555 UPPER SHERMAN Avenue, Hamilton, ON
Property no longer active
This property was sold on December 13, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Raleigh. Expertly crafted featuring premium brick and metal/steel siding construction, this residence presents an exceptional opportunity offered at $649,900 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 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 41.57 x 98.94 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Water Heater Owned, Water Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Amazing opportunity for home buyers and investors! Renovated, four bedroom beautiful detached property in a key central Hamilton Mountain location. High and clean unfinished basement that can be used the way it is, or finished for your own use, or as a rental unit. As a bonus this property is zoned for a four-plex, with the potential to add more parking spaces in the front and back yards if you ever desire. The main waterline has already been replaced with a 1-inch copper line for your added convenience. Also for your convenience, the second storey of the house includes approximately 230 sqft of extra storage space. Amenities included: This property has Juravinski Hospital known for its excellencedown the road on a walking distance from it. Nine schools and four parks are within its vicinity. The closest bus stop is a one-minute walk. Both the fire and police stations are approximately within 3km. Terrific post-secondary institutes such as Mohawk College known in particular for its trades programs and the prestigious Mcmaster University are only a few minutes drive away. The Hamilton Go Centre Station with trains and buses running back and forth from Hamilton to Toronto at regular intervals is only 3km away from the property. Come see the potential for yourself, you'll love it!
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Property Summary
This detached home located at 555 UPPER SHERMAN Avenue, Hamilton is currently for sale and has been available on SousaSells for 592 days. This property is listed at $649,900 with an estimated mortgage of $2,163* per month. It has 4 beds, 1 bathroom, and is 1100-1500 square feet. 555 UPPER SHERMAN Avenue, Hamilton is in the Raleigh neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Interior Features
Water Heater Owned, Water Meter
Security Features
Community Features
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Location
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 555 UPPER SHERMAN Avenue, Hamilton, ON L8V 3L9
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 $649,900 in Hamilton, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.
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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.