143 Sherman Avenue N, Hamilton, ON L8L 6M3
Gibson, Hamilton · Near Barton St E. & Sherman Ave. N · View map
About this home
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.
The home
- Type
- Duplex
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Bathrooms
- 3
- Kitchens
- 2
- Rooms
- 5
- Lot size
- 29 x 90 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick Front
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 2
- Total parking
- 2
- Parking features
- Private Double
Taxes & other
- Property taxes
- $3,000/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Available
- Cross street
- Barton St E. & Sherman Ave. N
- Neighbourhood
- Gibson
More
- Price per sq ft
- ~$399 (at 1,750 sq ft)
- MLS® number
- X13530234
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
143 Sherman Avenue, Hamilton, ON L8L 6M3
Gibson, Hamilton · Near Barton St E. & Sherman Ave. N
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Listing history for 143 Sherman Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 143 Sherman Avenue N
Answers come straight from this home’s MLS® listing.
How much is 143 Sherman Avenue N listed for, and what would it cost each month?
143 Sherman Avenue N is listed for $699,000. With 20% down ($139,800), the mortgage payment would be roughly $2,820 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,070 a month, all in. That figure is an illustration, not a quote.
Is 143 Sherman Avenue N freehold or a condo, and is there a monthly fee?
143 Sherman Avenue N is a duplex in Gibson, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 143 Sherman Avenue N have?
143 Sherman Avenue N has 4 bedrooms and 3 bathrooms. The listing gives the style as 2-storey.
Does 143 Sherman Avenue N have a garage and parking?
The listing does not show a garage. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.
What style of home is 143 Sherman Avenue N?
143 Sherman Avenue N is a duplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 143 Sherman Avenue N, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 29 x 90 ft.
How is 143 Sherman Avenue N heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 143 Sherman Avenue N?
Property taxes are $3,000 a year (2025), or about $250 a month.
Where is 143 Sherman Avenue N?
143 Sherman Avenue N is in the Gibson community of Hamilton. The nearest main intersection is Barton St E. & Sherman Ave. N. The postal code is L8L 6M3.
Is 143 Sherman Avenue N still for sale?
Yes. It is an active listing (MLS® X13530234). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 143 Sherman Avenue N asking?
Similar properties for sale nearby right now include 75-77 Sherman Avenue S at $899,900 (6+2 bed), 90 Sherman Avenue N at $499,900 (7 bed) and 58 Arthur Avenue N at $725,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 143 Sherman Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 143 Sherman Avenue N?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Gibson, picked by style, size and price.
Triplex$899,90075-77 Sherman Avenue S, Hamilton6+2 bed · 4 bath · GibsonCourtesy of: ROCK STAR REAL ESTATE INC.View home →
Triplex$499,90090 Sherman Avenue N, Hamilton7 bed · 3 bath · StipleyCourtesy of: EXP REALTYView home →
Duplex$725,00058 Arthur Avenue N, Hamilton4 bed · 4 bath · GibsonCourtesy of: EXP REALTYView home →Courtesy of: EXP REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.