$999,999
 $5,368 est/mo Sourced by Back At You

158 Hunter Street E,Hamilton, ON L8N1M7

Hamilton, ON L8N1M7

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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, 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. (id:13843)

Details

MLS #40869261
Listing TypeFor Sale
StatusActive
Year1885
Days On Site16
Listing Provided ByReal Broker Ontario Ltd. | George Palios

Features

Bed(s)3
Bath(s) 5 Total
SQ Feet2,385
BasementY
Story(s)3
Units4
ZoningLMR-2
Acreage0.04

Interior

CoolingCentral air conditioning
HeatingForced air, Natural gas
AppliancesWater softener
Fireplace Yes / NoNo

Exterior

Security FeaturesSecurity system
Foundation DetailsStone

Parking

Parking FeaturesNone

Utilities

SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount4943

Area Information

ProvinceON
CityHamilton
Postal CodeL8N1M7
Community Name142 Corktown
Listing VS Median (in 142 Corktown)
Price:
$999,999
low | high
Med:
$227,000
100% of Average
sqft:
2,385
low | high
Med:
482
100% of Average
$ / sqft:
$419
low | high
Med:
$471
37.67727356939% of Average
On site:
16
low | high
Med:
63
25.396825396825% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Paul Liberatore

Paul Liberatore

Sutton Centre Realty

Sales Representative, (604) 788-0463paull@sutton.com
ProvinceON
CityHamilton
Postal CodeL8N1M7
Community Name142 Corktown
Listing VS Median (in 142 Corktown)
Price:
$999,999
low | high
Med:
$227,000
100% of Average
sqft:
2,385
low | high
Med:
482
100% of Average
$ / sqft:
$419
low | high
Med:
$471
37.67727356939% of Average
On site:
16
low | high
Med:
63
25.396825396825% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $749K - $1.249M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
158 HUNTER Street E Property Photo 1
$999,999
158 Hunter Street E
Hamilton, ON L8N1M7
158 HUNTER STREET E Property Photo 1
$999,999
158 Hunter Street E
Hamilton (corktown), ON L8N1M7
Listing Updated: October 15, 2026 at 9:58:22 AM PDT

Paul Liberatore - Sutton