$699,000
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143 Sherman Avenue N, Hamilton (gibson), ON L8L6M3

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4 Beds
3 Baths
- Sq Ft

143 Sherman Avenue N, Hamilton is an investment property within a portfolio. 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. (id:58753)

Listing By: Mina Bishay - EXP REALTY
Source: CREA #X13530234 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X13530234
  • Date Listed07/07/2026
  • Days on Realty 85 Days
  • Bedrooms 4
  • Bathrooms 3 baths
  • Lot Size -
  • Sewer Other
  • Property Type Duplex
  • 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: Barton St E. & Sherman Ave. N. ** Directions: Barton St E., south on Sherman Ave. N.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L8L6M3

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

Walkability in ON / L8L6M3

Source: Walk Score

83/100

Very Walkable

Walk Score ®

48/100

Some Transit

Transit Score ®

70/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

Transit Summary

5 nearby routes: 5 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 57/100, Transit Score: 48/100, Bike Score: 53/100.

Points of Interest near 143 SHERMAN AVENUE N, Hamilton (Gibson), ON L8L6M3

Frequently Asked Questions for 143 SHERMAN AVENUE N

Source: Realty.com

143 SHERMAN AVENUE N, Hamilton (Gibson), ON L8L6M3 in Hamilton (Gibson), ON L8L6M3 is a duplex listed at $699,000. Highlights include 4 bedrooms, 3 bathrooms. Realty.ca has 7 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 7 photos of 143 SHERMAN AVENUE N.

The full address for this home is 143 SHERMAN AVENUE N, Hamilton (Gibson), ON L8L6M3.

143 SHERMAN AVENUE N has been listed on Realty.com since Tue July 07, 2026

Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 57/100, Transit Score: 48/100, Bike Score: 53/100.

This content last refreshed on 2026-09-30 10:51:38. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.