54 Sherman Avenue, Hamilton, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Stipley. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $399,900 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Premium 20 x 80 ft lot size
- Features a separate entrance, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Accessory Apartment, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Enjoy the versatility of this vacant two-unit home with 9' ceilings, parking for 3 vehicles, 4 bedrooms above grade, 2 full bathrooms, and no backyard to maintain! With over 2000 square feet of livable space and the potential for a small third unit in basement, this property could be perfect for the saavy investor, multi-generational household, or growing family. Located in the heart of downtown Hamilton, you are never far away from restaurants, shopping, public transport, highways, and more. Come join this great community!
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Property Summary
This detached home located at 54 Sherman Avenue, Hamilton is currently for sale and has been available on SousaSells for 497 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 54 Sherman Avenue, Hamilton is in the Stipley neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
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Features
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Interior Features
Accessory Apartment, In-Law Suite
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 54 Sherman Avenue N, Hamilton, ON L8L 6L8
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 $399,900 in Hamilton, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.
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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.