Get $1,248 Cash Back
531 UPPER SHERMAN Avenue, Hamilton — listed at $499,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to 531 Upper Sherman Avenue! This well-maintained, turnkey home offers exceptional flexibility for homeowners, investors, or multi-generational families. Featuring two bedrooms on the main level and an additional bedroom in the basement, along with a full bathroom on each level, the functional layout provides excellent potential for extended family living or additional rental income to help offset your mortgage. The interior features tasteful, semi-modern finishes and is move-in ready. Outside, enjoy a private backyard surrounded by mature cedars, complete with a detached shed/workshop equipped with electricity, ideal for hobbies, additional storage, or a dedicated workspace. Whether you're looking to get into the market, supplement your income, or accommodate extended family, this property offers versatility and value at an attractive price. Don't miss this opportunity! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | — |
| Laundry room | Basement | — |
| 3pc Bathroom | Basement | — |
| Bedroom | Basement | 12'1'' x 8'9'' |
| Dining room | Basement | 9'0'' x 10'4'' |
| Living room | Basement | 9'0'' x 10'4'' |
| Kitchen | Basement | 9'0'' x 10'4'' |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 8'3'' x 9'8'' |
| Primary Bedroom | Main level | 9'0'' x 12'7'' |
| Living room/Dining room | Main level | 11'0'' x 18'4'' |
| Eat in kitchen | Main level | 9'0'' x 11'0'' |
Is 531 UPPER SHERMAN Avenue a good fit for a growing family?+
With 3 bedrooms and 2 bathrooms (1654 sq ft), there's room for kids plus a guest room or home office.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,492, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
This home was built in 1950 — what should I watch for?+
Homes from this era may have original wiring, plumbing, or insulation. Key checks: electrical panel (100 vs 200 amp), roof age, furnace age, and whether the basement has ever had water issues. A thorough home inspection is essential.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 3 spaces.
Ask About This Property
Nearby Places
Searching nearby places…
Benchmark price · Updated 2026-09
Year over year
Past 10 years
Similar listings
For Sale27 days1
For Sale57 days6
For Sale167 days40
For Sale36 days28
The listing data above is provided under copyright by the Canadian Real Estate Association. While the information is considered reliable, its accuracy is not guaranteed by the Canadian Real Estate Association or getsetsold.ca. Neither getsetsold.ca nor its affiliates make any representations or warranties, express or implied, regarding the accuracy or completeness of the information presented here.