53 Sherman Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Gibson. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $369,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 22 x 80 ft lot
- Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via gas
Description
Discover the potential in this solid 2.5-storey brick century home in the heart of Hamilton Centre. Just steps from Tim Hortons Field, public transit including the new LRT, shopping, and downtown amenities - this character-filled property is ideal for investors, renovators, or first-time buyers looking to build equity. Inside, the home features a large open concept living and dining room on the main level with a kitchen at the back overlooking the yard. There are three bedrooms and a full 4-piece bathroom on the second level, plus a finished third-storey loft that can serve as a fourth bedroom, office, or creative space. The covered front porch adds early-20th-century charm, while the private, grassed backyard offers room for gardening, play, or future outdoor improvements. The unfinished basement includes a second full bathroom, providing additional potential for living space. While the home requires updating, it provides a strong canvas and it is possible to move right in and take your time-bringing back its original character or transforming it to suit modern living. A rental parking space and storage garage nearby on Fife Street offer potential for those with a vehicle looking for dedicated parking. With its central location, solid brick construction, and flexible layout, this is a rare opportunity to reimagine a classic Hamilton home.
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Key Features
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Features
Property Features
Arts Centre, Hospital, Library, Public Transit, Rec./Commun.Centre, School
Interior Features
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 53 Sherman Avenue N, Hamilton, ON L8L 6M1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $369,900 in Hamilton, the legal minimum down payment is $18,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,024 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,024.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.