137 Sherman Avenue S Hamilton, Ontario L8M 2R1
$1,199,900
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:50787)
Property Details
| MLS® Number | X13432310 |
| Property Type | Multi-family |
| Community Name | Blakeley |
| Amenities Near By | Hospital, Park, Place Of Worship, Schools, Public Transit |
| Features | Carpet Free |
| Parking Space Total | 6 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 5 |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | Full, N/a, N/a (finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Foundation Type | Stone |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 3 |
| Size Interior | 2,500 - 3,000 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Hospital, Park, Place Of Worship, Schools, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 124 Ft |
| Size Frontage | 42 Ft |
| Size Irregular | 42 X 124 Ft |
| Size Total Text | 42 X 124 Ft |
| Zoning Description | R1a |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 4.43 m | 4.81 m | 4.43 m x 4.81 m |
| Second Level | Kitchen | 3.66 m | 4.46 m | 3.66 m x 4.46 m |
| Second Level | Dining Room | 2.72 m | 3.42 m | 2.72 m x 3.42 m |
| Second Level | Primary Bedroom | 3.09 m | 3.74 m | 3.09 m x 3.74 m |
| Second Level | Bedroom | 3.25 m | 2.96 m | 3.25 m x 2.96 m |
| Third Level | Dining Room | 3.61 m | 3.09 m | 3.61 m x 3.09 m |
| Third Level | Bedroom | 2.23 m | 2.9 m | 2.23 m x 2.9 m |
| Third Level | Living Room | 5.49 m | 4.95 m | 5.49 m x 4.95 m |
| Third Level | Kitchen | 1.44 m | 5.83 m | 1.44 m x 5.83 m |
| Basement | Living Room | 4.35 m | 3.05 m | 4.35 m x 3.05 m |
| Basement | Kitchen | 3.07 m | 4.93 m | 3.07 m x 4.93 m |
| Basement | Dining Room | 4.71 m | 4.93 m | 4.71 m x 4.93 m |
| Basement | Bedroom | 5.15 m | 3.74 m | 5.15 m x 3.74 m |
| Main Level | Living Room | 3.66 m | 4.52 m | 3.66 m x 4.52 m |
| Main Level | Kitchen | 3.66 m | 6.43 m | 3.66 m x 6.43 m |
| Main Level | Bedroom | 3.59 m | 2.96 m | 3.59 m x 2.96 m |
https://www.realtor.ca/real-estate/29889907/137-sherman-avenue-s-hamilton-blakeley-blakeley
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 11 2026 05:20:00
Toronto Regional Real Estate Board
Real Broker Ontario Ltd.