242 East 43rd Street
Hampton Heights, Hamilton
$599,900
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | < 700 sq. ft. |
| Property Tax | $3,037 |
| Lot Size | 40 ft x 104 ft |
| mls© Number | X13156764 |
| Listed By | ROYAL LEPAGE MACRO REALTY |
Listing History
- No recent sale history for this listing.
- 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%
- $3,071
- Property tax
- $253
- Heat allowance
- $150
- Housing costs
- $3,474 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$107,000
gross annual household income
- Payment at 4%
- $2,524 / mo
- Cash down
- $119,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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