90 Sherman Avenue N, Hamilton, ON L8L 6M4
Stipley, Hamilton · Near King St E & Sherman Ave N · View map
About this home
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.
The home
- Type
- Triplex
- Style
- 2 1/2 Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 7
- Bathrooms
- 3
- Kitchens
- 2
- Rooms
- 9
- Basement
- Unfinished
- Lot size
- 20.6 x 64.5 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Total parking
- None
- Parking features
- Street Only
Taxes & other
- Property taxes
- $2,880/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Currently Available
- Cross street
- King St E & Sherman Ave N
- Neighbourhood
- Stipley
More
- Price per sq ft
- ~$286 (at 1,750 sq ft)
- MLS® number
- X13522306
No matching details. Ask Will instead
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.
90 Sherman Avenue, Hamilton, ON L8L 6M4
Stipley, Hamilton · Near King St E & Sherman Ave N
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 90 Sherman Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 90 Sherman Avenue N
Answers come straight from this home’s MLS® listing.
How much is 90 Sherman Avenue N listed for, and what would it cost each month?
90 Sherman Avenue N is listed for $499,900. With 20% down ($99,980), the mortgage payment would be roughly $2,016 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,256 a month, all in. That figure is an illustration, not a quote.
Is 90 Sherman Avenue N freehold or a condo, and is there a monthly fee?
90 Sherman Avenue N is a triplex in Stipley, 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 90 Sherman Avenue N have?
90 Sherman Avenue N has 7 bedrooms and 3 bathrooms. The listing gives the style as 2 1/2 storey.
Does 90 Sherman Avenue N have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
Does 90 Sherman Avenue N have a finished basement?
The listing describes the basement as unfinished.
What style of home is 90 Sherman Avenue N?
90 Sherman Avenue N is a triplex. 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 90 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 20.6 x 64.5 ft.
How is 90 Sherman Avenue N heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 90 Sherman Avenue N?
Property taxes are $2,880 a year (2026), or about $240 a month.
Where is 90 Sherman Avenue N?
90 Sherman Avenue N is in the Stipley community of Hamilton. The nearest main intersection is King St E & Sherman Ave N. The postal code is L8L 6M4.
Is 90 Sherman Avenue N still for sale?
Yes. It is an active listing (MLS® X13522306). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 90 Sherman Avenue N asking?
Similar properties for sale nearby right now include 63 Melrose Avenue S at $599,900 (6 bed), 4 Rosemont Avenue at $599,900 (6 bed) and 24 Somerset Avenue at $449,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 90 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 90 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 Stipley, picked by style, size and price.
Duplex$599,90063 Melrose Avenue S, Hamilton6 bed · 4 bath · StipleyCourtesy of: RE/MAX ESCARPMENT REALTY INC.View home →
Triplex$599,9004 Rosemont Avenue, Hamilton6 bed · 3 bath · StipleyCourtesy of: EXP REALTYView home →
Duplex$449,90024 Somerset Avenue, Hamilton3 bed · 2 bath · StipleyCourtesy of: RE/MAX ESCARPMENT REALTY INC.View 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.