$1,149,900
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137 Sherman Avenue S, Hamilton on L8M 2R1, Hamilton, ON L8M 2R1

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5 Beds
4 Baths
2,594 Sq Ft

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 By: Jake Nicolle - Real Broker Ontario Ltd Brokerage 1800r cnitso Realty.com
  • MLS® 40868238
  • Date Listed10/05/2026
  • Days on Realty 31 Days
  • Bedrooms 5
  • Bathrooms 4 Full baths
  • Lot Size -
  • County Hamilton
  • Year Built 1905
  • Square Feet 2,594 sq. ft
  • Price Per Sq. Ft $443.29

Interior Features

  • Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Cooling None
  • Heating Electric, Gas Hot Water, Radiant

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Urban, Rectangular, Hospital, Park, Place of Worship, Public Transit, Schools

Directions

Hwy 8 / Sherman Ave S

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L8M 2R1

Discover key demographics, population statistics, and environmental insights for the Hamilton, ON area.

Walkability in ON / L8M 2R1

Source: Walk Score

92/100

Walker's Paradise

Walk Score ®

60/100

Good Transit

Transit Score ®

74/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

11 nearby routes: 11 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 59/100, Transit Score: 50/100, Bike Score: 54/100.

Points of Interest near 137 Sherman Avenue S, Hamilton ON L8M 2R1, Hamilton, ON L8M 2R1

Frequently Asked Questions for 137 Sherman Avenue S, Hamilton ON L8M 2R1

Source: Realty.com

137 Sherman Avenue S, Hamilton ON L8M 2R1, Hamilton, ON L8M 2R1 in Hamilton, ON L8M 2R1 is a single family residence listed at $1,149,900. Highlights include 5 bedrooms, 4 bathrooms, 2,594 sq. ft., built in 1905, $443 per sq. ft.. Realty.ca has 42 photos, sales history, school insights, and mortgage tools for this l...

Realty.com has 42 photos of 137 Sherman Avenue S, Hamilton ON L8M 2R1.

Our records indicate that 137 Sherman Avenue S, Hamilton ON L8M 2R1 was built in 1905.

The full address for this home is 137 Sherman Avenue S, Hamilton ON L8M 2R1, Hamilton, ON L8M 2R1.

137 Sherman Avenue S, Hamilton ON L8M 2R1 has been listed on Realty.com since Mon October 05, 2026

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 59/100, Transit Score: 50/100, Bike Score: 54/100.

Listing provided courtesy of: Real Broker Ontario Ltd Brokerage 1800r
Listing agent: Jake Nicolle (tel: 289-216-6852)

This content last refreshed on 2026-11-05 09:53:17. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.