$759,900

$774,900For salePrice drop↓ $15,000 (2%)

867 UPPER SHERMAN Avenue, Hamilton (Thorner) - Single Family for Sale

867 UPPER SHERMAN Avenue, Hamilton (Thorner), Ontario, L8V3N2

4 beds2 baths6 parking1,300 ft²50 × 100 ft (5,000 sq ft) lot sizeListed 49 days ago

Overview

This 4-bedroom, 2-bathroom home in Hamilton is for sale offering roughly 1,300 sq ft of space. Its $759,900 asking price sits right in line with the $759,900 median in Hamilton. It has been on the market 49 days, fresher than the Hamilton average of 59 days.

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Description

Turnkey legal duplex on the desirable Hamilton Mountain! Main floor 2 bedroom unit can be easily be turned back into 3 bedrooms. With approximately 1,100 sq.ft. even the basement unit is very spacious. The main floor features a large kitchen, solid oak cabinetry, hardwood flooring throughout, 4-piece bath, and a spacious primary bedroom with gas fireplace. The open concept basement unit is approx 5 years old. Two hydro meters and two water meters allow each unit to pay 100% of their own utilities. Recent major updates include a newer A/C, roof and basement waterproofing. A+ tenants paying market rent, making this a turnkey investment, or live in one unit and have the other help offset your mortgage. Double-wide driveway to complete the package! (id:66096)

Property Details

MLS®: X13794596
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 50 × 100 ft (5,000 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 3.61 x 5.44 meters
Dining room: 3.76 x 2.13 meters
Kitchen: 3.76 x 3.96 meters
Primary Bedroom: 3.61 x 5.92 meters
Bedroom: 3.05 x 2.77 meters

Basement

Living room: 3.99 x 3.35 meters
Kitchen: 3.89 x 4.19 meters
Bedroom: 2.92 x 4.01 meters
Bedroom: 3.58 x 3.15 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Dishwasher, Dryer, Microwave, Two stoves, Two Washers, Water Heater, Two Refrigerators
Foundation: Block
Exterior: Brick
Lot Features: In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Hamilton (Thorner) listings, avg age

59d

Price / ft²

$585

List price

$760K

Haho

This 4-bed single family in Hamilton (Thorner) has been listed for 49 days, which is 10 days fresher than the city average of 59. Act while there is still low competition.

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Listed by ROCK STAR REAL ESTATE INC. · CHRISTOPHER ALEXANDER HOOK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8V)

This home lists at $759,900, about 11.1× the local median household income of $68,500.

Carrying it typically needs a household income of about $148,435 (20% down, 25-yr amortization, stress-tested) — roughly 117% above the area median.

Median household income: $68,500
Population: 21,165
Median age: 44.4
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L8V)

$759,900· $585/ft²

For sale

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Full Cost Breakdown

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Down Payment6.71% · $50,990.00

Min 6.71%50%

Mortgage payment$3,930/mo

↳ CMHC premium ($28,356 capitalized)

Property tax (est.)$422/mo

Total monthly$4,352

Cash Needed to Close

Down payment (6.71%)$50,990

Land transfer tax$11,673

Est. closing costs$4,780

Total cash needed$67,443

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