531 Upper Sherman Avenue

Raleigh, Hamilton, ON L8V 3L9

For Sale · MLS® 40876436 · Cornerstone (ITSO) MLS®
2+1
Beds
2
Baths
827
Sqft
Single Family Residence
Type

Description

Welcome to 531 Upper Sherman Avenue! This well-maintained, turnkey home offers exceptional flexibility for homeowners, investors, or multi-generational families. Featuring two bedrooms on the main level and an additional bedroom in the basement, along with a full bathroom on each level, the functional layout provides excellent potential for extended family living or additional rental income to help offset your mortgage. The interior features tasteful, semi-modern finishes and is move-in ready. Outside, enjoy a private backyard surrounded by mature cedars, complete with a detached shed/workshop equipped with electricity, ideal for hobbies, additional storage, or a dedicated workspace. Whether you're looking to get into the market, supplement your income, or accommodate extended family, this property offers versatility and value at an attractive price. Don't miss this opportunity!

01 / Property recordListing details

Key Facts

MLS® #
40876436
Board
Cornerstone (ITSO) MLS®
Days on market
Tax
$3,492
Size
827 sqft
Lot
41.50 × 93.37 ft
Parking
3 Parking

Listing History

Listing activity for 531 Upper Sherman Avenue, Hamilton, ON

Date StartDate EndList PricePriceEventListing ID
N/AN/A$499,000N/AFor Sale40876436

Property Details

Property

Property Type
Single Family Residence
Style
Bungalow
Community
Raleigh
Municipality
Hamilton

Inside

Bedrooms
2+1
Bathrooms
2
Basement Type
Separate Entrance, Full, Finished
Kitchens
2

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air, Natural Gas

Building

Size
827 sqft
Construction
Brick

Parking

Driveway
Private Drive Single Wide
Add. Parking
3
Total Parking
3

Land

Sewer
Sewer (Municipal)
Lot Size
41.50 × 93.37 ft

Additional

Year built
1950
Foundation
Concrete Block
Roof
Asphalt Shing
Extras
Dishwasher, Dryer, Refrigerator, Stove, Washer

Rooms (12)

Eat-in Kitchen (2.74 × 3.35)

Level: Main

Living Room/Dining Room (3.35 × 5.59)

Level: Main

Bedroom (2.51 × 2.95)

Level: Main

Bathroom

4-Piece

Level: Main

Bathroom

3-Piece

Level: Basement

Bedroom (3.68 × 2.67)

Level: Basement

Bedroom Primary (2.74 × 3.84)

Level: Main

Kitchen (2.74 × 3.15)

Level: Basement

Dining Room (2.74 × 3.15)

Level: Basement

Living Room (2.74 × 3.15)

Level: Basement

Laundry

Level: Basement

Utility Room

Level: Basement

Location

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

14 records read 8 on record nearby 6 checked, none on recordRead 2026-11-09

Water and conservation

  • No mapped wetland within 120 m
  • 1 water-supply well recorded within 250 mIt was drilled for domestic use; 1 test or monitoring hole also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 4.8 m.
  • Bedrock about 3.7 m down nearbyThe middle depth to bedrock in the well records within 500 m.

Province of Ontario open data

Planning and building activity

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • Nearest airport: 7.6 km

Province of Ontario open data

Around the home

  • Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 40 m away. Routes and stops change; check the agency’s schedule.
  • A trail on the Ontario trail network within 1 km

Municipal transit open data · Province of Ontario open data

Environmental records

  • No licensed pit or quarry within 2 km
  • No recorded oil, gas or salt well within 250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.

Province of Ontario open data · Government of Canada open data

Power and internet

  • Electricity is distributed here by Alectra Utilities Corporation
  • Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Dotto One, Rogers. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

Ontario Energy Board · Innovation, Science and Economic Development Canada

None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$2,288

  • Down payment$99,800
  • Mortgage amount$399,200
  • Total interest$287,200
  • Total cost$786,200

Cash flow analysis

$2,288

Total monthly payment

$2,579

Break-even down payment

100%

Cash flow-$2,579
03 / Community profileNeighbourhood demographics

Expand Neighbourhood demographics to load Statistics Canada census charts.

$499,000

$499,000

CAD

Estimate unavailable

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