158 Hunter Street East

Hamilton, ONTownhouse
$1,049,000
MLS® X13868472
Townhouse3 beds5 baths0 total
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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. (id:63604)

Key Facts

Type
Townhouse
Beds
3
Baths
5
Size
2,000 sqft
Lot
19 x 97.5 FT
Parking
0 total

Highlights

  • Water meter
  • Water softener
  • Water Heater
Property Details 18 details
Bedrooms
3 bedrooms
3 above grade
Bathrooms
5 bathrooms
1 partial
Parking
0 parking spaces
No Garage
Living area
2,000 - 2,500 sq. ft.
Property
Single Family · Freehold · Attached
Property subtype
Single Family
Structure type
Row / Townhouse
Ownership
Freehold
Attached status
Attached
Storeys
3
Basement
Unfinished, Full, Separate entrance
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
19 x 97.5 FT
Frontage
19 feet
Taxes
$4,943.00
Zoning
LMR-2
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

Water meterWater softenerWater Heater

Exterior features

StuccoVinyl sidingStoneInsulation upgraded

Systems and association

Security systemSmoke Detectors
Rooms 21 rooms
Level
Room
Dimensions
Main level
Kitchen
4.72 m x 3.43 m
Second level
Bathroom
1.98 m x 1.55 m
Second level
Bedroom
3.45 m x 2.92 m
Second level
Kitchen
5.54 m x 2.74 m
Second level
Living room
4.65 m x 2.46 m
Second level
Bathroom
1.3 m x 1.12 m
Third level
Bedroom
8.18 m x 5.36 m
Third level
Bathroom
3.17 m x 1.7 m
Basement
Utility room
2.29 m x 1.73 m
Basement
Other
11.63 m x 5.05 m
Basement
Other
3.38 m x 3.2 m
Main level
Great room
3.43 m x 3.25 m
Main level
Foyer
6.55 m x 1.75 m
Main level
Bathroom
2.26 m x 2.21 m
Main level
Kitchen
3.63 m x 2.46 m
Main level
Living room
3.63 m x 2.87 m
Main level
Bathroom
2.49 m x 2.16 m
Main level
Bedroom
3.76 m x 3.58 m
Main level
Other
3.02 m x 1.09 m
Second level
Kitchen
3.63 m x 2.67 m
Second level
Living room
3.63 m x 2.82 m
Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$1,049,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Corktown
City
Hamilton
Postal code
L8N 1M7
Nearby
Hunter St E and Walnut St S
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