The Numbers
A four-unit income property, on the ledger
This page breaks down the gross rents, operating expenses, and net operating income for 158 Hunter St E, and gives you calculators to run your own numbers.
All figures are as provided by the seller's documents. They are estimates, not guarantees, and every buyer should verify them independently before purchasing.
Gross rental income
Current monthly rents, as provided by the seller's documents.
Unit 1
$2,080/mo
Unit 2
$1,795/mo
Unit 3
$2,250/mo
Unit 4
$1,450/mo
Gross Income
$7,570/mo
Gross Annual Rent
$90,840/yr
Operating expenses
Approximate monthly and annual costs, as provided by the seller's documents.
Property tax (2026)
$411.92/mo
Alectra (electricity)
$363.00/mo
Enbridge (gas)
$181.00/mo
Reliance (water heater rental, billed quarterly)
$70.83/mo
Insurance
$215.75/mo
Internet
$73.45/mo
Management
$200.00/mo
Stated Total
$1,315.95/mo
Total Annual
$15,791.36/yr
Line items are as provided by the seller's documents. The seller's stated total operating expenses of $1,315.95 per month are used for the net income figures below. Some line items are approximate; verify everything before purchasing.
Net Operating Income
What the building earns, after costs
$71,929
Net Income / Year
as provided by the listing agent
7.21%
Cap Rate
on a value of $999,999
3.55%
Illustrative Variable Rate
First National · context only
Net income is gross rental income less operating expenses and vacancy, as provided by the listing agent. The cap rate of 7.21% is the net income ($71,929) divided by the stated value of $999,999. Financing context shown above is illustrative only and is not a promise of rates or terms.
Run Your Own Numbers
Two calculators, your assumptions
Change the inputs and see how the monthly payment or the net income moves. Results are estimates for planning only; consult your lender and accountant before making decisions.
Mortgage payment calculator
Estimate the monthly payment on a typical Canadian amortization.
Estimated Monthly Payment
$4,026
Monthly payment = principal and interest only. Does not include property tax, insurance, or maintenance. Illustrative only; rates and terms vary by lender.
Rent and income calculator
Plug in your own rent, vacancy, and expense assumptions.
Gross / Year
$90,840
NOI / Year
$71,929
Cap Rate
7.21%
Net operating income is gross annual rent less vacancy allowance and operating expenses. Cap rate is NOI divided by the assumed property value. Estimates for planning only, not a guarantee of results.
Before You Decide
Verify every figure, and every permit
The property is zoned as a single-family home and currently operates with four units. Buyers should verify zoning, permits, occupancy, and all income and expense figures with the City of Hamilton, and consult their own legal, tax, and financing advisers before purchasing. The financial information on this site is provided by the seller and is an estimate, not a guarantee.