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90 SHERMAN Avenue

90 SHERMAN Avenue

Hamilton, Ontario

7 bed • 2 bath • Multi-family

$499,900

Corner lot all-brick 2.5-storey duplex in a prime Hamilton location, close to schools, grocery stores, transit, and the future Hamilton LRT line. The main floor 2-bedroom unit rents for $1,500/month, while the upstairs 5-bedroom unit is rented per bedroom at $750 each, generating $3,750/month, for a total annual income of $63,000. The property features a large front porch and upper balcony/patio, perfect for tenants. Separate hydro meters simplify utility management. This duplex offers strong cash flow, low operating costs, and long-term appreciation potential in a high-demand, transit-accessible neighborhood.

Price History

Schools

Elementary

  • St. Ann (Hamilton) Catholic Elementary School0.1 km

    Catholic · Hamilton-Wentworth CDSB · 375 students

    Grade 3 reading: 73% met the provincial standard · Grade 6 math: 52% met the provincial standard

  • Prince of Wales Elementary Public School0.5 km

    Public · Hamilton-Wentworth DSB · 540 students

    Grade 3 reading: 61% met the provincial standard · Grade 6 math: 49% met the provincial standard

  • Cathy Wever Elementary Public School0.8 km

    Public · Hamilton-Wentworth DSB · 540 students

    Grade 3 reading: 56% met the provincial standard · Grade 6 math: 23% met the provincial standard

Secondary

  • Bernie Custis Secondary School Secondary School0.8 km

    Public · Hamilton-Wentworth DSB · 955 students

    Grade 10 literacy: 65% met the provincial standard

  • Cathedral High School1.5 km

    Catholic · Hamilton-Wentworth CDSB · 1650 students

    Grade 10 literacy: 64% met the provincial standard

  • System Alternative Education Sir Isaac Brock Secondary School1.9 km

    Public · Hamilton-Wentworth DSB · 65 students

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L8L

Population
32,312
Private dwellings
14,444
Median age
36.4
Average household size
2.4
Median household income
$65,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Multi-family in Hamilton · last 12 months

Median sold price
$682,825
Homes sold
4,992
Median days on market
27
Sale-to-list price
97.1%

Based on 4,992 recorded sales of multi-family properties in Hamilton over the last 12 months.

Location

Mortgage Calculator

$99,980

Estimated Monthly Payment

$2,456

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,456/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $125/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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