34 Sherman Ave S

Hamilton | Gibson | L8M 2P4
  • 5 + 1
  • 4
  • 0

$799,900

Est. Mtg $2,712 /mo
  • Days on market

    5

  • Status

    New

Listing Broker REVEL REALTY INC.
Since listed: 0 views

Home details

MLS #:

X9365758

Property type:
Triplex
Style:
2 1/2 Storey
Taxes:
$4,868
Possession:
Flexible
Lot Front:
29.06   Feet
Lot Depth:
88.85   Feet
Basement:
Finished | Sep Entrance
Driveway Pkg:
1
Heat:
Other | Radiant

Description


34 Sherman Ave S, , Hamilton, Ontario is a Triplex property in Hamilton and in the Gibson community in the L8M 2P4 postal code


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

Extras

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History

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List Date End Date List Price End Price Status MLS #
2021-09 2021-09 $649,000 $650,000 Sld X5373807
2024-01 2024-01 $1,600 $1,600 Sus X7393736
2024-09 2024-09 $799,900 $799,900 New X9365758

Comparables

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sold Date Address List Price sold Price DOM
2022-04 105 Lottridge St, $649,000 $760,000 7
2021-02 115 Spadina Ave, $679,899 $830,000 8
2018-07 33 Leinster Ave S, $699,000 $674,000 33

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Hamilton :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 34 Sherman Ave S

Based on available 3rd party data

$3252

Approximate costs per month

Mortgage
$2712 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$405 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Hospital
  • Park
  • Place Of Worship
  • Public Transit
  • Rec Centre
  • School
Listing Broker REVEL REALTY INC.
Data Source: TRREB

Payment calculator

$3117 monthly. In association with: TD Bank
%
  • Principal and Interest
    2712 /mo
  • Property Taxes
    $405 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mimmo Galatti, Realtor

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