Downtown Hamilton · Ontario
158 Hunter St E
A four-unit investment property on a quiet street in the heart of the city.
4 Units · $90,840 Gross Annual Rent · 7.21% Cap Rate
Book a Private Tour Free Investor ChecklistWalkthrough · A Cinematic Tour of All Four Units
4
Residential Units
$90,840
Gross Annual Rent
$71,929
Net Income
7.21%
Cap Rate
Figures as provided by the seller's documents. Estimates, not guarantees; verify before purchasing.
At a Glance
4 residential units · $999,999 asking price · $90,900 gross annual rent · $72,104 net operating income after 4% vacancy · 7.21% cap rate
The Property
A quiet street in the heart of the city
Four income-producing units, one well-kept brick building, steps from Hamilton's downtown.
158 Hunter St E is a four-unit residential building on a quiet street in downtown Hamilton. Each unit has its own living room, kitchen, bedroom or bedrooms, foyer, and bath or laundry area, and the full basement adds storage, a laundry room, and a furnace room. The building is currently tenanted, with gross rental income of $7,570 per month across the four units.
Downtown Hamilton pairs old-city character with a growing urban energy: the Hamilton GO Centre is a short walk away, James Street North's galleries and cafés are minutes from the door, and the Niagara Escarpment's trails and waterfalls sit just beyond the core. For an investor, it is a location that rents well and keeps tenants close to transit, work, and everything the city offers.
The Shared Foyer · Character at the Front Door
Walkthrough
See the building in motion
A guided tour of the spaces, the finishes, and the flow of all four units.
This marketing video uses CGI for visual effects and composition; verify property details independently.
The Numbers at a Glance
Income that does the talking
Four leases in place, a full basement, and operating costs that stay within reach. The full ledger, line by line, is on the investment page, with calculators so you can run your own scenarios.
See the Full Breakdown$90,840
Gross Rent / Year
$15,791
Operating Expenses / Year
$71,929
Net Income
7.21%
Cap Rate
4
Units
The Four Units
Four leases, one building
Unit 1
$2,080/mo
Open-concept kitchen and living space under exposed wood joists.
Unit 2
$1,795/mo
Modern industrial kitchen with grey cabinetry and a wood-top island.
Unit 3
$2,250/mo
Exposed-brick living and kitchen area with white-painted beams.
Unit 4
$1,450/mo
Studio-style unit with a kitchenette and light wood floors.
Downtown Hamilton · Brick Streets & Golden Light
The Neighborhood
Downtown convenience, old-city character
Walk to transit, galleries, cafés, and the waterfront trail.
The building sits minutes from the Hamilton GO Centre, with regular trains and buses to Toronto. James Street North's arts scene, the King William dining district, Gore Park, and the 10.5-kilometre waterfront trail are all close by. Tenants get a walkable downtown lifestyle; investors get a property that is easy to show and easy to rent.
Explore the NeighborhoodA Note on Zoning
Zoned as a single-family home, operating as four units
The property is zoned as a single-family home and currently contains four residential units with leases in place. Buyers must verify zoning, permits, occupancy, and all financial figures with the City of Hamilton and consult their own legal, tax, and financing advisers before purchasing. The income and expense figures on this site are as provided by the seller's documents and are estimates, not guarantees.
Tory Akene · AI Certified Real Estate Agent
Your Agent
Tory Akene
REALTOR · Real Broker Ontario Ltd., Brokerage
Tory Akene is one of the world's first AI certified real estate agents, bringing a mix of passion, creativity, and drive to every transaction. She focuses on building genuine relationships and helping clients succeed, and she mentors agents and entrepreneurs through her work with Kathleen Black International.
Tory believes collaboration is more powerful than competition. For this property, she is marketing the listing for a colleague on her team, and she is ready to walk investors through every number, every unit, and every question that matters.
Why Work With Tory
The agent who knows the investment
Local to Hamilton, data-driven, and genuinely invested in your success.
Local to Hamilton
Tory is based in Hamilton and the surrounding areas. She knows the downtown multi-unit market, the streets, and the tenants who rent here.
Multi-unit market know-how
She reads income statements, cap rates, and due-diligence checklists with ease, so you can evaluate a building like 158 Hunter St E with confidence.
A modern, data-driven approach
As an AI certified real estate agent, Tory brings current tools and clear analysis to every decision, and she is known for building genuine relationships.
Ready to talk about this investment?
Book a private call with Tory to walk through the numbers, the units, and your financing options. Or call her directly at 289-814-TORY (8679).
Book a Private TourFinancing Your Investment
Get pre-approved with M2 Mortgage Team
Tory recommends M2 Mortgage Team as a trusted mortgage partner for investors. A pre-approval tells you what you can borrow, so you can shop for a property like this one with confidence. Every situation is different, so speak with a mortgage professional about your own numbers before you decide.
Send Tory a note and she will connect you with M2 Mortgage Team.
M2 Mortgage Team
Trusted mortgage partner for investors
Questions, Answered
Frequently asked questions
Straight answers on zoning, the cap rate, and the income, grounded in the seller's documents.
Is 158 Hunter St E zoned for four units?
The property is zoned as a single-family home and currently contains four residential units with leases in place. Buyers should verify zoning, permits, and occupancy with the City of Hamilton before purchasing.
What is the cap rate at $999,999?
At the $999,999 asking price, the estimated cap rate is 7.21%, based on the net income figures from the seller's documents. It is an estimate, not a guarantee.
What is the gross annual rental income?
The four units currently rent for $7,575 per month combined, which works out to $90,900 in gross annual rental income. Individual monthly rents are $2,080, $1,795, $2,250, and $1,450.
What is the net operating income after vacancy?
Net operating income is about $75,109 per year, or roughly $72,104 after a 4% vacancy allowance. The figures come from the seller's documents and should be verified independently.
Start Here
Request the full investment package
The complete income and expense ledger, unit inclusions, and floor-plan notes, sent straight to your inbox.
Tell Tory a little about your goals and she will follow up with the package and answers to your questions. Prefer to talk it through? Call 289-814-TORY (8679) or book a time on her calendar.