$1,225,000
FOR SALE

Detached 2 1/2 Storey

Bedrooms: 5Bathrooms: 4Lot: 41.99 x 124 ft
2025 Taxes: $7,094

137 Sherman Ave S
Hamilton, ON L8M 2R1 | Blakeley

Beautifully restored century home offering exceptional character, modern updates, and outstanding income potential! This R1a zoned fourplex features 4 self-contained apartments generating $91,380 in annual rental income, 4 separate hydro meters, and 4-car + onsite parking. Located in a prime Hamilton location close to Gage Park, Escarpment access, Hwy 403 and the QEW, and incoming Hamilton LRT, this is an excellent opportunity for investors or multi-generational living. This stunning 2.5-storey double brick home welcomes you with a large stately front porch and mature landscaping. Rich in original charm, the ground and 2nd floor units showcase original wood finishes and hardwood flooring, plaster medallions, crown mouldings and more, while units 3 and 4 boast more modern finishes and unique design elements. Major upgrades and improvements include: new fencing, engineered access stairs, windows, shingles (2015), paved parking, exterior waterproofing and sump pump, vaulted ceilings and upgraded lighting, added storage and closet spaces, and fully renovated basement with spray foam insulation, re-engineered and levelled slab, herringbone tile with in-floor heating throughout, large walk-in closet, rain shower and freestanding soaker tub, and upgraded lighting. Unit breakdown includes main floor 1-bedroom unit, second floor 2-bedroom unit + den, third floor 1-bedroom unit, and basement 1-bedroom unit.
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Listed By RE/MAX ESCARPMENT GOLFI REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13146266
Last Updated May 19, 2026
Property Summary
Property Type Detached

More like this:
PIN 172060005
Legal Description LT 5, PL 466 ; PT LT 6, PL 466, AS IN CD511416 ; HAMILTON
Possession Date Flexible
Taxes (2025) $7,094
Directions/Cross Streets Sherman and Main St E
Neighbourhood Blakeley
Area Hamilton
Price History

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Detailed Information
Fronting On North
Special Designations Unknown
Bedrooms 5
Bathrooms 4
Lot 41.99 x 124 ft
Exterior Brick
Air Conditioning None
Fireplace/Stove Y
Basement Full, Separate Entrance
Garage Type Detached
Garage/Park Spaces Y
Parking Spaces 4
Heat Source Gas
Heat Type Radiant
Sewers None

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