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BEDROOMS 3
BATHROOMS 2
KITCHENS 15
ROOMS X13841012
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Property Description
A beautiful example of Hamilton's early 20th-century architecture, this 1912 brick home offers the character, space and versatility of a thoughtfully laid-out duplex. The main floor features a generously sized one-bedroom apartment, while the second and third floors offer a spacious three-bedroom, two-bathroom residence with a separate kitchen walkout and beautiful original period details, including stained glass windows. Set on an exceptionally deep 150-foot lot, the property features landscaped gardens in both the front and back, plus a brick carriage house with its own electrical panel and alley access, offering potential for conversion into an ADU or artist's studio. With parking for four cars and a location within walking distance of Gage Park, Rooney's and Adelaide Hoodless Elementary School , this is a home that brings together historic character, flexibility and plenty of room to grow.
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Property Features
Carpet Free, Water Heater Owned, Lane, Private
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Property Details
Address
155 Sherman Avenue
Community
City
Postal Code
L8M 2R1
Property Type
Duplex, Duplex
Zoning
R1a
Lot Size
40' x 151'
Taxes
$5,739 (2026
Basement
Separate Entrance, Full
Exterior
Deck, Porch
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
Detached
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Listing contracted with Coldwell Banker Community Professionals
Welcome to 167 Balmoral Ave! Move right in, both units are vacant and awaiting new owners or tenants. Legal two family home (as per zoning verification 2012) with potential to add an in-law suite in the basement. Conveniently located steps from Gage Park, Ottawa Street shopping district, public transit, and minutes to Red Hill and QEW. Loads of character and charm! Original beams on main floor, wood doors and trim with new flooring and new windows. The main floor is a spacious 2 bedroom unit with living room, dining room and eat-in kitchen. The second floor provides an additional two bedroom unit with living room and eat-in kitchen. Shared laundry in the basement + full bathroom and kitchen rough-in. Freshly painted throughout, new lights fixtures, professional waterproofing in the basement with sump pump, boiler updated in 2010, roof shingles 2023, updated wiring, updated water meter, some windows including large basement egress windows. Select photos have been virtually staged.
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143 Sherman Avenue N, Hamilton is an investment property within a portfolio. Fully-renovated duplex with a bonus attic apartment in a strong lower-city location - the highest-income property among the portfolio's new additions, offered at a 5.50% in-place cap rate on current rents. This fully-tenanted, five-door property generates $70,020 in gross annual rent and $46,204 NOI at an asking price of $840,000.The main and upper duplex units are configured as a 2-bedroom apartment and a three-room mid-level unit (one room with a private ensuite), with a self-contained one-bedroom attic apartment above producing additional income. The building was fully rebuilt and modernized following a 2021 fire, meaning all major systems, finishes, and layouts are effectively new. Separate metering - three hydro meters and two gas meters - is a significant advantage in this portfolio: it opens the door to shifting utility costs to tenants over time and cleanly submetering by unit, protecting NOI against rising utility costs. Off-street parking for four (three at the rear, one at the front) adds a rentable amenity in a location where street parking is at a premium. Three of the five doors are month-to-month or expiring, giving a new owner a clear, low-risk path to reset rents to market on standard notice without waiting years for turnover - and the mix of self-contained apartments and rentable rooms lets income be grown door-by-door rather than all at once. Combined with the fresh renovation, that means minimal near-term capital outlay: a new owner can focus on income growth rather than deferred maintenance. Situated in an appreciating lower-city pocket close to transit, schools, and everyday amenities.
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Impressive mixed-use investment opportunity situated on a generous 75.25 ft x 137.42 ft lot in a high-exposure King Street East location. This income-producing property offers a rare combination of commercial and residential revenue streams, making it an excellent addition to any investment portfolio. The property features a commercial unit on the main level generating $2,500/month, a spacious upper residential apartment currently rented for $2,000/month, and a basement unit with potential to generate $2,000/month. With multiple tenancies in place, investors can benefit from immediate cash flow and long-term appreciation potential.Strategically located in Hamilton's growing east-end corridor, this property enjoys excellent visibility, steady pedestrian and vehicular traffic, and convenient access to transit, major roadways, shopping, and neighbourhood amenities. The expansive lot offers added value and future potential, subject to municipal approvals. Whether you're an investor seeking stable income or an owner-operator looking for a property with built-in rental support, this versatile mixed-use asset presents an outstanding opportunity in a thriving market.
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INVESTMENT Property in the desirable Stinson neighbourhood of Hamilton, offering an excellent location and featuring a readily tenanted duplex with excellent tenants and both units leased at strong market value. This income-generating property offers two bright and spacious, self-contained above-grade units, with approximately 2,054 sq ft of above-grade living space plus an additional 880 sq ft of finished basement space. Each unit has a separate entrance and dedicated rear parking space. Unit 1 on the main floor features charming high ceilings, large windows, abundant natural light, one bedroom, a full bathroom with double vanity, a spacious kitchen, and a large great room combined with dining area. Private in-suite-style laundry is located in the basement. Unit 2 on the second floor has been freshly painted and offers three bedrooms, a full bathroom with double vanity, kitchen combined with dining area, a bright family room, and private in-suite laundry. An ideal opportunity for investors seeking a well-located, income-generating property with two separate residential units. Located minutes from Downtown Hamilton, Hamilton GO Centre, West Harbour GO Station, McMaster University, Mohawk College, St. Joseph's Healthcare Hamilton, and Hamilton General Hospital. Don't miss this opportunity!
