For Sale - 158 Hunter Street, Hamilton, Ontario

Est payment $4,802/mo
Views   1
Time on Jump  25 day
  • Strong cash flow with $90,840 gross annual rent and $71,929 net income.
  • Well-maintained property with extensive upgrades for reliable long-term performance.
  • Operates as four self-contained rental suites, appealing to diverse tenants.
  • Located in Corktown, close to public transport, healthcare, and amenities.
  • In-suite laundry and updated kitchens and bathrooms enhance tenant comfort.



$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 IDX13868472
Address158 Hunter Street
CityHamilton, Ontario
Price$999,999
Bed / Bath3 / 5 Full
Style3-Storey, Att/Row/Townhouse
ConstructionVinyl Siding, Stucco (Plaster)
TypeResidential
StatusFor Sale
Subtype Att/Row/TownhouseIndoor Features Upgraded Insulation, Water Heater, Water Meter, Water SoftenerAmenities Hospital, Park, Place Of Worship, Public TransitOwnership FreeholdBasement Full, Development Potential, Separate Entrance, UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
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