active
137 SHERMAN AVENUE S, Hamilton (Blakeley), Ontario L8M2R1
  • 5
  • 4
  • 2500 - 3000Square Feet
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Basic Details
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. (id:62783)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13432310
  • Price: $1,199,900
  • Bedrooms: 5
  • Bathrooms: 4
  • Square Footage: 2500 - 3000 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 293284
Features & Appliances
Features
  • Heating System: Electric, Natural gas, Radiant heat
  • Cooling System: None
  • Basement: Finished, Full, Separate entrance, N/A
  • Fence: Fenced yard
  • Parking: Detached Garage, Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Hamilton (Blakeley), L8M2R1
  • Street: Sherman
  • Street Number: 137
  • Street Suffix: Avenue
  • Longitude: W80° 9' 36.5''
  • Latitude: N43° 14' 49.6''
  • Street Dir Suffix: South
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 42 x 124 FT
  • Stories: 2.5
Financial
  • Tax Annual Amount: 7100
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Listing updated: 2026-06-12 19:29:41
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Listing Information
  • List Agent Key: 2145943
  • List Office Key: 293284
  • Modification Timestamp: 2026-06-11T17:30:22Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-06-11T17:20:00Z
Powered by REALTOR.ca
Listing updated: 2026-06-12 19:29:42
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