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3 Beds
5 Baths
2,385 sqft

C$999,999

158 Hunter Street E, Hamilton ON, L8N 1M7

Price per sqftC$419.29
Built in1885
Property size2,385 sqft
Property typeMulti-family

Overview

Active

Listed Oct 6, 2026

Updated 5 days ago

$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, backwater 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 for compliance with fire/life-safety upgrades consistent with multi-residential standards, including hardwired smoke detectors and fire-rated insulation/drywall between suites. Approximately 2,385 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.

Additional information

MLS® ID
40869261

Interior Features

Bedrooms
3
Bathrooms
5
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.04 Acres

Other Property Details

Taxes
$4,943
Tax Frequency
Annually
Secondary Association Fee Frequency
Monthly
55+/Senior Community
No

 

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