For Sale: 424 East 42nd Street, Hamilton, ON - REW
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$1,999,000
14 bd • 6 ba • 5000+ sf • House
424 East 42nd Street
424 East 42nd Street - 2
424 East 42nd Street - 3
424 East 42nd Street - 4
424 East 42nd Street - 5
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$1,999,000
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424 East 42nd StreetHamilton, ON, L8T 3A9

Hampton Heights
  • 14 Bed
  • 6 Bath
  • 5000+ Sqft
  • House

About this home

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.
Listed by
Drew Woolcott
Drew Woolcott
RE/MAX Escarpment Realty Inc.
34 years experience
English
15 Awards
457 Recommendations
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Home facts and features

Price details
List Price
$1,999,000
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Gross Taxes for 2026
$11,139
Home facts
Bedrooms
14
Full Bathrooms
6
Parking Spaces
12
Parking Details
Private
Property Type
House
Lot Size
75 ft x 199 ft (14948 ft²)
Depth
199.31
Frontage
75.0
Year Built
51 - 99 yrs old
Exterior Finish
Brick
Heating Type
Forced Air, Gas
Cooling
Central Air
Basement Details
Full, Unfinished
Community
Agent details
Primary Agent
Primary Broker
RE/MAX Escarpment Realty Inc.
Listing details
Days on REW
89 Days
Property Views
43
MLS® Number
X12878610
Source
Toronto Real Estate Board
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25 Years
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Property Insights

Blessed Sacrament Catholic Elementary School
  • Catholic
  • JK - 8
Nora Henderson Secondary School
  • Public
  • 9 - 12
Richard Beasley Junior Public School
  • Public
  • JK - 5
St. Margaret Mary Catholic Elementary School
  • Catholic
  • JK - 8
Lawfield Elementary School
  • Public
  • JK - 8
Huntington Park Junior Public School
  • Public
  • JK - 8
Franklin Junior Public School
  • Public
  • JK - 8
Timothy Canadian Reformed School
  • Private
  • K - 8
Highview Public School
  • Public
  • JK - 8
Mère-Teresa
  • Catholic
  • 7 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Drew Woolcott
457 Recommendations
Phone:
905-689-9223
Cell:
(905) 332-9223
Office:
905-632-2199
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