158 Hunter Street E

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, 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 to confirm 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.

Listing Details

MLS #

40869261

Board

ITSO

Market

ontario

Property Type

Multi-4 Unit

Style

Residential Income

Year Built

1885

Basement

Separate Entrance, Full, Unfinished

Heating

Forced Air, Natural Gas

Cooling

Central Air

Lot Size

19.00 × 97.5 ft

Annual Taxes

$4,943/yr

Listed By (Primary)

Real Broker Ontario Ltd.

Co-Listed By

Keller Williams Complete Realty

Presented By

REMAX Hallmark®

Listed On

October 6, 2026

Days on Market

0

Features & Extras