Property Description

Welcome to 227 Sherman Avenue South! An excellent investment opportunity in the highly desirable St. Clair neighbourhood, this impressive 2.5-storey brick multi-residential home is surrounded by beautiful character properties and located just minutes from Gage Park, the Bernie Morelli Recreation Centre, schools, shopping, downtown access, and major highways. Set in a high-demand rental area, the property offers three above-grade one-bedroom units, with the main-level unit currently vacant…ideal for an owner-occupant looking to live in one unit while generating rental income from the other two. Investors will appreciate the strong rental potential, separate hydro meters, common laundry facilities in the basement, common front entry and foyer, steel fire escapes, durable steel roof, new owned hot water heater in 2025, and new boiler furnace in 2025. A fantastic opportunity to add a well-located income property to your portfolio or step into multi-residential ownership with built-in flexibility. (id:7434)