574 Upper Sherman Avenue, Hamilton

  • Bedrooms: 4
  • Bathrooms: 2
  • Living area: 1055 square feet
  • Type: Residential
  • Added: 9 days ago
  • Updated: 9 days ago
  • Last Checked: 13 hours ago
This raised bungalow offers a rare opportunity to invest in a property with both residential charm and commercial potential. Recently renovated with a new kitchen featuring stainless steel LG appliances and hardwood floors throughout, this home is perfect for those looking to make it their own. With 3+1 bedrooms, 2 full bathrooms, and a finished basement apartment with a separate entrance, it also provides rental income potential.While some updates are needed to unlock its full value, the property is priced to reflect this, making it an excellent investment. Recent upgrades include new windows (2021), shingles (2015), modern fixtures, and expansive concrete access stairs.What truly sets this property apart is its commercial zoning, offering the possibility to develop a mid-rise office building. With its location on a spacious lot, this is the perfect site for a business venture or long-term investment.Whether you're looking for a property to renovate and enjoy as a home or an opportunity to build and develop, this property offers endless possibilities. (id:1945)
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Property DetailsKey information about 574 Upper Sherman Avenue

  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • Stories: 1
  • Year Built: 1965
  • Structure Type: House
  • Exterior Features: Brick, Brick Veneer
  • Foundation Details: Block
  • Architectural Style: Raised bungalow
  • Type: Raised Bungalow
  • Bedrooms: 3+1
  • Bathrooms: 2
  • Zoning: Commercial
  • Lot Size: Spacious

Interior FeaturesDiscover the interior design and amenities

  • Basement: Type: Finished, Apartment: true, Separate Entrance: true
  • Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings, Microwave Built-in
  • Living Area: 1055
  • Bedrooms Total: 4
  • Above Grade Finished Area: 1055
  • Above Grade Finished Area Units: square feet
  • Above Grade Finished Area Source: Plans
  • Renovations: Recently renovated
  • Kitchen: Type: New, Appliances: Stainless steel LG
  • Flooring: Hardwood floors

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 574 Upper Sherman Avenue

  • Lot Features: In-Law Suite
  • Water Source: Municipal water
  • Parking Total: 3
  • Parking Features: Attached Garage
  • Recent Upgrades: Windows: New (2021), Shingles: New (2015), Access Stairs: Expansive concrete

Location & CommunityUnderstand the neighborhood and community

  • Directions: Fennel Ave East x Upper Sherman
  • Common Interest: Freehold
  • Subdivision Name: 173 - Eastmount
  • Community Features: School Bus
  • Potential Uses: Residential, Commercial, Mid-rise office building

Business & Leasing InformationCheck business and leasing options available at 574 Upper Sherman Avenue

  • Rental Income Potential: true

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 574 Upper Sherman Avenue

  • Tax Annual Amount: 4200
  • Zoning Description: Residential
  • Price Reflects: Updates needed

Additional FeaturesExplore extra features and benefits

  • Investment Opportunity: true
  • Possibility To Develop: true
Room Dimensions
Type Level Dimensions
4pc Bathroom Main level x
Laundry room Basement 6'5'' x 7'5''
Foyer Basement x
3pc Bathroom Basement x
Kitchen Basement 9'5'' x 13'3''
Bedroom Basement 10'0'' x 22'0''
Foyer Main level x
Bedroom Main level 8'5'' x 10'0''
Bedroom Main level 8'5'' x 10'0''
Primary Bedroom Main level 10'0'' x 13'0''
Kitchen Main level 10'0'' x 12'5''
Dinette Main level 7'7'' x 10'0''
Family room Main level 12'0'' x 16'0''
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Nearby Listings Stat

Active listings
187
Min Price
$289,900
Max Price
$1,669,000
Avg Price
$675,614
Days on Market
38 days
Sold listings
74
Min Sold Price
$2,400
Max Sold Price
$1,199,000
Avg Sold Price
$659,629
Days until Sold
33 days
Additional Information about 574 Upper Sherman Avenue

This House at 574 Upper Sherman Avenue Hamilton, ON with MLS Number 40674952 which includes 4 beds, 2 baths and approximately 1055 sq.ft. of living area listed on Hamilton market by Kafayat Ayodele Peters - RIGHT AT HOME REALTY BROKERAGE at $699,900 9 days ago.

We have found 6 Houses that closely match the specifications of the property located at 574 Upper Sherman Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 698,000 and 969,000.

The current price of the property is $699,900, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 18% down payment, the total amount borrowed would be $573,918. This would result in a monthly mortgage payment of $3,273 over a 25-year amortization period.

More Details?
  • Kafayat Ayodele Peters
  • RIGHT AT HOME REALTY BROKERAGE
  • 416-829-1972
  • WebSite