158 Hunter Street E, Hamilton, ON L8N 1M7
Hamilton, ON, L8N 1M7 · Corktown
About this property
$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.
Features & Amenities
- Basement: Full, Development Potential, Separate Entrance, Unfinished
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 3-Storey
- Construction: Vinyl Siding, Stucco (Plaster)
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Att/Row/Townhouse |
| Architectural Style | 3-Storey |
| Bedrooms | 3 |
| Bathrooms | 5 |
| Basement | Full, Development Potential, Separate Entrance, Unfinished |
| Garage | None |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $4,943 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Upgraded Insulation, Water Heater, Water Meter, Water Softener
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Vinyl Siding, Stucco (Plaster)
- Foundation Details
- Stone
- Roof
- Asphalt Shingle
- Basement
- Full, Development Potential, Separate Entrance, Unfinished
- Approximate Age
- 100+
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 0
- Parking Total
- 0.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 97.50
- Lot Width
- 19.00
Community & Neighborhood
- Property Features
- Hospital, Park, Place Of Worship, Public Transit
Financial & Tax
- Tax Annual Amount
- $4,943
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- TBD
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 11
- Kitchens Above Grade
- 4
- Kitchens Total
- 4
- Bedrooms Above Grade
- 3
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Hamilton
- Cross Street
- Hunter St E and Walnut St S
- Directions
- Hunter St E and Walnut St S
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
158 Hunter Street E, Hamilton, ON L8N 1M7, Hamilton, ON, L8N 1M7