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Welcome to a fantastic investment opportunity in Hamilton. This detached home offers three self-contained units, providing a versatile option for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Extensively updated from top to bottom in 2018, each bright and well maintained unit features its own in-suite laundry and a fully equipped kitchen with fridge, stove, and dishwasher. All three units are currently tenanted, offering immediate rental income. The main-floor unit is rented for $1,599/month, while the upper unit, spanning two levels, is rented for $1,747/month and lower-level unit is rented for $1,299/month. Parking is conveniently located at the rear of the property with laneway access (and street parking available). Ideally situated close to shopping, major highways, Lake Ontario, parks, and everyday amenities, this property combines a convenient location with excellent income potential. A turnkey opportunity for investors looking to add a modernized multiunit property to their portfolio. Separately metered for hydro/gas.
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Attention investors! Amazing 2 1/2 storey legal Duplex + In-Law Suite, in the heart of the desirable Ottawa StreetSouth neighbourhood. Beautifully, completely renovated from top to bottom. Two of the units are currentlytenanted. New luxury vinyl floors throughout, all new windows, stainles steel appliances & contemporary woodcabinets in kitchens. In-suite laundry in each unit. Private entrance for each unit, parking, motion sensor lighting &security cameras. Walk to shopping & restaurants. 2121sqft of living space.
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Meticulously renovated legal two-family dwelling in Hamilton Mountain's desirable Balfour neighbourhood. This solid brick bungalow offers 3+2 bedrooms, 2 full bathrooms, 2 kitchens, and excellent flexibility for first-time home buyers looking to live on the main floor while renting out the legal basement unit for additional income. It also works well for extended family or multi-generational living. Enjoy extensive recent upgrades throughout, including vinyl flooring, updated kitchens and bathrooms, stone countertops, two sets of stainless steel appliances, two washers and dryers, modern lighting and fixtures, and more. Ideally located close to highway access, public transit, shopping, restaurants, parks, schools, and everyday amenities. A fantastic opportunity for homeowners and investors alike. Book your showing today.
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RARE DOWNTOWN HAMILTON OPPORTUNITY. TURNKEY LEGAL DUPLEX + IN-LAW SUITE. This is the kind of property buyers wait for. Exceptionally versatile and ready to move in or generate extra income! Whether you're an investor, a first-time buyer looking to offset your mortgage, or a family seeking flexible multi-generational living, this property offers an incredible combination of location, space and functionality. Fully renovated in 2020 from top to bottom, with extensive upgrades including electrical, plumbing, HVAC, windows, framing, drywall, flooring, kitchens with stainless steel appliances, bathrooms with modern finishes, trim, doors and waterproofing. Additional peace of mind comes with a roof updated in 2023, 200-amp electrical panel, and sump pump. The legal duplex with in-law suite offers an incredibly flexible layout: 1 bedroom + 4-piece bath on the main level, 3 bedrooms + 4-piece and 3-piece baths upstairs, plus 1 bedroom + 4-piece bath in the lower level. Each living space features separate hydro metering, in-suite laundry, and updated kitchens and bathrooms, providing privacy and convenience for everyone. The exterior delivers just as much value with a prime corner lot, covered front porch, freshly paved double wide, 3-car driveway and detached garage for additional parking or storage. Located in prime Downtown Hamilton, you're surrounded by shops, restaurants, transit, amenities and everyday conveniences. Whether you're looking to build wealth, reduce your monthly housing costs, or create the perfect setup for your family, this property gives you options that few homes can match.
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An exceptional investment opportunity in Hamilton's Gibson/Stipley neighbourhood, this fully renovated multi-residential property offers strong cash flow potential and stable, reliable income from day one! OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down. Talk about affordable! Configured as a legal duplex with an additional self-contained in-law suite, the property features three well-maintained suites with quality finishes throughout, including updated kitchens, modern bathrooms, and in-suite laundry in each unit. Separate hydro meters provide efficient expense management and added appeal for investors. Currently tenanted by long-term occupants who are easy to manage, communicative, and paying at or slightly above market rents, this is a true turnkey asset with minimal operational overhead. Ideally located close to downtown Hamilton, transit, and key amenities, the property benefits from consistent rental demand in a high-growth area. A prime addition to any real estate portfolio, offering both immediate income and long-term appreciation potential. RSA.
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Turnkey Multi Family Investment Opportunity in the Heart of Hamilton! An exceptional opportunity to own a fully renovated 4-Unit, cash-flowing multi-unit property in Downtown Hamilton! This investment boasts modern finishes, strong rental income, and minimal maintenance, making it a prime investment for any savvy buyer. SUITE MIX: 2 x 2-Bedroom Units, 2 x 1-Bedroom Units - All units updated within the last 3 years featuring modern finishes such as Quartz countertops, stainless steel appliances, vinyl plank flooring, subway tile backsplashes, and brand-new bathrooms. 3 of the 4 units feature private laundry for tenant convenience!
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