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Price Change$639,000

242 East 43rd Street

Hampton Heights, Hamilton

$549,000

Detached|Bungalow
1 | 2 | 4
About this home

REMARKABLE BUNGALOW- RARE OPPORTUNITY! Looking for a property that does the work for you? Whether you're an investor, a first-time buyer looking for a savvy start, or seeking a completely separate in-law suite, this property delivers. This renovated bungalow is ready to generate immediate income. Upper Level: Bright & airy layout, 1BR/1BA, modern kitchen + in-unit laundry. Lower Level: Sleek lower-level with a breakfast bar + in-unit laundry and has a completely separate entrance. Outside: Extra-large backyard for entertaining + massive detached garage. Parking: Private 3-car driveway + additional street parking. Location: Prime access to shopping and major highways. **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size< 700 sq. ft.
Property Tax$3,037
Lot Size40 ft x 104 ft
mls© NumberX13156764
Listed ByROYAL LEPAGE MACRO REALTY

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,810
Property tax
$253
Heat allowance
$150
Housing costs
$3,213 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $109,800
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,310 / mo
Cash down
$109,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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