Sherman Ave

Sherman Ave is one of our latest real estate investments located in Hamilton, Ontario. The property held two units when it was first purchased. We plan to turn it into a triplex by converting the unused attic into a one-bedroom apartment and bringing the other two two-bedroom units on the second and first floors back to life. Stay tuned to learn more.


The numbers
Purchase price: $410,000
Construction & holding costs: $225,000
Appraised value: $850,000
Surplus: $20,325
Current cash-flow: $625/month

Turning an attic into an apartment 150 150 admin

Turning an attic into an apartment

We turned the attic into a one-bedroom apartment and I personally couldn’t be happier. This process was far from easy, but we got scrappy and…

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The planning stage 150 150 admin

The planning stage

After our first walkthrough of the property, we quickly came to the conclusion that this property needed much more than just some TLC. Don’t get…

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