406 East 43rd Street, Hamilton, ON
Property Highlights
Welcome to this remarkable Bungalow duplex located in the coveted neighborhood of Hampton Heights. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 40 x 102.38 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: In-Law Suite, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this exceptional income-generating property nestled in one of Hamilton's most sought-after East Mountain neighbourhoods. This fully tenanted duplex delivers $4,115/month in gross rental income from day one - no renovations, no vacancy headaches, just returns. Sitting on a 40 x 102 ft lot, this property offers a smart, functional footprint in ahigh-demand rental corridor. Main Floor Unit features a spacious 3-bedroom, 1-bathroom layout with comfortable living spaces and a floor plan that tenants love. Lower Unit mirrors the main floor with its own self-contained 3-bedroom, 1-bathroom configuration - maximizing your rental income potential under one roof. Both units are leased at market rents to reliable tenants, and the property includes 2 private driveway parking spots - a premium feature renters in this area consistently look for. This is a true turnkey acquisition with all the heavy lifting already done. The East Mountain location offers easy access to major commuter routes, transit, schools, shopping, and amenities - a perennial favourite for renters and a proven area for long-term appreciation. **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
Interior Features
In-Law Suite, Water Heater
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 406 East 43rd Street, Hamilton, ON L8T 3E3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $699,900 in Hamilton, the legal minimum down payment is $44,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,473 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.