For Sale: 143 Sherman Avenue N, Hamilton, ON - REW
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$840,000
4 bd • 3 ba • 1500 - 2000 sf • Duplex
143 Sherman Avenue N
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$840,000
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143 N Sherman AvenueHamilton, ON, L8L 6M3

Gibson
  • 4 Bed
  • 3 Bath
  • 1500 - 2000 Sqft
  • Duplex

About this home

This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty.143 Sherman Avenue N, Hamilton is a fully-renovated duplex with a bonus attic apartment in a strong lower-city location - the highest-income property among the portfolio's new additions, offered at a 5.50% in-place cap rate on current rents. This fully-tenanted, five-door property generates $70,020 in gross annual rent and $46,204 NOI at an asking price of $840,000.The main and upper duplex units are configured as a 2-bedroom apartment and a three-room mid-level unit (one room with a private ensuite), with a self-contained one-bedroom attic apartment above producing additional income. The building was fully rebuilt and modernized following a 2021 fire, meaning all major systems, finishes, and layouts are effectively new. Separate metering - three hydro meters and two gas meters - is a significant advantage in this portfolio: it opens the door to shifting utility costs to tenants over time and cleanly submetering by unit, protecting NOI against rising utility costs. Off-street parking for four (three at the rear, one at the front) adds a rentable amenity in a location where street parking is at a premium. Three of the five doors are month-to-month or expiring, giving a new owner a clear, low-risk path to reset rents to market on standard notice without waiting years for turnover - and the mix of self-contained apartments and rentable rooms lets income be grown door-by-door rather than all at once. Combined with the fresh renovation, that means minimal near-term capital outlay: a new owner can focus on income growth rather than deferred maintenance. Situated in an appreciating lower-city pocket close to transit, schools, and everyday amenities.
Listed by: Mina Bishay, Salesperson, EXP REALTY

Home facts and features

Price details
List Price
$840,000
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Gross Taxes for 2025
$3,000
Home facts
Bedrooms
4
Full Bathrooms
3
Parking Spaces
2
Parking Details
Private Double
Property Type
Duplex
Lot Size
29 ft x 90 ft (2610 ft²)
Depth
90.0
Frontage
29.0
Exterior Finish
Brick Front
Heating Type
Forced Air, Gas
Cooling
Central Air
Basement Details
Other
Community
Agent details
Primary Agent
Mina Bishay
Primary Broker
EXP REALTY
Listing details
Days on REW
1 Day
MLS® Number
X13530234
Source
Toronto Real Estate Board
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Property Insights

St. Ann (Hamilton) Catholic Elementary School
  • Catholic
  • JK - 8
Prince of Wales Elementary Public School
  • Public
  • JK - 8
Cathy Wever Elementary Public School
  • Public
  • JK - 8
Cathedral High School
  • Catholic
  • 9 - 12
Adelaide Hoodless Public School
  • Public
  • JK - 8
St. Brigid Catholic Elementary School
  • Catholic
  • JK - 8
Living Hope Christian School
  • Private
  • 9 - 12
Holy Name of Jesus Catholic School
  • Catholic
  • JK - 8
Holy Name of Jesus Catholic Elementary School
  • Catholic
  • JK - 8
ÉÉC Notre-Dame
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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866-530-7737
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