86 Sherman Avenue, Hamilton

Price: $499,900

6 bedrooms, 2 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13462614

Step into a piece of Hamilton history at 86 Sherman Avenue North. This grand Victorian residence showcases the kind of craftsmanship, character, and architectural detail that simply cannot be replicated today. From its impressive proportions to its timeless charm, this is a home that tells a story. Featuring 6 spacious bedrooms and 2 large bathrooms, the property provides exceptional flexibility for large families, multigenerational living, or those seeking a restoration project with tremendous upside. Original features such as 10 ft ceilings, 12" baseboards & refinished pine floors create a rare foundation for someone with a vision to bring this remarkable home back to its full potential. Convenient rear laneway access provides valuable private parking, while the central location places you just minutes from downtown Hamilton, the vibrant shops and restaurants of Ottawa Street and James Street North, Gage Park, schools, public transit, and easy highway access for commuters. Whether you're an investor, renovator, or buyer searching for a truly unique property, opportunities like this are becoming increasingly rare. Restore, reimagine, and revive one of Hamilton's classic Victorian homes.

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active
New Listing
1/49

$499,900 - 86 Sherman Avenue, Hamilton

Detached for Sale in Hamilton

New — Listed 2 days ago
6Beds
2Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X13462614
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
6
Bathrooms
2
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
ROYAL LEPAGE STATE REALTY
Description

Step into a piece of Hamilton history at 86 Sherman Avenue North. This grand Victorian residence showcases the kind of craftsmanship, character, and architectural detail that simply cannot be replicated today. From its impressive proportions to its timeless charm, this is a home that tells a story. Featuring 6 spacious bedrooms and 2 large bathrooms, the property provides exceptional flexibility for large families, multigenerational living, or those seeking a restoration project with tremendous upside. Original features such as 10 ft ceilings, 12" baseboards & refinished pine floors create a rare foundation for someone with a vision to bring this remarkable home back to its full potential. Convenient rear laneway access provides valuable private parking, while the central location places you just minutes from downtown Hamilton, the vibrant shops and restaurants of Ottawa Street and James Street North, Gage Park, schools, public transit, and easy highway access for commuters. Whether you're an investor, renovator, or buyer searching for a truly unique property, opportunities like this are becoming increasingly rare. Restore, reimagine, and revive one of Hamilton's classic Victorian homes.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

$
$
5%10%50%

5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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: Hamilton

Discover Hamilton

Hamilton 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 Hamilton

  • 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

Hamilton 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

86 Sherman Avenue, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
9.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$3,892

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 $200/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Hamilton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 6 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.

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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    86 Sherman Avenue, Hamilton | $499,900 | Battaglia Team