$749,900 FOR SALE

Triplex

Bedrooms: 5+1Bathrooms: 4Lot: 29.08 x 88.83 ft

34 Sherman Avenue S
Hamilton (Gibson), ON L8M 2P4

3000 square foot (basement included) LEGAL NON-CONFORMING TRIPLEX in the heart of Central Hamilton featuring a great suite mix. Largemain/basement 3 bed, 1.5 bath unit, spacious second floor 2 bed, 1 bath unit and a bigger then it looks brand new 1 bed, 1 bath loft unit atmarket rent. Unit 1 & 2 are great value adds with major rent upside at 25%. The property also features a 200 amp feed, 3 panels, 3 hydrometers (all passed on to tenants), main & fire escape egress, newer roof (2016) and soffits, eaves, fascia (2021). Units 1 & 3 include in-suitelaundry! Stabilized cap rate of 7%. Great addition to any portfolio or live/rent! (id:47423)

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Listed By REVEL REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X11895037
Last Updated Dec 17, 2024
Property Summary
Property Type Triplex

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Community Gibson
Price History
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Detailed Information
Bedrooms 5+1
Bathrooms 4
Lot 29.08 x 88.83 ft
Amenities Nearby Hospital, Park, Place of Worship, Public Transit, Schools
Community Features Community Centre
Features In-Law Suite
Listing Contract Date 2024-12-17
Location Description Vineland Avenue
# of Parking Spaces 1
Property Type Single Family
Transaction Type For sale
Zoning Description D/S-1822
Building
Amenities Separate Electricity Meters
Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Stove, Two Washers
Basement Development Finished
Basement Features Separate entrance
Basement Type N/A (Finished)
Cooling Type Wall unit
Exterior Finish Brick
Foundation Type Stone
# of Half Bathrooms 1
Heating Type Radiant heat
Stories Total 2.5
Type Triplex
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
BedroomSecond level3.58 m x 3.1 m
BedroomSecond level3.2 m x 2.9 m
BathroomSecond level1.22 m x 1.83 m
BathroomThird level3.05 m x 1.22 m
BedroomThird level3.05 m x 2.44 m
BedroomBasement3.07 m x 2.79 m
BathroomBasement1.27 m x 2 m
BedroomMain level3.78 m x 2.84 m
BedroomMain level3.56 m x 2.82 m
BathroomMain level3.07 m x 2.79 m
Land
Total Size 29.1 x 88.9 FT
Amenities Hospital, Park, Place of Worship, Public Transit, Schools
Sewer Sanitary sewer
Size of Irregular Land 29.1 x 88.9 FT

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