Salehian.com 647-325-5000

137 Sherman Avenue S

Blakeley, Hamilton, L8M 2R1

$1,149,900

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  • 4+1 bedrooms
  • 4 bathrooms
  • 6 parking
  • 2500-3000 sq ft

Listed 15 days ago · MLS® X13862498

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.

Details

Type
Fourplex
Style
2 1/2 Storey
Size
2500-3000 sq ft
Lot
42 × 124 ft
Basement
Full, Separate Entrance, Finished
Garage
Detached
Kitchens
4
Property tax
$7,100 (2026)
Neighbourhood
Blakeley
Municipality
Hamilton

Interior

Bedrooms
4 above ground + 1 below
Bathrooms
1 × 3-piece (main), 1 × 4-piece (second), 1 × 3-piece (third), 1 × 4-piece (basement)
Rooms
12 above ground + 4 below
Family room or den
No
Fireplace
Yes
Features
Carpet Free, Primary Bedroom - Main Floor

Heating, cooling and services

Heating
Radiant, Electric
Water and sewer
Sewer

Building and exterior

Style
2 1/2 Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Stone
Faces
East

Parking

Garage spaces
1
Total parking
6
Driveway and parking
Private Triple

Lot

Size
42 × 124 ft

More

Possession
Flexible
Nearby
Hospital, Park, Place Of Worship, School, Fenced Yard, Public Transit
Cross street
Hwy 8 / Sherman Ave S

Rooms

RoomLevelSizeFeatures
BedroomBasement5.15 × 3.74 m (16'11" × 12'3")
Living RoomSecond4.43 × 4.81 m (14'6" × 15'9")
Primary BedroomSecond3.09 × 3.74 m (10'2" × 12'3")
KitchenBasement3.07 × 4.93 m (10'1" × 16'2")
KitchenMain3.66 × 6.43 m (12' × 21'1")Eat-in Kitchen
KitchenSecond3.66 × 4.46 m (12' × 14'8")
BedroomThird2.23 × 2.9 m (7'4" × 9'6")
BedroomMain3.59 × 2.96 m (11'9" × 9'9")
Dining RoomSecond2.72 × 3.42 m (8'11" × 11'3")
Dining RoomThird3.61 × 3.09 m (11'10" × 10'2")
Living RoomBasement4.35 × 3.05 m (14'3" × 10')
BedroomSecond3.25 × 2.96 m (10'8" × 9'9")
Living RoomMain3.66 × 4.52 m (12' × 14'10")
Dining RoomBasement4.71 × 4.93 m (15'5" × 16'2")
Living RoomThird5.49 × 4.95 m (18' × 16'3")
KitchenThird1.44 × 5.83 m (4'9" × 19'2")

History of this address

4 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

  • 🚆 Hamilton GO Centre2.5 km

Within a 10-minute walk: no grocery stores, 10 cafés and restaurants, 5 parks, 2 pharmacies. Nearest park: Cumberland Tot-Lot (500 m).

Schools nearby

Elementary

  • Adelaide Hoodless Public School
    EQAO: Gr 6 reading 79%, math 52%    4 min walk
  • École élémentaire catholique Notre-Dame French
    EQAO: Gr 6 reading 96%, math 65%    11 min walk
  • Prince of Wales Elementary Public School
    EQAO: Gr 6 reading 79%, math 49%    14 min walk
  • Sacred Heart of Jesus Catholic Elementary School Catholic
    EQAO: Gr 6 reading 86%, math 38%    16 min walk

Secondary

  • St. Charles Adult & Continuing Education Centre - Downtown East Campus Catholic1 min walk
  • Bernie Custis Secondary School
    EQAO: Gr 9 math 36%, literacy test 65%    12 min walk
  • Cathedral High School Catholic
    EQAO: Gr 9 math 43%, literacy test 64%    14 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L8M

Owners / renters
40% / 60%
Median household income
$61,200
Average age
40
Children under 15
14%
Homes
38% detached, 13% high-rise
Commute by transit
15%
Population
13,774

Languages spoken most at home besides English: Spanish 1.3%, Arabic 0.6%, Polish 0.5%, Ukrainian 0.3%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Hamilton police: 62 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Hamilton: 3 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence, with a City business licence (since December 2023).

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by REAL BROKER ONTARIO LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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