227 SHERMAN Avenue
Hamilton, Ontario
3 bed • 3 bath • Multi-family
Welcome to 227 Sherman Avenue South! An excellent investment opportunity in the highly desirable St. Clair neighbourhood, this impressive 2.5-storey brick multi-residential home is surrounded by beautiful character properties and located just minutes from Gage Park, the Bernie Morelli Recreation Centre, schools, shopping, downtown access, and major highways. Set in a high-demand rental area, the property offers three above-grade one-bedroom units, with the main-level unit currently vacant…ideal for an owner-occupant looking to live in one unit while generating rental income from the other two. Investors will appreciate the strong rental potential, separate hydro meters, common laundry facilities in the basement, common front entry and foyer, steel fire escapes, durable steel roof, new owned hot water heater in 2025, and new boiler furnace in 2025. A fantastic opportunity to add a well-located income property to your portfolio or step into multi-residential ownership with built-in flexibility.
Price History
Property
- Lot Size
- 0.08 acres
Schools
Elementary
- Adelaide Hoodless Public School0.3 km
Public · Hamilton-Wentworth DSB · 580 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 52% met the provincial standard
- ÉÉC Notre-Dame0.5 km
French Catholic · CS catholique MonAvenir · 215 students
Grade 3 reading: 23% met the provincial standard · Grade 6 math: 65% met the provincial standard
- Sacred Heart of Jesus Catholic Elementary School0.8 km
Catholic · Hamilton-Wentworth CDSB · 235 students
Grade 3 reading: 53% met the provincial standard · Grade 6 math: 38% met the provincial standard
Secondary
- Cathedral High School1.3 km
Catholic · Hamilton-Wentworth CDSB · 1650 students
Grade 10 literacy: 64% met the provincial standard
- Bernie Custis Secondary School Secondary School1.3 km
Public · Hamilton-Wentworth DSB · 955 students
Grade 10 literacy: 65% met the provincial standard
- System Alternative Education Sir Isaac Brock Secondary School2 km
Public · Hamilton-Wentworth DSB · 65 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L8M
- Population
- 13,774
- Private dwellings
- 7,096
- Median age
- 38.4
- Average household size
- 2.1
- Median household income
- $61,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Hamilton · last 12 months
- Median sold price
- $681,000
- Homes sold
- 5,009
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 5,009 recorded sales of multi-family properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$164,970
Estimated Monthly Payment
$4,052
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,052/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $206/mo
Estimates only. Consult a financial advisor.
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