For Sale: 90 Sherman Avenue N, Hamilton, ON - REW
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$499,900
7 bd • 3 ba • 1500 - 2000 sf • Triplex
90 Sherman Avenue N
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$499,900
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90 N Sherman AvenueHamilton, ON, L8L 6M4

Gibson
  • 7 Bed
  • 3 Bath
  • 1500 - 2000 Sqft
  • Triplex

About this home

90 Sherman Avenue N Hamilton is an investment property. Turnkey legal triplex in Hamilton's north end - and the strongest cash-flow play in this portfolio at a 8.97% cap rate on current in-place rents. This fully-tenanted, six-door property generates $58,500 in gross annual rent and $44,850 NOI, all for an asking price of $499,900.Configured as three self-contained units across six rentable rooms, the building is 100% occupied and cash-flowing from day one. With five of the six doors on fixed-term leases and one already month-to-month, there's a clear, low-risk path to lifting income further as tenancies turn and rents reset to market. Recently replaced mechanicals - a new hot-water tank and furnace (2021) - mean minimal near-term capital outlay, so 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, 90 Sherman offers the rare combination of high current yield, upside at turnover, and a hands-off, fully-leased operation. Ideal for an investor.
Listed by: Mina Bishay, Salesperson, EXP REALTY

Home facts and features

Price details
List Price
$499,900
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Gross Taxes for 2026
$2,880
Home facts
Bedrooms
7
Full Bathrooms
3
Parking Details
Street Only
Property Type
Triplex
Lot Size
20 ft x 64 ft (1331 ft²)
Depth
64.49
Frontage
20.64
Exterior Finish
Brick
Heating Type
Forced Air, Gas
Cooling
Central Air
Basement Details
Unfinished
Community
Agent details
Primary Agent
Mina Bishay
Primary Broker
EXP REALTY
Listing details
Days on REW
24 Days
Property Views
56
MLS® Number
X13522306
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
Living Hope Christian School
  • Private
  • 9 - 12
St. Brigid Catholic Elementary School
  • Catholic
  • JK - 8
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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Salesperson
Mina Bishay
Office:
866-530-7737
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