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75-77 SHERMAN AVENUE S, Hamilton (Gibson) — listed at $925,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
One of Hamilton's original majestic homes, built in the late 1800s and beautifully preserved on a premium 52 x 110 ft lot. This approx. 4,000 sq ft triplex plus in-law suite offers five income streams - spacious 2-bedroom units throughout, gleaming refinished hardwood, restored oak trim and original doors, ornate fireplaces, and beveled leaded glass that simply can't be replicated today. Major systems are done: Weil-McLain boiler, fire retrofit, full basement waterproofing, and an independent basement heating system. Whether you're an investor eyeing strong cash flow & cap rates from 5 income streams or a house hacker looking to live nearly carrying-cost-free while tenants pay the mortgage, this is a rare, turnkey opportunity in a character home that doesn't come to market often. Ample parking in the driveway and storage in the double garage. (id:60164)
How is the home heated? Is it efficient?+
Heating is forced air, natural gas, radiator. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 5 spaces.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Who is 75-77 SHERMAN AVENUE S best suited for?+
With null bedrooms and 4 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,093.34, heating is forced air, natural gas, radiator. Always verify the latest figures with your agent before making an offer — these change yearly.
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