$589,900
For sale: Detached

Welcome to 551 Upper Sherman Ave, ideally situated in Hamilton's desirable Eastmount neighborhood. This well-located home offers convenient access to everyday amenities, schools, parks, public transit and major transportation routes, making it an excellent opportunity for First time buyers, investors, down sizers and families alike. One of the standout features of this property is its proximity to Juravinski Hospital & Cancer Centre, located approximately 1 km away and within a convenient walking distance. This property has good access to the LINC, Red Hill Valley Parkway and the QEW, while being close to local shops, restaurants, parks and schools. A fantastic opportunity to own a home in a convenient and well-connected Hamilton Mountain location.
Sold data
Homes in Raleigh took a median of 25 days to sell over the last 365 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 50, across 50 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.
The median sale price was $593,950.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 50 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Raleigh) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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