90 Sherman Ave N is a 7-bedroom, 3-bathroom triplex in Hamilton, listed for $499,900. It has 1500-2000 sq ft of living space.
190 Sherman Avenue N Hamilton is an investment property.
2Situated 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.
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.
7 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $333 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 90 Sherman Ave N
Every detail from the listing, in one place.
Type
Triplex
Style
2 1/2 Storey
Living space
1500-2000 sq ftas stated on the listing
Basement
Unfinished
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2 1/2 Storey
Property class
Triplex
90 Sherman Ave N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13522306$499,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 90 Sherman Ave N Compares to the Hamilton Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,456
/mo
based on the purchase price of $499,900
$99,980 cash
$399,920 financed
$336,838 total interest
Principal54%$399,920
Interest46%$336,838
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 90 Sherman Ave N
Homes for sale in Hamilton
Every active Hamilton MLS® listing, updated all day.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings2,547Homes for sale here right now.
Median vs prior 90 days−2.5%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 1,842 sales from Jul 24 – Oct 22, 2026 (1,482 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
90 Sherman Ave N is listed at $499,900 (MLS® X13522306). Summitly updates the price as soon as the MLS® record changes.
Is $499,900 a good price for 90 Sherman Ave N?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Hamilton. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 90 Sherman Ave N changed?
No — 90 Sherman Ave N is still listed at its original asking price of $499,900.
How many bedrooms and bathrooms does 90 Sherman Ave N have?
90 Sherman Ave N has 7 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a triplex in Hamilton.
Is 90 Sherman Ave N close to transit?
The nearest rapid-transit station is Hamilton GO Centre GO Station (Lakeshore West GO), about 2.6 km in a straight line. West Harbour GO Station is about 2.7 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 90 Sherman Ave N?
About $2,456 a month — principal and interest on $499,900 with 20% down ($99,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 90 Sherman Ave N compare with other homes in Hamilton?
Its asking price of $499,900 is about 26% below the median sold price in Hamilton over the last 90 days, $675,000, across 1,842 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 90 Sherman Ave N been sold before?
Summitly has no earlier MLS® sale or lease of 90 Sherman Ave N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 90 Sherman Ave N?
90 Sherman Ave N is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 90 Sherman Ave N been on the market?
113 days — 90 Sherman Ave N was listed on July 1, 2026.
What is the price per square foot of 90 Sherman Ave N?
About $250 to $333 per square foot: the asking price of $499,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 90 Sherman Ave N have a basement, and is it finished?
The listing describes the basement as: Unfinished.
