574 Upper Sherman Ave

Hamilton | Eastmount | L8V 3M1
  • 3 + 1
  • 2
  • 0

$699,900

Est. Mtg $2,373 /mo
  • Days on market

    16

  • Status

    New

Listing Broker RIGHT AT HOME REALTY
Since listed: 1 views

Home details

MLS #:

X10415715

Property type:
Detached
Style:
Bungalow-Raised
Taxes:
$4,200
Possession:
Flexible
Lot Front:
30.05   Feet
Lot Depth:
108.24   Feet
Basement:
Finished | Sep Entrance
Driveway Pkg:
2
Heat:
Gas | Forced Air

Description


574 Upper Sherman Ave, , Hamilton, Ontario is a Detached property in Hamilton and in the Eastmount community in the L8V 3M1 postal code


This raised bungalow offers a rare opportunity to invest in a property with both residential charm and commercial potential. Recently renovated with a new kitchen featuring stainless steel LG appliances and hardwood floors throughout, this home is perfect for those looking to make it their own. With 3+1 bedrooms, 2 full bathrooms, and a finished basement apartment with a separate entrance, it also provides rental income potential.While some updates are needed to unlock its full value, the property is priced to reflect this, making it an excellent investment. Recent upgrades include new windows (2021), shingles (2015), modern fixtures, and expansive concrete access stairs.What truly sets this property apart is its commercial zoning, offering the possibility to develop a mid-rise office building. With its location on a spacious lot, this is the perfect site for a business venture or long-term investment.Whether you're looking for a property to renovate and enjoy as a home or an opportunity to build and develop, this property offers endless possibilities..

Extras

Fridge x 2, Stove x 2, dishwasher, Washer & Dryer, All Light fixtures, All Window Coverings, Gazebo in Backyard..


History

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List Date End Date List Price End Price Status MLS #
2022-08 2022-11 $679,999 $645,000 Sld X5746995
2024-11 2024-11 $699,900 $699,900 New X10415715

Comparables

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sold Date Address List Price sold Price DOM
2022-11 574 Upper Sherman Ave, $679,999 $645,000 65
2021-10 23 East 23rd St, $599,900 $710,000 7
2021-05 32 Audrey St, $599,900 $662,500 6
2019-07 162 East 23rd St, $479,900 $465,000 28

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Hamilton :

Properties sold
Average sale price
New Listings
Year on Year Growth

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 574 Upper Sherman Ave

Based on available 3rd party data

$2858

Approximate costs per month

Mortgage
$2373 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$350 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RIGHT AT HOME REALTY
Data Source: TRREB

Payment calculator

$2723 monthly. In association with: TD Bank
%
  • Principal and Interest
    2373 /mo
  • Property Taxes
    $350 /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

Marcus Le , Realtor

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