406 East 43rd Street,Hamilton, ON L8T 3E3
Hamilton, ON L8T 3E3
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 a high-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.
Details
| MLS # | 40836962 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 96 |
| Listing Provided By | eXp Realty | Jay Shaw |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 |
| SQ Feet | 796 |
| Basement | Y |
| Story(s) | 1 |
| Units | 1 |
| Zoning | C |
| Acreage | 0.09 |
Interior
| Appliances | Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer |
|---|---|
| Interior Features | Separate Hydro Meters |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite |
Exterior
| Lot Features | Highway Access, Hospital, Park, Place of Worship, Public Transit, Shopping Nearby |
|---|---|
| Construction Materials | Brick |
| Roof | Asphalt Shing |
| Foundation Details | Concrete Block |
Parking
| Garage Spaces | 0 |
|---|---|
| Parking Features | Asphalt |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 4656.08 |
|---|
Area Information
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8T 3E3 |
| Area | 25 Hamilton Mountain |
| Subarea | 252 Hampton Heights |
| Community Name | 252 Hampton Heights |
| Listing VS Median (in 252 Hampton Heights) | |
Price: $699,900 low | high Med: $529,900 sqft: 796 low | high Med: 990 $ / sqft: $879 low | high Med: $535 On site: 96 low | high Med: 1 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8T 3E3 |
| Area | 25 Hamilton Mountain |
| Subarea | 252 Hampton Heights |
| Community Name | 252 Hampton Heights |
| Listing VS Median (in 252 Hampton Heights) | |
Price: $699,900 low | high Med: $529,900 sqft: 796 low | high Med: 990 $ / sqft: $879 low | high Med: $535 On site: 96 low | high Med: 1 | |
