$1,999,000
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424 East 42Nd Street, Hamilton, ON L8T3A9

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14 Beds
6 Baths
5,460 Sq Ft

Rare multi-residential investment opportunity in Hamiltons 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 propertys solid fundamentals. A standout feature is the six detached garages, offering valuable additional income potential and tenant convenience. Ideally located in Hamiltons 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. Dont be TOO LATE*! *REG TM. RSA. (id:58753)

Listing By: Drew Woolcott - RE/MAX Escarpment Realty Inc. cncrea2 Realty.com
  • MLS® 40811858
  • Date Listed03/12/2026
  • Days on Realty 136 Days
  • Bedrooms 14
  • Bathrooms 6 baths
  • Lot Size -
  • Sewer Public Sewer
  • Subdivision 252 - Hampton Heights
  • Property Type Other
  • Year Built 1955
  • Water Public
  • Square Feet 5,460 sq. ft
  • Price Per Sq. Ft $366.12

Interior Features

  • Cooling Central air conditioning
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Shared Driveway

Directions

Upper Gage Ave to Pemberton Ave to East 42nd St

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L8T3A9

Discover key demographics, population statistics, and environmental insights for the Hamilton, ON area.

Walkability in ON / L8T3A9

Source: Walk Score

75/100

Very Walkable

Walk Score ®

47/100

Some Transit

Transit Score ®

51/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

6 nearby routes: 6 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 54/100, Transit Score: 45/100, Bike Score: 49/100.

Points of Interest near 424 EAST 42ND Street, Hamilton, ON L8T3A9

Frequently Asked Questions for 424 EAST 42ND Street

Source: Realty.com

424 EAST 42ND Street, Hamilton, ON L8T3A9 in 252 - Hampton Heights, Hamilton, ON L8T3A9 is a other listed at $1,999,000. Highlights include 14 bedrooms, 6 bathrooms, 5,460 sq. ft., built in 1955, $366 per sq. ft.. Realty.ca has 17 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 17 photos of 424 EAST 42ND Street.

Our records indicate that 424 EAST 42ND Street was built in 1955.

The full address for this home is 424 EAST 42ND Street, Hamilton, ON L8T3A9.

424 EAST 42ND Street has been listed on Realty.com since Thu March 12, 2026

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 54/100, Transit Score: 45/100, Bike Score: 49/100.

Listing provided courtesy of: RE/MAX Escarpment Realty Inc.
Listing agent: Drew Woolcott

This content last refreshed on 2026-07-26 21:18:51. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.