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About the Listing 384002 -
$90,840 GROSS ANNUAL RENT | $71,929 NET INCOME | 6.86% CAP RATE AT CURRENT LIST PRICE. A compelling opportunity for investors seeking strong cash flow without taking on a major renovation project. Configured & operated as four self-contained rental suites, the property has undergone extensive upgrades, including: new roof & eaves, furnace & A/C, sewer line to the City, updated copper water line, back water valve, 200-amp electrical service with separated panels, updated plumbing, windows, HVAC distribution, foundation restoration, exterior grading correction, and significant interior renovations. City inspected during permitted renovations to confirm compliance with fire/life-safety upgrades consistent with multi-residential standards, including hardwired smoke detectors and fire-rated insulation/drywall between suites. Approximately2,385 sq ft (MPAC), with in-suite laundry throughout, updated kitchens & bathrooms, and excellent tenant appeal. Located in Corktown steps from Hamilton GO Centre, St. Joseph's Healthcare, parks, the rail trail, Augusta Street restaurants, and downtown. Full income and expense breakdown available.
Listing Highlights for 158 Hunter St E
Interior Details
- Bedrooms: 3
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Basement: Full,Development Potential,Separate Entrance,Unfinished
- Other: Upgraded Insulation,Water Heater,Water Meter,Water Softener,4 Kitchens
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others: Hospital,Park,Place Of Worship,Public Transit
- Sewer: Sewer
- Parking Features: No Garage
Financial Details
- Tax Amount: $4,943
- Taxes w/Assessments: N/A
- Tax/Property ID: 171740004
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Listing Location
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158 Hunter St E Hamilton, ON L8N 1M7
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