227 SHERMAN Avenue S
Hamilton, Ontario
MLS® 40833032
$824,850
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40833032
- Bedrooms
- 3
- Bathrooms
- 3
- Year built
- —
1 / 51Listing description
Welcome to 227 Sherman Avenue South! An excellent investment opportunity in the highly desirable St. Clair neighbourhood, this impressive 2.
5-storey brick multi-residential home is surrounded by beautiful character properties and located just minutes from Gage Park, the Bernie Morelli Recreation Centre, schools, shopping, downtown access, and major highways. Set in a high-demand rental area, the property offers three above-grade one-bedroom units, with the main-level unit currently vacant…ideal for an owner-occupant looking to live in one unit while generating rental income from the other two. Investors will appreciate the strong rental potential, separate hydro meters, common laundry facilities in the basement, common front entry and foyer, steel fire escapes, durable steel roof, new owned hot water heater in 2025, and new boiler furnace in 2025.
A fantastic opportunity to add a well-located income property to your portfolio or step into multi-residential ownership with built-in flexibility.
Property summary
- MLS® number
- 40833032
- Property type
- Multi-family
- Building type
- Triplex
- Square footage
- 1,860 sq ft
- Title
- Freehold
- Land size
- 0.08 acres
- Annual property taxes
- $3,964.00
- Parking
- None
- Days on market
- 93 days
Features & details
- Heating
- Radiant heat, Natural gas
- Cooling
- None
- Basement
- Unfinished, Full
- Exterior features
- Brick, Aluminum siding
- Community features
- Community Centre
What would this home cost you?
Based on the $824,850 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Escarpment Realty Inc., Stoney Creek.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.