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$2,249,900
Ontario,Hamilton (Hampton Heights)
For Sale Active
424 EAST 42ND STREET, Hamilton (Hampton Heights), Ontario L8T3A9
  • 14
  • 6
  • 5000 - 100000Square Feet
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12878610
  • Price: $2,249,900
  • Bedrooms: 14
  • Bathrooms: 6
  • Square Footage: 5000 - 100000 Sqft
  • Status: Active
  • Property Sub Type: Multi-family
  • Office Key: 293273
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Full, Unfinished
  • Parking: Detached Garage, Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Hamilton (Hampton Heights), L8T3A9
  • Street: East 42nd
  • Street Number: 424
  • Street Suffix: Street
  • Longitude: W80° 9' 35.7''
  • Latitude: N43° 13' 16.9''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 75 x 199.3 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 11138.68
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Listing updated: 2026-04-21 21:09:27
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Listing Information
  • List Agent Key: 1979013
  • List Office Key: 293273
  • Modification Timestamp: 2026-03-13T00:45:54Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-03-13T00:38:19Z
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Listing updated: 2026-04-21 21:09:28
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