35 Sherman Avenue, Hamilton

Price: $359,000

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13610674

Step into the charm of this solid brick 2.5-storey home, built in 1911, brimming with character and ready for your personal touch. The enclosed front porch offers a warm welcome and showcases the home's timeless appeal. Inside, you'll find a spacious layout with generous bedrooms on the second floor and a bright 4-piece bathroom. The third floor adds two additional bedrooms, perfect for guests, a home office, or creative space. The kitchen opens to a private backyard, providing the ideal setting for future gardens or outdoor entertaining. A separate side entrance leads to the unfinished basement, which includes an existing bathroom, offering excellent potential for additional living space. The surrounding neighbourhood is undergoing exciting revitalization, with **brand-new sewer infrastructure installed on the street** and a new City bus stop planned directly in front of the home, adding everyday convenience. The property is also located just minutes from the future Hamilton LRT corridor, providing easy access to one of the city's most significant transit and infrastructure investments. The Hamilton LRT will connect McMaster University to Eastgate Square via Main Street, King Street and Queenston Road, further enhancing connectivity and supporting long-term neighbourhood growth. An added convenience is the availability of a **detached garage and one additional parking space**, both of which are **currently rented for $200 per month** through a separate rental arrangement. These are **not included with the property** but may be available for the buyer to continue renting, subject to the existing arrangement. Rich in history and full of opportunity, this home is waiting for someone with vision to restore its original beauty and make it shine once again.

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$359,000 - 35 Sherman Avenue, Hamilton

Detached for Sale in Hamilton

Neighbourhood: Gibson

5Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13610674
Property Type
Detached
Status
active
Days on Site
27
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE STATE REALTY
Description

Step into the charm of this solid brick 2.5-storey home, built in 1911, brimming with character and ready for your personal touch. The enclosed front porch offers a warm welcome and showcases the home's timeless appeal. Inside, you'll find a spacious layout with generous bedrooms on the second floor and a bright 4-piece bathroom. The third floor adds two additional bedrooms, perfect for guests, a home office, or creative space. The kitchen opens to a private backyard, providing the ideal setting for future gardens or outdoor entertaining. A separate side entrance leads to the unfinished basement, which includes an existing bathroom, offering excellent potential for additional living space. The surrounding neighbourhood is undergoing exciting revitalization, with **brand-new sewer infrastructure installed on the street** and a new City bus stop planned directly in front of the home, adding everyday convenience. The property is also located just minutes from the future Hamilton LRT corridor, providing easy access to one of the city's most significant transit and infrastructure investments. The Hamilton LRT will connect McMaster University to Eastgate Square via Main Street, King Street and Queenston Road, further enhancing connectivity and supporting long-term neighbourhood growth. An added convenience is the availability of a **detached garage and one additional parking space**, both of which are **currently rented for $200 per month** through a separate rental arrangement. These are **not included with the property** but may be available for the buyer to continue renting, subject to the existing arrangement. Rich in history and full of opportunity, this home is waiting for someone with vision to restore its original beauty and make it shine once again.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,841.86/mo

Includes CMHC insurance ($10,016)

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5%10%50%

5-yr fixed avg.

Principal: $323,100Interest: $219,441
Mortgage Amount$333,116
Total Interest$219,441
Est. Property Tax$254/mo
Total Cost$552,557

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Gibson

Discover Gibson

Gibson is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Gibson

  • Convenient location in Hamilton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Gibson offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

35 Sherman Avenue, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
10.9%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$254
Insurance (est.)-$75
Net Cash Flow+$3,271

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $326/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 27 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.

About Gibson

I know Gibson well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    35 Sherman Avenue, Hamilton | $359,000 | Battaglia Team