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$729,900
Hamilton
26 SHERMAN Avenue North, Hamilton, Ontario, L8L6L8
This multi-family property in Hamilton is for sale offering roughly 1,942 sq ft of space. It has been on the market 11 days, fresher than the Hamilton average of 65 days.
Great investment opportunity in Hamilton! This bright and carpet-free property features three self-contained units with private entrances. The main-floor and basement levels make up one spacious bachelor plus den unit. The main floor features a cosy gas fireplace and a chef’s kitchen with plenty of storage. Enjoy direct access to the deck right off the kitchen. The basement offers a summer kitchen and bathroom along with convenient laundry for the unit. The second floor features a one-bedroom plus den unit. On the third floor, you’ll find a charming one-bedroom suite complete with a skylight that fills the space with natural light. Outside, the fully fenced yard offers tiered outdoor space for all three units. A two-car garage accessed from the laneway adds valuable parking and storage. Conveniently located near Hamilton Stadium. Enjoy easy access to parks, schools, transit, the hospital, restaurants and shops. A versatile property with plenty to offer investors looking to expand their portfolio in a well-connected Hamilton neighbourhood. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 11 days on market, against an average age of 65 days across the listings currently for sale in this city
This 2-bed multi-family in Hamilton has been listed for 11 days, which is 54 days fresher than the city average of 65. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $729,900, about 11.2× the local median household income of $65,000.
Carrying it typically needs a household income of about $142,575 (20% down, 25-yr amortization, stress-tested) — roughly 119% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8L)
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Loading rates, 30-yr amortization
Cash Needed to Close
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