424 East 42nd ST, Hamilton, ON L8T 3A9
424 East 42nd ST, Hamilton, ON L8T 3A9
424 East 42nd ST, Hamilton, ON L8T 3A9
424 East 42nd ST, Hamilton, ON L8T 3A9
424 East 42nd ST, Hamilton, ON L8T 3A9
424 East 42nd ST, Hamilton, ON L8T 3A9
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Mike Taylor

Mike Taylor

+1(705) 985-1110
-
Est. payment | /mo

14 Beds

6 Baths

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-
Est. payment | /mo
Save

14 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Hampton Heights

MLS Listing ID X12878610

Style 2-Storey

Bedrooms 14

Annual Tax Amount $11,138

Tax Year 2026

Property Sub-Type Multiplex

Property 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.

Location

Province ON

County Hamilton

Area Hamilton

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 6

Interior

Interior Features None

Cooling Central Air

Exterior

Parking Features Private

Garage Spaces 6.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 75.0

Lot Depth 199.31

Total Parking Spaces 12

Building

Building Age 51-99

Foundation Concrete

Others

Senior Community Yes

ParcelsYN No

Listed by RE/MAX ESCARPMENT REALTY INC.

Nearby Locations

Mike Taylor

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON L4M 3B4, CAN

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424 East 42nd ST

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