329 Upper Sherman Avenue, Hamilton, ON, L8V 3L1

MLS® # 40785073

Investment For Sale In Raleigh, Hamilton, Ontario

$5,699,900

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329 Upper Sherman Avenue, Hamilton, ON - Outdoor With Facade

329 Upper Sherman Avenue, Hamilton, ON - Outdoor With View

329 Upper Sherman Avenue, Hamilton, ON - Outdoor

329 Upper Sherman Avenue, Hamilton, ON - Outdoor With Exterior

329 Upper Sherman Avenue, Hamilton, ON - Indoor

329 Upper Sherman Avenue, Hamilton, ON - Indoor Photo Showing Other Room

329 Upper Sherman Avenue, Hamilton, ON - Indoor Photo Showing Laundry Room

329 Upper Sherman Avenue, Hamilton, ON -

329 Upper Sherman Avenue, Hamilton, ON - Indoor Photo Showing Kitchen

329 Upper Sherman Avenue, Hamilton, ON - Indoor Photo Showing Kitchen With Double Sink

329 Upper Sherman Avenue, Hamilton, ON - Outdoor With View With Exterior

329 Upper Sherman Avenue, Hamilton, ON - Indoor Photo Showing Bedroom

329 Upper Sherman Avenue, Hamilton, ON - Indoor Photo Showing Living Room

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329 Upper Sherman Avenue, Hamilton, ON, L8V 3L1

$5,699,900

Property Information:

EXCEPTIONAL INVESTMENT OPPORTUNITY IN A HIGHLY SOUGHT-AFTER EAST MOUNTAIN COMMUNITY, IDEALLY SITUATED ADJACENT TO JURAVINSKI HOSPITAL AND CANCER CENTRE AND WITHIN WALKING DISTANCE TO SHOPPING, PARKS, TRAILS, AND PUBLIC TRANSIT. THIS PROFESSIONALLY MANAGED 20-UNIT APARTMENT BUILDING IS HOME TO AAA TENANTS AND HAS BEEN METICULOUSLY MAINTAINED, FEATURING APPROXIMATELY $300,000 IN RECENT UPGRADES AND IMPROVEMENTS. FIFTEEN SUITES BOAST ESCARPMENT VIEWS, WHILE ALL UNITS ARE MAINTAINED CLEAN AND WELL-KEPT. ADDITIONAL FEATURES INCLUDE ON-SITE COIN-OPERATED LAUNDRY FACILITIES AND 20 ON-SITE PARKING SPOTS, PROVIDING BOTH CONVENIENCE AND SUPPLEMENTAL INCOME. A TURN-KEY ASSET OFFERING STABILITY, QUALITY, AND STRONG LONG-TERM GROWTH POTENTIAL—IDEAL FOR THE DISCERNING INVESTOR.

Inclusions: Built-in Microwave,Microwave,Smoke Detector,Other,20 Fridges, 20 Stoves, 3 Dishwashers, 2 Coin-Operated Washers, 2 Coin-Operated Dryers.

Exclusions : Tenant's Belongings

Building Features:

Floor Space: 17080 Square Feet

Property Features:

Bedrooms: 25
Accessibility Features: Accessible Public Transit Nearby, Accessible Elevator Installed, Accessible Hallway(s), Hard/Low Nap Floors, Accessible Entrance, Level within Dwelling
Acres Range: < 0.5
Basement: None
Construction Materials: Brick, Brick Veneer, Block, Concrete
Cooling: None
Driveway Parking: Covered Parking, Outside/Surface/Open
Exterior Features: Balcony, Lighting, Separate Hydro Meters, Other
Floor Space (approx): 17080 Square Feet
Heating: Radiant
Interior Features: Elevator, Separate Hydro Meters
Laundry Features: Coin Operated
Lot Depth: 100 Feet
Lot Features: Rectangular, Ample Parking, Hospital, Park, Playground Nearby, Public Parking, Public Transit, School Bus Route, Schools, Shopping Nearby, Trails, View from Escarpment
Lot Frontage: 90.75 Feet
Parking Features: Attached Garage, Asphalt, Assigned
Road Frontage Type: Municipal Road
Road Surface Type: Paved
Roof: Flat
Security Features: Smoke Detector
Water Source: Municipal
Zoning: R2
Sewer: Sewer (Municipal)
No. of Parking Spaces: 20

Courtesy of: Homelife Professionals Realty Inc.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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Market Price Trends

Single family detached

-2.5%

Price change (1 year)

25.5%

Price change (5 years)

All Properties

-2.49%

Price change (1 year)

25.4%

Price change (5 years)

Location of 329 Upper Sherman Avenue, Hamilton, ON, L8V 3L1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 329 Upper Sherman Avenue , experiences 7 hot days per year at around 31.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.3 degrees Celsius.

Projected Avg. Temperature

Past

31.8℃

2050

35.3℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

59/100

Moderate

ClimateCheck®

Current data

This property, 329 Upper Sherman Avenue , experiences 11 significant 2-day storms per year, with about 308.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 383.4mm of precipitation per year.

Precipitation Per Storm

Past

308.9mm

2050

383.4mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 329 Upper Sherman Avenue, Hamilton, ON, L8V 3L1

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$82,993.23

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.73 %

High school certificate or equivalent

34.95 %

Apprenticeship trade certificate/diploma

6.99 %

College/non-university certificate

25.77 %

University certificate (below bachelor)

0.37 %

University Degree

14.19 %

Commuter

Travel To Work

By Car

73.61 %

By Public Transit

16.5 %

By Walking

7.61 %

By Bicycle

0.0 %

By Other Methods

2.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

70.31 %

Houses

29.69 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Single family detached

All Properties

Location of 329 Upper Sherman Avenue, Hamilton, ON, L8V 3L1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 329 Upper Sherman Avenue, Hamilton, ON, L8V 3L1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

329 Upper Sherman Avenue, Hamilton, ON, L8V 3L1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing