43.2317° N · 79.8472° W — Raleigh, Hamilton — MLS® #X14149678
531 Upper Sherman Ave
$499,000
Raleigh, Hamilton, Ontario L8V 3L9
- 2+1
- BedroomsBeds
- 2
- BathroomsBaths
- 700-1100 sqft700-1100
- SizeSq ft
- 41.5 x 93.37 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
531 Upper Sherman Ave is a 2+1-bedroom, 2-bathroom detached house in Raleigh, Hamilton, listed for sale at an asking price of $499,000 (MLS® X14149678).
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.
Listing readings
How it measures up
Scores from the listing record and the market around it.
73Good
Condition score
1 documented update signal
Listing age, structured features and disclosed update language; not an inspection.
57Near break-even
Cash flow quality
−$68/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 86 detached homes with 3 bedrooms for lease in Hamilton right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $3,492 / 2026
- MLS® number
- X14149678
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Time on market
- Size
- 700-1100 sqft
- Lot Size
- 41.5 x 93.37 ft
- Listed on
- Parking
- None, 3 Parking
Listing history
Listing activity for 531 Upper Sherman Ave, Hamilton, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $499,000 | N/A | For Sale | X14149678 |
Inside
Room by room
From the listing.
- Kitchen2.7 × 3.35 mEat-In Kitchen
- Living3.35 × 5.59 mCombined W/Dining
- Primary2.74 × 3.84 m
- Br2.51 × 2.95 m
- Kitchen2.74 × 3.15 m
- Living2.74 × 3.15 m
- Dining2.74 × 3.15 m
- Room 83.68 × 2.67 m
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Raleigh
- Municipality
- Hamilton
Building
- Size
- 700-1100 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 3pc Bsmt
- Basement Type
- Apartment
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- None
- Additional Parking
- 3
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 41.5 ft
- Depth
- 93.37 ft
- Lot Size
- 41.5 x 93.37 ft
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Hamilton GO Centre | GO Transit train: Lakeshore West | 3 km |
| West Harbour GO | GO Transit train: Lakeshore West | 4.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Around it
Detached in Raleigh
Active listings only, today.
Detached homes for sale in Raleigh right now
- For sale now
- 11
- Median asking price
- $580K
- New in 7 days
- 3
- Price cuts
- 36%
Middle half: $510K to $622K
5 in 28 days
4 listings
This home is asking 14% below the median, lower than three quarters of them.
See all homes in RaleighAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- transitOn recordTransit stop within 400 m From the transit agency’s published stop map; the nearest is 40 m away. Routes and stops change; check the agency’s schedule.
- trailOn recordA trail on the Ontario trail network within 1 km
- airportOn recordNearest airport: 7.6 km
- water wellsOn record1 water-supply well recorded within 250 m It 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.
- bedrockOn recordBedrock about 3.7 m down nearby The middle depth to bedrock in the well records within 500 m.
- npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada Only facilities above the inventory’s reporting thresholds are listed.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by Alectra Utilities Corporation
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 40 m away Fixed 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.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre 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.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Hamilton 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
Lot
- Lot area
- 3,875 sq ft360 m²
- Street frontage
- 41.5 ft12.6 m
- Depth
- 93.37 ft28.5 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land transfer tax on this home
- Ontario land transfer tax
- $6,455
- Total land transfer tax
- $6,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,455
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $499,000
- $1,980
- Ontario total
- $6,455
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- Blessed Sacrament Catholic Elementary SchoolHamilton-Wentworth CDSBCatholic · grades JK–880%Grade 6 average650 m
- Franklin Road Elementary Public SchoolHamilton-Wentworth DSBPublic · grades JK–878%Grade 6 average750 m
- Sacred Heart of Jesus Catholic Elementary SchoolHamilton-Wentworth CDSBCatholic · grades JK–865%Grade 6 average1.1 km
- ÉÉC Notre-DameConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–880%Grade 6 average1.4 km
SecondaryGrade 9 math 2024–25
- Sherwood Secondary SchoolHamilton-Wentworth DSBPublic · grades 9–12 · French Immersion39%Grade 9 math2 km
- Cathedral High SchoolHamilton-Wentworth CDSBCatholic · grades 9–12 · French Immersion43%Grade 9 math2.2 km
- ÉSAC Mère-TeresaConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–1245%Grade 9 math2.6 km
- Bernie Custis Secondary School Secondary SchoolHamilton-Wentworth DSBPublic · grades 9–1236%Grade 9 math2.7 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$2,568
- Mortgage$2,277
- Property tax$291
A planning figure, not a quote.
Land transfer tax
$6,455
$2,455 for first-time buyers.
Rent, similar homes
$2,500
a month, median asking rent of 86 similar homes in Hamilton.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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