137 Sherman Ave
Blakeley, Hamilton, Ontario L8M 2R1
- Bedrooms
- 4+1
- Bathrooms
- 4
- Size
- 2,500–3,000sq ft
- Per sq ft
- $418at the range’s middle
- Lot
- 42 x 124 ft
- Tax a year
- $7,1002026 tax year
- Parking
- 61 detached
- Days on market
- Members
The brief
About 137 Sherman Ave
137 Sherman Ave is a 4+1-bedroom, 4-bathroom fourplex in Blakeley, Hamilton, listed for sale at an asking price of $1,149,900 (MLS® X13862498).
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.
Insights
Condition Score
Good83/1004 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall25/100−$2,039/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 22 homes with 5 bedrooms for lease in Hamilton right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $7,100 / 2026
- MLS® number
- X13862498
- Board
- TRREB MLS®
- Property Type
- Fourplex
- Days on market
- Size
- 2500-3000 sqft
- Lot Size
- 42 x 124 ft
- Listed on
- Parking
- 1 Detached, 6 Parking
Property details
Property
- Property Type
- Fourplex
- Style
- 2 1/2 Storey
- Community
- Blakeley
- Municipality
- Hamilton
Building
- Size
- 2500-3000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4+1
- Bathrooms
- 4
- Bathroom Details
- 1 × 3pc Main, 1 × 4pc 2nd, 1 × 3pc 3rd, 1 × 4pc Bsmt
- Basement Type
- Full
- Kitchens
- 4
Parking
- Driveway
- Private Triple
- Garage Type
- Detached
- Garage
- 1
- Additional Parking
- 5
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Radiant
Land
- Sewer
- Sewers
- Frontage
- 42 ft
- Depth
- 124 ft
- Lot Size
- 42 x 124 ft
Additional
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- See Schedule B1
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Br | 3.74 × 5.15 m | — | Bsmt |
| Living | 4.81 × 4.43 m | — | 2nd |
| Primary | 3.74 × 3.09 m | — | 2nd |
| Kitchen | 4.93 × 3.07 m | — | Bsmt |
| Kitchen | 6.43 × 3.66 m | Eat-In Kitchen | Main |
| Kitchen | 4.46 × 3.66 m | — | 2nd |
| Br | 2.9 × 2.23 m | — | 3rd |
| Br | 2.96 × 3.59 m | — | Main |
| Dining | 3.42 × 2.72 m | — | 2nd |
| Dining | 3.09 × 3.61 m | — | 3rd |
| Living | 3.05 × 4.35 m | — | Bsmt |
| Br | 2.96 × 3.25 m | — | 2nd |
| Living | 4.52 × 3.66 m | — | Main |
| Dining | 4.93 × 4.71 m | — | Bsmt |
| Living | 4.95 × 5.49 m | — | 3rd |
| Kitchen | 5.83 × 1.44 m | — | 3rd |
Listing history
Buy/sell history for 137 Sherman Ave, Hamilton, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,149,900 | N/A | Sc | X13862498 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $229,980
- Total mortgage amount
- $919,920
- Total interest payment
- $654,180
- Total purchase cost
- $1,804,080
- Mortgage payment
- $5,247/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
51%Monthly carrying cost
$5,839- Rent $3,800
- Shortfall $2,039
Rental income opens at $3,800, the median asking rent of 22 comparable homes for lease in Hamilton. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $19,473
- Total land transfer tax
- $19,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $15,473
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,149,900
- $14,998
- Ontario total
- $19,473
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 5,208 sq ft484 m²
- Street frontage
- 42 ft12.8 m
- Depth
- 124 ft37.8 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m7 test or monitoring holes also recorded.250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 9.3 km9.3 km
Province of Ontario open data
Around the home3
- Nearest rail line: 500 m500 m
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 70 m away. Routes and stops change; check the agency’s schedule.400 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data · Municipal transit open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is GFL Environmental Services Inc. — GFL Environmental Services Inc. (Hamilton - Lottridge), 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Dotto One, Rogers. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Hamilton Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence
The market
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Hamilton GO Centre | GO Transit train: Lakeshore West | 2.5 km |
| West Harbour GO | GO Transit train: Lakeshore West | 3.1 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Adelaide Hoodless Public SchoolHamilton-Wentworth DSB | Public · grades JK–8 | 300 m | 65%Grade 6 average |
| ÉÉC Notre-DameConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 650 m | 80%Grade 6 average |
| Prince of Wales Elementary Public SchoolHamilton-Wentworth DSB | Public · grades JK–8 | 800 m | 69%Grade 6 average |
| St. Ann (Hamilton) Catholic Elementary SchoolHamilton-Wentworth CDSB | Catholic · grades JK–8 | 1 km | 76%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Bernie Custis Secondary School Secondary SchoolHamilton-Wentworth DSB | Public · grades 9–12 | 1.1 km | 36%Grade 9 math |
| Cathedral High SchoolHamilton-Wentworth CDSB | Catholic · grades 9–12 · French Immersion | 1.3 km | 43%Grade 9 math |
| Sherwood Secondary SchoolHamilton-Wentworth DSB | Public · grades 9–12 · French Immersion | 2.6 km | 39%Grade 9 math |
| ÉSAC Mère-TeresaConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 3.9 km | 45%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Recently sold nearby
Sold prices in Blakeley are shown to signed-in members.