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Eric Miraflor

eric@ericmiraflor.com +1(647) 677-3945

$ 1,199,900

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137 Sherman AVE S Hamilton, ON L8M 2R1

5 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Blakeley

MLS Listing ID X13432310

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $7,100

Tax Year 2025

Property Sub-Type Fourplex

Property Description

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

Province ON

County Hamilton

Area Hamilton

Rooms

Family Room No

Basement Full, Separate Entrance, Finished

Kitchen 4

Separate Den/Office 1

Interior

Interior Features Other, Carpet Free, Primary Bedroom - Main Floor

Cooling None

Fireplace Yes

Heat Source Electric

Exterior

Parking Features Private Triple

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 42.0

Lot Depth 124.0

Total Parking Spaces 6

Building

Unit Features Hospital,Park,Place Of Worship,School,Fenced Yard,Public Transit

Foundation Stone

Others

Security Features Carbon Monoxide Detectors

ParcelsYN Yes

Virtual Tour https://youtu.be/sj3-F4J9XZ4

Listed by REAL BROKER ONTARIO LTD.

GET MORE INFORMATION

+1(647) 677-3945

eric@ericmiraflor.com