90 Sherman Avenue N, Hamilton, ON L8L 6M4
Hamilton
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 90 Sherman Avenue N, Hamilton, ON L8L 6M4
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MLS# X13522306
Listed by EXP REALTY
On market since Jul 4, 2026
What comparable homes actually sold for in the last 12 months.
90 Sherman Avenue N, Hamilton, ON L8L 6M4 is listed for $499,900 CAD.
90 Sherman Avenue N, Hamilton, ON L8L 6M4 has 7 bedrooms and 3 bathrooms.
90 Sherman Avenue N, Hamilton, ON L8L 6M4 is a Triplex.
90 Sherman Avenue N, Hamilton, ON L8L 6M4 is in Hamilton, Ontario.
90 Sherman Avenue N, Hamilton, ON L8L 6M4 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 90 Sherman Avenue N, Hamilton, ON L8L 6M4 (MLS# X13522306). You can also send a message through the contact form on this site.
