$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 for 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.
Listed by Real Broker Ontario Ltd. and Keller Williams Complete Realty
Data was last updated October 9, 2026 at 03:50 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$912,450
Min list price:
$649,000
Max list price:
$5,995,000
Avg days on market:
38
Min days on market:
2
Max days on market:
297
Avg price per sq.ft.:
$317.12
These statistics are generated based on the current listing's property type
and located in
14 - Hamilton Centre. Average values are
derived using median calculations. This data is not produced by
the MLS® system.