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$749,900

34 Sherman Avenue S, Hamilton, ON, L8M 2P4

QuickQuoteTM: $726K - $973K
MLS® # 40685621

6 Beds

4 Baths

3564 FEETSQ sqft

Property Information:

3000 square foot (basement included) LEGAL NON-CONFORMING TRIPLEX in the heart of Central Hamilton featuring a great suite mix. Large main/basement 3 bed, 1.5 bath unit, spacious second floor 2 bed, 1 bath unit and a bigger then it looks brand new 1 bed, 1 bath loft unit at market rent. Unit 1 & 2 are great value adds with major rent upside at 25%. The property also features a 200 amp feed, 3 panels, 3 hydro meters (all passed on to tenants), main & fire escape egress, newer roof (2016) and soffits, eaves, fascia (2021). Units 1 & 3 include in-suite laundry! Stabilized cap rate of 7%. Great addition to any portfolio or live/rent!

Inclusions: Dryer,Microwave,Range Hood,Refrigerator,Stove,Washer,: 3 Fridges, 3 Stoves, 2 Dishwashers, 2 Range-Hoods, 1 Otr Microwave, 2 Washers, 2 Dryers

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 3564 Square Feet

Property Features:

  • Bedrooms: 6
  • Bathrooms: 3+1
  • Acres Range: < 0.5
  • Architectural Style: 2.5 Storey
  • Basement: Separate Entrance, Full, Finished
  • Built in: 1910
  • Construction Materials: Brick
  • Cooling: Wall Unit(s), Window Unit(s)
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 3564 Square Feet
  • Heating: Hot Water-Other, Radiant
  • Interior Features: In-Law Floorplan, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 88.85 Feet
  • Lot Features: Urban, Hospital, Park, Place of Worship, Public Parking, Rec./Community Centre, Schools
  • Lot Frontage: 29.06 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: D/S-1822
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 1

Rooms:

  • Living Main Level 4.67 X 3.35
  • Dining Main Level 4.14 X 3.48
  • Kitchen Main Level 2.90 X 2.84
  • Bedroom Main Level 3.78 X 2.84
  • Bathroom Main Level 3.07 X 2.79
  • Living 2nd Level 3.66 X 3.20
  • Bedroom Main Level 3.56 X 2.82
  • Dining 2nd Level 3.10 X 2.92
  • Kitchen 2nd Level 3.12 X 2.77
  • Pantry 2nd Level 2.77 X 1.02
  • Bedroom 2nd Level 3.58 X 3.10
  • Other Basement Level 5.08 X 3.05 Note: Kitchen/Living Room
  • Bedroom Basement Level 3.07 X 2.79
  • Bedroom 2nd Level 3.20 X 2.90
  • Bathroom 2nd Level 1.22 X 1.83
  • Bathroom 3rd Level 3.05 X 1.22
  • Bathroom Basement Level 1.27 X 1.07
  • Bedroom 3rd Level 3.05 X 2.44
  • Eat-in Kitchen 3rd Level 3.66 X 3.48
  • Living 3rd Level 4.57 X 3.35

Courtesy of: Revel Realty Inc.

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Location of 34 Sherman Avenue S, Hamilton, ON, L8M 2P4

Demographic Information of 34 Sherman Avenue S, Hamilton, ON, L8M 2P4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,080.59

Average Number of Children

1.75

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.39 %

High school certificate or equivalent

30.14 %

Apprenticeship trade certificate/diploma

5.5 %

College/non-university certificate

19.82 %

University certificate (below bachelor)

1.32 %

University Degree

18.82 %

Commuter

Travel To Work

By Car

70.19 %

By Public Transit

15.95 %

By Walking

8.2 %

By Bicycle

1.5 %

By Other Methods

4.16 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.31 %

Houses

47.69 %

Own Vs. Rent