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Last Updated : 11 Days ago
424 East 42nd Street, Hamilton, ON, Hampton Heights
MLS Number: XXXXXXX

424 East 42nd Street, Hamilton

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424 East 42nd Street, Hamilton MLS Number: X12878610

Hampton Heights, Hamilton, ON, L8T 3A9

$1,999,000

Status: Sold

  • 14+ Beds
  • 6 Baths
  • Area : 5000 + sqft
  • Property Type: Residential Freehold (Multiplex)
  • Property Taxes : $11138.68 (Tax Year:2026)
  • Listing Courtesy : Re/max Escarpment Realty Inc.

424 East 42nd Street 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. Newly paved driveway/parking lot with concrete curbs and chainlink fencing (2026).

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424 East 42nd Street Property Facts

Property Type :Residential Freehold
MLS Number :X12878610
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :29 Oct, 2026 (11 Days ago)
Source :Toronto Regional Real Estate Board
Area :Hamilton
Postal Code : L8T 3A9

424 East 42nd Street Property Price & Tax Insights

Price : $1,999,000
Property Taxes :$11138.68
Tax Year :2026

424 East 42nd Street, Hamilton Property Details

Bedrooms :14 +
No. of Rooms :26
Air Conditioning :Central Air
Heating :Forced Air
Cross Street :UPPER GAGE AVE TO PEMBERTON AVE TO EAST 42ND ST
Bathrooms :6
Fuel :Gas
Approx Square Footage :5000 + sqft

Exterior Information

Exterior Finish :Brick
Parking Space :12
Basement :Full
Garage :Detached

424 East 42nd Street, Hamilton - Price History

2026-10

29 Oct, 2026

TREB #X12878610

Terminated

$1999000.0

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