90 Sherman Avenue N, Hamilton, ON L8L 6M4
Hamilton
This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. 90 Sherman Avenue N Hamilton is 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
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 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.
