36 Sherman Avenue N, Hamilton

$499,900
36 Sherman Avenue N

$499,900

New
22d
Detached2 1/2 Storey

36 Sherman Avenue N, Hamilton

Total Monthly Obligation $2,634

Beds
5
Baths
2
Park
2
Sqft
1500-2000
DOM
22d
Score
29
Yield
7.0%
Cash on Cash
6.1%
Cap Rate
5.9%
5Y IRR
20.5%
10Y IRR
18.6%
Property Type-Detached
MLS® Number-X13847076
Beds-5
Bathrooms-2
Size-1500-2000 sqft
Lot Size-21 × 106.5 ft
Listed on site-Oct 1, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$2,912.02 (2026)
Parking-2 - None
Basement-Unfinished, Full
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-TBA
Neighbourhood-Stipley
Title-Residential Freehold

No agent assigned

Welcome to 36 Sherman Ave N! This spacious 2.5 storey home offers a versatile layout with plenty of room for growing families, professionals or those looking for flexible work from home space. A welcoming front porch leads into the main floor foyer and bright open concept living and dining area, featuring hardwood floors and a large window that fills the space with natural light. The updated kitchen offers plenty of cabinetry, tile flooring and bar seating, making it a great space for everyday living and entertaining. Upstairs, the second level features a recently updated 4 piece bathroom, a generous primary bedroom and two additional bedrooms. Continue to the third floor where two large bonus rooms offer excellent flexibility as additional bedrooms, home offices, playrooms or hobby spaces. The unfinished basement provides additional storage, laundry and a 2 piece bathroom. Outside, enjoy a 21 x 106 ft lot with a tiered rear deck offering two separate entertaining areas, plus two car rear parking accessed from Garfield Ave N. Ideally located just steps from Tim Hortons Field and less than 10 minutes from the restaurants, shops and amenities of James St N and Ottawa St, with everyday conveniences close by.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,634/mo
Mortgage $2,016
Monthly Loss $2,103
Principal$531
Interest$1,486
Property Tax$243
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.8%35
Cash-on-Cash
-0.2%7
5-Year IRR
15.6%74
10-Year IRR
15.0%
Returns Index
39.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
29/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,920/yr
NOI
$24,016/yr
Net Cash Flow
-$15/mo
Cash Margin
-0.5%4
Cash Flow Index
4.3/ 100
Risk Profile
Weight: 20%
DSCR
0.9926
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
35.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 36 Sherman Avenue N

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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