Was listed for:Expired Feb 28, 2025
$749,900

34 Sherman Avenue S

Hamilton (Gibson), ON L8M 2P4

Multiplex ExpiredNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 34 Sherman Avenue S, Hamilton, Gibson

2024-12-17
2025-02-28
Expired
Price
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MLS#
x11895037
2024-09-24
2024-12-17
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 34 Sherman Avenue S, Hamilton, Gibson

3000 square foot (basement included) LEGAL NON-CONFORMING TRIPLEX in the heart of Central Hamilton featuring a great suite mix. Largemain/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 atmarket 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 hydrometers (all passed on to tenants), main & fire escape egress, newer roof (2016) and soffits, eaves, fascia (2021). Units 1 & 3 include in-suitelaundry! Stabilized cap rate of 7%. Great addition to any portfolio or live/rent!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,868
Land Transfer Tax Fee
$11,473

Rental Items

Rental Equipment
Hot Water Heater

Basement Type
Separate Entrance, Finished

Interior Features

Interior Extras
In-Law Suite, Separate Hydro Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School

Building

Building Type
Multiplex
Building Style
2 1/2 Storey
Approx Age
100+

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
29.06 ft
Lot Depth
88.85 ft

Inclusions

Inclusions
3 fridges, 3 stoves, 2 dishwashers, 2 range-hoods, 1 OTR microwave, 2 washers, 2 dryers

Exclusions

Exclusions
Tenant belongings

Parking & Garages

Garage Type
None
Garage Spaces
1
Parking Spaces
1
Total Garage And Parking Spaces
1

Heating & Cooling

Heat Source
Other
Heat Type
Radiant
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
5 + 1
Washrooms
4
Kitchens
3

Room sizes

  • Bedroom—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath
  • Bedroom—
    Second level
  • Bedroom—
    Second level
  • Bathroom—
    Second level
  • Bedroom—
    Basement level
  • Bathroom—
    Basement level, 2 Pc Bath
  • Bathroom—
    Third level, 4 Pc Bath
  • Bedroom—
    Third level

Washrooms

  • 4-piece, Main
  • 4-piece, Second
  • 2-piece, Basement
  • 4-piece, Third

Municipality
Hamilton
Neighbourhood
Gibson
Main cross streets
Vineland Avenue
Zoning
D/S-1822

MLS® number
X11895037
Data source
Toronto Regional Real Estate Board
Status change
2025-02-28
Listed on
2024-12-17
Days on market
73 days
Possession type
Flexible
Co-op commission
2% plus HST
Seller
Listed by
REVEL REALTY INC.

Home Market Value

Current home valuation for 34 Sherman Avenue S, Hamilton, Gibson, Hamilton, ON. Listed for $749,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 34 Sherman Avenue S, Hamilton, Gibson

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Hamilton, ON
Minimum Down Payment Required:6.7%

5% on first $500K + 10% on $249,900 over $500K

Minimum down payment

$49,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
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%
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%
$
+CMHC insurance
$27,986$20,922$17,848$0
=Total mortgage
$727,643$695,832$655,263$599,920
Amortization
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Payment frequency
=Mortgage payment
$3,553monthly$3,397monthly$3,199monthly$2,929monthly
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Land Transfer Tax

Provincial

$11,473

Total Land Transfer Tax

$11,473

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