DAVIDS&DELAAT
424 East 42nd Street
+13 more

$1,999,000

For SaleNew

424 East 42nd Street, Hamilton, ON, L8T 3A9

Listed March 12, 2026

14Bedrooms
6Bathrooms
5,000Sq. Ft.

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

ViewAir ConditioningBasement

Property Details

Listing

MLS® NumberX12878610
StatusFor Sale
ListedMarch 12, 2026
Listing TypeFor Sale
Listing OfficeRE/MAX ESCARPMENT REALTY INC.

Property

Property TypeSingle Family Home
Interior Size5,000 ft²
Bedrooms14
Bathrooms6

Location

CommunityHampton Heights
CityHamilton
ProvinceON
Postal CodeL8T 3A9

Taxes & Financials

Asking Price$1,999,000

Location & Walkability

424 East 42nd Street, Hamilton, ON

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Last Updated: March 12, 2026

Listing Office: RE/MAX ESCARPMENT REALTY INC.

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