Active

34 Sherman Avenue S

Hamilton ON, L8M 2P4

C$749,900


C$282.55 per sqft

Active

6 Beds

4 Baths

2,654 sqft

Residential

Built in 1910

3000 square foot (basement included) LEGAL NON-CONFORMING TRIPLEX in the heart of Central Hamilton featuring a great suite mix. Large main/basement 3 bed, 1.5 bath unit, spacious second floor 2 bed, 1 bath unit and a bigger then it looks brand new 1 bed, 1 bath loft unit at market rent. Unit 1 & 2 are great value adds with major rent upside at 25%. The property also features a 200 amp feed, 3 panels, 3 hydro meters (all passed on to tenants), main & fire escape egress, newer roof (2016) and soffits, eaves, fascia (2021). Units 1 & 3 include in-suite laundry! Stabilized cap rate of 7%. Great addition to any portfolio or live/rent!

40685621

MLS ID

December 17, 2024

Listed

December 17, 2024

Updated

Map

34 Sherman Avenue S
Hamilton ON, L8M 2P4

Interior Features

Bedrooms

6


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Interior Features

In-Law Floorplan, Separate Hydro Meters


Appliances

Dryer, Microwave, Range Hood, Refrigerator, Stove, Washer


Laundry Description

In-Suite


Fireplace

No


Cooling

No


Cooling Description

Wall Unit(s), Window Unit(s)


Heating

Yes


Heating Description

Hot Water-Other, Radiant

Exterior/Building Features

Lot Features

Urban, Hospital, Park, Place of Worship, Public Parking, Rec/Community Centre, Schools


Architectual Style

2.5 Storey


Roof

Asphalt Shing


Sewer

Sewer (Municipal)

Other Property Details

Area Name

20 - Hamilton Centre


Taxes

$4,868


Tax Frequency

Annually


Garage

No


Parking Total

1


View

No


County

Hamilton


Water Source

Municipal


Pool

No


Zoning

D/S-1822

 

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