Kitchen (2.74 × 5.54)
Level: Second
Corktown, Hamilton, ON L8N 1M7
$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 in 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 activity for 158 Hunter Street, Hamilton, ON
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $999,999 | N/A | For Sale | 40869427 |
Level: Second
2-Piece
Level: Second
3-piece · laundry
Level: Third
Level: Main
Level: Second
Level: Second
Level: Third
Level: Second
Level: Main
Level: Basement
Level: Main
Walk-in Closet
Level: Main
3-piece · laundry
Level: Second
Level: Basement
laundry · walkout to balcony/deck
Level: Main
Level: Main
Level: Main
3-Piece
Level: Main
3-Piece
Level: Main
Level: Second
Level: Basement
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Province of Ontario open data
Province of Ontario open data
Province of Ontario open data · Municipal transit open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence
Monthly Payment
$4,584
Total monthly payment
$4,996
Break-even down payment
100%
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$999,999
$999,999
CAD
Estimate unavailable
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