424 East 42nd Street

ActiveHamilton · Hampton Heights147 days on marketMLS® X12878610
$1,999,000
$400 / sq ft
Bedrooms14
Bathrooms6
Interior5,000 sq ft
TypeSingle Family Home
ListingFor Sale
Days on Market147

About this property

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.

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberX12878610
StatusActive
Listing TypeFor Sale
Property TypeSingle Family Home
Interior Size5,000 sq ft
Beds / Baths14 bed · 6 bath
NeighbourhoodHampton Heights
CityHamilton
Postal CodeL8T 3A9
ProvinceON
Listed DateMarch 12, 2026
Days on Market147
Price per Sq Ft$400
BrokerageRE/MAX ESCARPMENT REALTY INC.

Location

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Listed by RE/MAX ESCARPMENT REALTY INC.