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$ 1,049,000
Est. payment /mo
New
158 Hunter ST E Hamilton, ON L8N 1M7
3 Beds
5 Baths
UPDATED:
Key Details
Property Type Townhouse
Sub Type Att/Row/Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Corktown
MLS Listing ID X13868472
Style 3-Storey
Bedrooms 3
Annual Tax Amount $4,943
Tax Year 2026
Property Sub-Type Att/Row/Townhouse
Property Description
$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.
Location
Province ON
County Hamilton
Area Hamilton
Zoning LMR-2
Rooms
Basement Full, Development Potential, Separate Entrance, Unfinished
Kitchen 4
Interior
Interior Features Upgraded Insulation, Water Heater, Water Meter, Water Softener
Cooling Central Air
Inclusions List of total inclusions in supplements.
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Building
Building Age 100+
Foundation Stone
Lited by REAL BROKER ONTARIO LTD.