1504 Upper Sherman Avenue, Hamilton, ON

Butler, Hamilton · MLS® X13240042

$1,749,900
For Sale
Listed 43 days ago
7Bedrooms
5Bathrooms
3Garage · 8 parking
2500-3000Sq Ft

About this home

Welcome to this exceptional custom-built residence offering over 5,200 sq. ft. of beautifully finished living space in one of Hamilton Mountain's most desirable neighbourhoods. Combining luxury, versatility, and outstanding functionality, this impressive 7-bedroom, 5-bathroom home is ideal for large families, multi-generational living, or those who love to entertain. A striking exterior, triple-car garage with epoxy flooring, and impressive curb appeal create a memorable first impression. Inside, soaring ceilings and expansive windows fill the home with natural light, highlighting the spacious principal rooms designed for both everyday living and elegant gatherings. The thoughtfully designed kitchen serves as the heart of the home, offering ample space for family meals and entertaining alike. The upper level features four generously sized bedrooms and three bathrooms, including a spacious primary retreat designed for comfort and privacy. Elegant architectural details and quality craftsmanship can be found throughout. The fully finished walk-out lower level provides exceptional flexibility with three additional bedrooms, two full bathrooms, a second kitchen, and expansive living and recreation spaces. Perfect for extended family, guests, or in-law potential, this level offers privacy without sacrificing openness and comfort. Step outside to your private backyard oasis featuring a stunning saltwater inground pool, creating the perfect setting for summer entertaining, family gatherings, or peaceful relaxation. The covered lower patio and multiple outdoor living spaces enhance the home's resort-like atmosphere. Ideally located close to top-rated schools, parks, golf courses, hospitals, shopping, public transit, and major highway access, this remarkable property delivers the perfect balance of luxury, convenience, and lifestyle. A rare opportunity to own a home of this size and calibre in an exceptional location.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
X13240042
Bedrooms
7 (4 + 3)
Bathrooms
5 (1 half)
Size
2500-3000
Lot
66 × 152 ft
Cross streets
Upper Sherman & Stone Church Rd E
Parking
3 garage · 8 parking (attached)
Driveway
Private Triple
Basement
Finished with Walk-Out, Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Salt, Inground
Property tax
$11,400 / 2026
Days on market
43
Listing brokerage
BOLDT REALTY INC., BROKERAGE

Rooms

BathroomMain1.65 × 1.47 m

2 Pc Bath

Family RoomBasement6.50 × 4.39 m
PantryMain2.41 × 1.63 m
Primary BedroomMain4.19 × 7.70 m
KitchenMain3.61 × 4.39 m

Eat-in Kitchen

KitchenMain3.61 × 4.39 m
BedroomBasement5.82 × 3.45 m
BathroomBasement4.09 × 2.44 m

5 Pc Bath

Dining RoomMain4.24 × 3.99 m
OfficeMain2.44 × 2.59 m
Living RoomMain3.96 × 9.14 m
BathroomMain4.19 × 3.35 m

5 Pc Ensuite

BedroomBasement3.99 × 7.92 m

Walk-In Closet(s)

RecreationBasement5.89 × 13.28 m
LaundryMain3.89 × 2.77 m
BedroomMain4.09 × 3.66 m
BedroomMain2.97 × 3.63 m
FoyerMain2.31 × 5.18 m
Utility RoomBasement4.75 × 5.08 m
BedroomMain4.09 × 3.73 m
BedroomBasement5.92 × 3.23 m
BathroomMain2.97 × 3.07 m

4 Pc Bath

BathroomBasement2.31 × 1.45 m

4 Pc Bath

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$1.54Mest. value

Listed at $1,749,900, this home is tracking about 14% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.89M, higher than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.50M
  • Bedrooms +$30K
  • Adjusts to $1.53M

That comparable adjusts to $1.53M; the $1.54M estimate above is the median of all 10 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. UPPER SHERMAN at ACADIA is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.43MGreat deal$1.75MOverpriced

Total price vs nearby homes. Fair value about $1.54M, median of 10 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Weigh carefully
  • Worth verifying
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.50Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

7 Arnhem Court$1.50M39 Avanti Crescent$1.50M327 Humphrey Street$1.45M74 Best Avenue$1.56M

The 4 closest active listings nearby.

See all comparable homes
1.75MThis home1.50M1.50M1.45M1.56MThis home vs active comparables
Live market pulseActive comparables in Hamilton · median list $1.50M
$636this home / sqft
10active listings nearby
43days on market

This home lists 14% above the area average of $560/sqft.

41 days longer than the Hamilton average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Butler, Hamilton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

74/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: UPPER SHERMAN at ACADIA, about 101 m away

20+ transit stops3 grocery17 dining14 parks8 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Rural Glanbrook
$1.03M
Delta
$729K
Gibson
$670K
Stoney Creek
$917K
Homeside
$593K

Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$7,975/mo
$338KIncome needed
5.2×Price ÷ income
$1,840Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

89%mortgage
Mortgage $7,975Property tax $950Total carry $8,925

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,470per month

Mortgage amount $1,399,920 · 4.14% over 25 years

$349,980Down payment (20.0%)
$1,399,920Loan before insurance
$0CMHC premium
$8,420Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,470
Property tax
$950
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,420

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$31,473
Estimated closing costs
$31,473

Plus your down payment of $349,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,074/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$841,228Total interest paid
$2,241,148Total of all payments
Principal $1,399,920 Interest $841,228
YearPrincipalInterestBalance
1$32,795$56,851$1,367,125
2$34,167$55,479$1,332,958
3$35,596$54,050$1,297,361
4$37,085$52,561$1,260,276
5$38,636$51,010$1,221,640
6$40,252$49,393$1,181,387
7$41,936$47,710$1,139,451
8$43,690$45,956$1,095,761
9$45,518$44,128$1,050,243
10$47,422$42,224$1,002,821
11$49,405$40,241$953,416
12$51,472$38,174$901,944
13$53,625$36,021$848,319
14$55,868$33,778$792,451
15$58,205$31,441$734,247
16$60,639$29,007$673,607
17$63,176$26,470$610,431
18$65,818$23,827$544,613
19$68,572$21,074$476,041
20$71,440$18,206$404,602
21$74,428$15,218$330,174
22$77,541$12,105$252,632
23$80,785$8,861$171,848
24$84,164$5,482$87,684
25$87,684$1,962$0

At the end of your 5-year term

Total paid over the term
$448,230
Principal paid down
$178,280
Interest paid
$269,949
Balance remaining
$1,221,640

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$5,250/mo
$63,000Gross annual rent
2.5%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.6%
Gross yield
− Property tax $11,400− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $43,270

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BOLDT REALTY INC., BROKERAGE. MLS®/PropTx.

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