424 East 42nd Street

Hamilton, ON L8T 3A9 ( Hampton Heights)

Quick Facts

Type: Multiplex

Style: 2-Storey

Size: Sq Ft

Age: Years

Taxes: $ 11,139 ( 2026)

Updated: 2026-03-12 23:44:31

Description

Rare multi-residential investment opportunity in Hamilton\'s desirable East Mountain! This purpose-built property features six two-storey town homes, including two 3-bedroom end units and four 2-bedroom units, each designed with private entrances, individual laundry and bonus unfinished basements offering additional potential. The building has been exceptionally maintained, with major mechanical updates completed in 2025 including new furnaces and air conditioning systems, providing investors with predictable operating costs and minimal near-term capital expenditures. Each unit is well cared for, creating a strong foundation for stable tenancy. Investors will appreciate the significant rental upside, with opportunities to optimize rents over time while benefiting from the property\'s solid fundamentals. A standout feature is the six detached garages, offering valuable additional income potential and tenant convenience. Ideally located in Hamilton\'s East Mountain, the property is close to major highways, shopping, schools, parks and transit, making it highly attractive for tenants and ensuring long-term rental demand. A truly rare chance to acquire a multi-unit asset in a prime location with strong income potential and long-term growth. RSA.

Extras

Multiplex

Property

Status: For Sale

MLS #: X12878610

Price: $ 2,249,900

Address: 424 East 42nd Street

Type:

Style: 2-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 11,139

Tax Year: 2026

Lot Size:

Neighbourhood: Hampton Heights

Nearest Intersection: UPPER GAGE AVE TO PEMBERTON AVE TO EAST 42ND ST

City: Hamilton

Postal Code: L8T 3A9

DOM: 17 Days

Last Update: 2026-03-12 23:44:31

 

Building

Interior

Bedrooms: 14

Bathrooms: 6

Rooms: 0

Kitchens: 6

Family Room:

Fireplace:

Basement: Full Unfinished,

Central Vacuum:

 

Exterior

Exterior: Brick,

Driveway:

Garage: Private

Garage Spaces:

Parking Spaces: 12.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

 

Features

 

Rooms