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Home ON Greater Hamilton Hamilton Old Hamilton Raleigh
329 UPPER SHERMAN Avenue
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329 UPPER SHERMAN Avenue $5,699,900
$5,699,900
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329 UPPER SHERMAN Avenue
Hamilton, Ontario L8V3L1

MLS® Number: 40785073
25
Bedrooms
20
Bathrooms
17080
Square Feet

Listing Description

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. (69856958)

Location Description

Mountain Park Avenue/Sherman Cut

Property Summary

Property Type
Multi-family
Storeys
6
Square Footage
17080 sqft
Subdivision Name
174 - Raleigh
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$36,692.56
Parking Type
Attached Garage, Covered
Time on REALTOR.ca
40 days

Building

Bathrooms
Total
20
Interior Features
Appliances Included
Microwave, Microwave Built-in
Basement Type
None
Building Features
Features
Paved driveway, Laundry- Coin operated
Foundation Type
Block
Construction Material
Concrete block, Concrete Walls
Total Units
20
Heating & Cooling
Cooling
None
Heating Type
Radiant heat
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Brick Veneer, Concrete
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Hospital, Park, Playground, Public Transit, Schools, Shopping
Parking
Parking Type
Attached Garage, Covered
Total Parking Spaces
20

Measurements

Square Footage
17080 sqft
Above Grade Finished
17080 sqft
Source: Other

Land

Lot Features
Frontage
91 ft
Land Depth
100 ft
Other Property Information
Access
Road access
Zoning Description
R2
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