137 Sherman Avenue S, Hamilton, ON L8M 2R1
Blakeley, Hamilton · Near Hwy 8 / Sherman Ave S · View map
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.
The home
- Type
- Fourplex
- Style
- 2 1/2 Storey
- Square footage
- 2500-3000 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 1
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 12
- Basement
- Full, Separate Entrance, Finished
- Lot size
- 42 x 124 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Carbon Monoxide Detectors
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Radiant
- Fireplace
- Yes
Garage & parking
- Garage
- Detached
- Garage spaces
- 1
- Driveway spaces
- 5
- Total parking
- 6
- Parking features
- Private Triple
Taxes & other
- Property taxes
- $7,100/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Hwy 8 / Sherman Ave S
- Neighbourhood
- Blakeley
More
- Price per sq ft
- ~$418 (at 2,750 sq ft)
- MLS® number
- X13862498
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The home and its surroundings
- Carpet Free
- Primary Bedroom - Main Floor
- Hospital
- Park
- Place Of Worship
- School
- Fenced Yard
- Public Transit
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
137 Sherman Avenue, Hamilton, ON L8M 2R1
Blakeley, Hamilton · Near Hwy 8 / Sherman Ave S
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Listing history for 137 Sherman Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 137 Sherman Avenue S
Answers come straight from this home’s MLS® listing.
How much is 137 Sherman Avenue S listed for, and what would it cost each month?
137 Sherman Avenue S is listed for $1,149,900. With 20% down ($229,980), the mortgage payment would be roughly $4,638 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,230 a month, all in. That figure is an illustration, not a quote.
Is 137 Sherman Avenue S freehold or a condo, and is there a monthly fee?
137 Sherman Avenue S is a fourplex in Blakeley, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 137 Sherman Avenue S have?
137 Sherman Avenue S has 4 bedrooms, plus 1 more bedroom in the basement, and 4 bathrooms. The listing gives the style as 2 1/2 storey.
Does 137 Sherman Avenue S have a garage and parking?
Yes. The listing shows the garage as detached, with room for 1 car. The driveway adds 5 spaces. In total the listing counts 6 parking spaces.
Does 137 Sherman Avenue S have a finished basement?
The listing describes the basement as full, separate entrance, finished. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 137 Sherman Avenue S?
137 Sherman Avenue S is a fourplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 137 Sherman Avenue S, and what is the lot size?
The listing puts the home between 2,500 and 3,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 42 x 124 ft.
How is 137 Sherman Avenue S heated and cooled?
Heating is radiant (electric). The listing does not show air conditioning.
What are the property taxes for 137 Sherman Avenue S?
Property taxes are $7,100 a year (2026), or about $592 a month.
Where is 137 Sherman Avenue S?
137 Sherman Avenue S is in the Blakeley community of Hamilton. The nearest main intersection is Hwy 8 / Sherman Ave S. The postal code is L8M 2R1.
Is 137 Sherman Avenue S still for sale?
Yes. It is an active listing (MLS® X13862498). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 137 Sherman Avenue S asking?
Similar properties for sale nearby right now include 75-77 Sherman Avenue S at $899,900 (6+2 bed), 5 Maplewood Avenue at $899,900 (3+1 bed) and 2288 Binbrook Road at $1,199,999 (5+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 137 Sherman Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 137 Sherman Avenue S?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Blakeley, picked by style, size and price.
Triplex$899,90075-77 Sherman Avenue S, Hamilton6+2 bed · 4 bath · GibsonCourtesy of: ROCK STAR REAL ESTATE INC.View home →
Triplex$899,9005 Maplewood Avenue, Hamilton3+1 bed · 4 bath · BlakeleyCourtesy of: REAL ESTATE ADVISORS INC.View home →
Duplex$1,199,9992288 Binbrook Road, Hamilton5+2 bed · 4 bath · Rural GlanbrookCourtesy of: RIGHT AT HOME REALTYView home →Courtesy of: REAL BROKER ONTARIO LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.