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86 Sherman Avenue

Hamilton, Ontario, L8L 6M4 - Gibson

$550,000

Neighbourhood

Gibson
Major Intersection

King St E & Sherman Ave N

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Detached, 2 1/2 Storey
Bedrooms

4 + 2
Bathrooms

2
Basement

Full
Kitchen

1
Total Parking

2
Lot Size

32.38x110 (Feet)
Taxes

$4,671.06 (2025)
Type

Freehold

Property Description

Property description for 86 Sherman Avenue, Hamilton

Exceptional opportunity for investors, developers, and contractors. 86 Sherman Ave N is a solidbrick property located in a high-demand, rapidly revitalizing area-perfect for conversion to amultiplex. Generous lot, strong fundamentals, and a layout that lends itself well to reconfigurationand value-add potential. Ideal candidate for additional units (buyer to verify zoning and permits).Surrounded by transit, amenities, and ongoing redevelopment.

Listed by Royal Lepage Real Estate Associates

Property details

MLS #

X12778208
Sq. Ft

3000-3500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Lane
Garage

None
Total Parking

2
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X12778208
Sq. Ft

3000-3500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Lane
Garage

None
Total Parking

2
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Dining

3.63 x 4.24 ft Main level
Living

4.85 x 4.54 ft Main level
Kitchen

3.18 x 4.85 ft Main level
Bathroom

2.12 x 3.33 ft Main level
2nd Br

3.33 x 4.24 ft 2nd level
3rd Br

3.03 x 3.33 ft 2nd level
4th Br

2.72 x 3.45 ft 2nd level
Bathroom

2.12 x 3.45 ft 2nd level
Sitting

6.06 x 3.94 ft Upper level
5th Br

2.72 x 3.33 ft Upper level
Br

3.94 x 4.24 ft Upper level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Detached in Gibson

Active listings

Average Selling Price of a Detached

January 2026

$585,000

Last 3 Months

$486,245

Last 12 Months

$511,280

January 2025

$445,000

Last 3 Months LY

$495,262

Last 12 Months LY

$578,406

Change

31%

Change

-2%

Change

-12%

Historical Average Selling Price of a Detached in Gibson

Average Selling Price

3 years ago

$657,000

Average Selling Price

5 years ago

$600,977

Average Selling Price

10 years ago

$230,000

Change

-11%

Change

-3%

Change

154%

Average Selling price

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Closing Cost Calculator

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Purchase Price

First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.