$2,249,900
FOR SALE

Multiplex 2-Storey

Bedrooms: 14Bathrooms: 6Lot: 75 x 199.31 ft
2026 Taxes: $11,138.68

424 East 42nd St
Hamilton, ON L8T 3A9 | Hampton Heights

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
None
Share
Listed By RE/MAX ESCARPMENT REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12878610
Last Updated Mar 12, 2026
Property Summary
Property Type Multiplex

More like this:
PIN 170050054
Legal Description PT LT 54, PL 794 , BEING THE N 1/2 ; LT 55, PL 794 ; HAMILTON
Possession Date Flexible
Taxes (2026) $11,138.68
Directions/Cross Streets UPPER GAGE AVE TO PEMBERTON AVE TO EAST 42ND ST
Neighbourhood Hampton Heights
Area Hamilton
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 14
Bathrooms 6
Lot 75 x 199.31 ft
Exterior Brick
Air Conditioning Central Air
Basement Full, Unfinished
Garage Type Detached
Garage/Park Spaces Y
Parking Spaces 6
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)