Scout N Secure

$1,149,900

Map

137 Sherman Avenue South

Blakeley, Hamilton, Ontario L8M2R1

For sale· Added

4+1 bed4 bath2,500–3,000 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
X13862498
Added
Oct 5, 2026 ()
Updated
Oct 5, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Fourplex
Storeys
2.5

Inside

Bedrooms
4+1
Bathrooms
4
Heating
Radiant heat, Electric, Natural gas
Cooling
None
Fireplace
Yes
Features
Carpet Free

Building

Basement
Finished, Full, Separate entrance
Exterior
Brick
Foundation
Stone
Parking
Detached Garage, Garage · 6 spaces

Land

Lot size
42 x 124 ft
Fencing
Fenced yard
Zoning
R1a

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Hwy 8 / Sherman Ave S

Running costs

Annual property tax
$7,100

Rooms

BedroomBasement5.15 x 3.74 m
Living roomSecond level4.43 x 4.81 m
Primary BedroomSecond level3.09 x 3.74 m
KitchenBasement3.07 x 4.93 m
KitchenMain level3.66 x 6.43 m
KitchenSecond level3.66 x 4.46 m
BedroomThird level2.23 x 2.9 m
BedroomMain level3.59 x 2.96 m
Dining roomSecond level2.72 x 3.42 m
Dining roomThird level3.61 x 3.09 m
Living roomBasement4.35 x 3.05 m
BedroomSecond level3.25 x 2.96 m
Living roomMain level3.66 x 4.52 m
Dining roomBasement4.71 x 4.93 m
Living roomThird level5.49 x 4.95 m
KitchenThird level1.44 x 5.83 m

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$1,149,900
137 Sherman Avenue South
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