158 Hunter Street E, Hamilton, Ontario L8N 1M7

Listed for:
$999,999
3 beds
5 baths
Listed 17 days ago
Row / Townhouse for rent: 158 Hunter Street E, Hamilton, Ontario L8N 1M7

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About

$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. (id:27476)

Property Highlights

MLS® Number
40869427
Type
Single Family
Ownership Type
Freehold
Land Size
0.04 ac|under 1/2 acre

Building

Building Type
Row / Townhouse
Storeys
3.00
Square Footage
2385 sqft
Bathrooms Total
5
Bedrooms Above Ground
3
Bedrooms Total
3
Amenities
Hospital, Park, Place of Worship, Public Transit, Shopping
Exterior Finish
Brick, Stucco, Vinyl siding
Fireplace Present
No
Basement Type
Full (Unfinished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

2pc Bathroom
Second level
4'3'' x 3'8''
Living room
Second level
15'3'' x 8'1''
Kitchen
Second level
18'2'' x 9'0''
Bedroom
Second level
11'4'' x 9'7''
3pc Bathroom
Second level
6'6'' x 5'1''
Living room
Second level
11'11'' x 9'3''
Kitchen
Second level
11'11'' x 8'9''
3pc Bathroom
Third level
10'5'' x 5'7''
Bedroom
Third level
26'10'' x 17'7''
Storage
Basement
11'1'' x 10'6''
Other
Basement
38'2'' x 16'7''
Utility room
Basement
7'6'' x 5'8''
Foyer
Main level
21'6'' x 5'9''
Storage
Main level
9'11'' x 3'7''
Bedroom
Main level
12'4'' x 11'9''
3pc Bathroom
Main level
8'2'' x 7'1''
Living room
Main level
11'11'' x 9'5''
Kitchen
Main level
11'11'' x 8'1''
3pc Bathroom
Main level
7'5'' x 7'3''
Great room
Main level
11'3'' x 10'8''
Kitchen
Main level
15'6'' x 11'3''

Location

Learn more about this property
Listing provided by:
Real Broker Ontario Ltd.
MLS® number:
40869427
Agent:
George Palios
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Street Spotlight - For sale