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CAONHamiltonStipley90 Sherman Ave N
Listing image | Image 1

90 Sherman Ave N, Hamilton, ON

House

For Sale

Listed price in listed location currency (CAD).
$499,900

730

MLS® X13522306

Overview

Key Facts

Type Triplex
Levels Residential
Size -
Garage None
Taxes $2,880
Days Active 17
Lot Size 
Approx. Age 
MLS® Number X13522306

Property Address: 90 Sherman Ave N, Hamilton, ON, L8L6M4

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberX13522306
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementUnfinished
DrivewayGarage Type:None
Garage Spaces
HeatGas, Forced Air
A/CCentral Air

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $499,900

For Sale · 17 days

$499,900

MLS® X13522306

17 days ago

Not Sold Yet

July 2026, For Sale for $499,900

For Sale · 17 days

$499,900

MLS® X13522306

17 days ago

Not Sold Yet

  • Jul 1, 2026, Expired for $499,900

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Home Estimate Zoopraisal®

This property is estimated to sell between: $499,000 and $743,000.
Similar properties in this area sold on average for: $661,400
Expected to sell in 8 days. Similar properties sold in 25 days. This home has been on Zoocasa for 17 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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