Space
Finished area and layout
- Square Feet
- 1,500-2,000 sqft
- Bedrooms
- 7
- Bathrooms
- 3
+9 more
$499,900
90 Sherman
7
Bedrooms
3
Bathrooms
1,500-2,000 sqft
Square Feet
20.6 x 64.5 FT
Lot
0
Parking
Property Snapshot
Key details for this listing
MLS #X13522306
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
About This Property
This 7-bedroom, 3-bathroom multi-family in Hamilton offers 1,500-2,000 sqft of square feet on a 20.6 x 64.5 FT lot. 2 storeys. The home features forced air, natural gas heating, central air conditioning, a unfinished, n/a basement.
MLS Remarks
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:60351)
Full Listing Details
Address90 SHERMAN AVENUE N
MLS#X13522306
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
List DateJul 1, 2026
Days on Market116
Common InterestFreehold
Annual Tax$2,880 (2026)
Parking0
Parking TypeNo Garage, Street
Possession DetailsCurrently Available
Structure TypeTriplex
AttachedAttached
StyleMultiplex
Bedrooms7
Bathrooms3
Bedrooms Above Grade7
Square Feet1,500-2,000 sqft
Stories2
CityHamilton
ProvinceOntario
Postal CodeL8L6M4
Lot Dimensions20.6 x 64.5 FT
Frontage20.7 feet
Total Parking0
Parking FeaturesNo Garage, Street
HeatingForced air, Natural gas
CoolingCentral air conditioning
BasementUnfinished, N/A
FoundationUnknown
ExteriorBrick
SewerSanitary sewer
Water SourceMunicipal water
Annual Tax$2,880 (2026)
Cross Streets: King St E & Sherman Ave N. ** Directions: Corner of Sherman Ave N & Sherman Ave.
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