$499,900
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90 Sherman Avenue N, Hamilton (stipley), ON L8L6M4

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7 Beds
3 Baths
- Sq Ft

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. (id:58753)

Listing By: Mina Bishay - EXP REALTY
Source: CREA #X13522306 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X13522306
  • Date Listed07/04/2026
  • Days on Realty 87 Days
  • Bedrooms 7
  • Bathrooms 3 baths
  • Lot Size -
  • Sewer Other
  • Property Type Triplex
  • Water Public

Interior Features

  • Cooling Central air conditioning
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: King St E & Sherman Ave N. ** Directions: Corner of Sherman Ave N & Sherman Ave.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L8L6M4

Discover key demographics, population statistics, and environmental insights for the Hamilton (stipley), ON area.

Walkability in ON / L8L6M4

Source: Walk Score

91/100

Walker's Paradise

Walk Score ®

60/100

Good Transit

Transit Score ®

74/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

11 nearby routes: 11 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 59/100, Transit Score: 50/100, Bike Score: 54/100.

Points of Interest near 90 SHERMAN AVENUE N, Hamilton (Stipley), ON L8L6M4

Frequently Asked Questions for 90 SHERMAN AVENUE N

Source: Realty.com

90 SHERMAN AVENUE N, Hamilton (Stipley), ON L8L6M4 in Hamilton (Stipley), ON L8L6M4 is a triplex listed at $499,900. Highlights include 7 bedrooms, 3 bathrooms. Realty.ca has 14 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 14 photos of 90 SHERMAN AVENUE N.

The full address for this home is 90 SHERMAN AVENUE N, Hamilton (Stipley), ON L8L6M4.

90 SHERMAN AVENUE N has been listed on Realty.com since Sat July 04, 2026

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 59/100, Transit Score: 50/100, Bike Score: 54/100.

This content last refreshed on 2026-09-29 17:43:32. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.