CondoDigs.com
My Account
424 East 42nd Street Hamilton, ON - Image 1424 East 42nd Street Hamilton, ON - Image 2424 East 42nd Street Hamilton, ON - Image 3424 East 42nd Street Hamilton, ON - Image 4424 East 42nd Street Hamilton, ON - Image 5424 East 42nd Street Hamilton, ON - Image 6424 East 42nd Street Hamilton, ON - Image 7424 East 42nd Street Hamilton, ON - Image 8424 East 42nd Street Hamilton, ON - Image 9424 East 42nd Street Hamilton, ON - Image 10424 East 42nd Street Hamilton, ON - Image 11424 East 42nd Street Hamilton, ON - Image 12424 East 42nd Street Hamilton, ON - Image 13424 East 42nd Street Hamilton, ON - Image 14424 East 42nd Street Hamilton, ON - Image 15424 East 42nd Street Hamilton, ON - Image 16

$1,999,000

14 Beds 6 Baths 5,460 SQFT 0.00 Acres
Type: Multi-Family

424 East 42nd Street
Hamilton, ON L8T 3A9

MLS#: 40811858
Keith Graham
Keith Graham
Condo Digs
Owner
Phone: 416.712.7908
Office: 416.883.0892
Presented by: RE/MAX Escarpment Realty Inc.

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. Don’t be TOO LATE*! *REG TM. RSA.


 

Interior Features

Bedrooms

Total Bedrooms14

Bathrooms

Total Baths6

Other Interior Features

Above Grade Finished Area5,460 sqft
Above Grade Finished Area Unit Type0 sqft
Air Conditioning Y/NNo
BasementFull, Unfinished
Below Grade Finished Area Unit Type0 sqft
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesOther
Laundry FeaturesIn-Suite
Total Stories2

General

AppliancesDryer, Refrigerator, Stove, Washer
Attached Garage No
Building Area Units0 sqft
Carport Y/NNo
CityHamilton
Construction MaterialsBrick
CoolingCentral Air
CountyHamilton
DirectionsUpper Gage Ave to Pemberton Ave to East 42nd St
Garage Spaces6
Garage Y/NYes
HeatingForced Air, Natural Gas
Living Area5,460 sqft
MLS Area25 - Hamilton Mountain
MLS Area Minor252 - Hampton Heights
New ConstructionNo
Number Of Units Total6
Open Parking Spaces6
Property SubtypeMulti-6-9 Unit
Property TypeResidential Income
RoofAsphalt Shing
Senior Community Y/NNo
SewerSewer (Municipal)
Standard StatusActive
StatusActive
Year Built1955
ZoningE

Exterior

Building Area Total5,460 sqft
Covered Spaces6
Crops Included Y/NNo
Foundation DetailsConcrete Block
Frontage Length75 sqft
Frontage TypeWest
InclusionsOther, 6 Washers, 6 Dryers, 6 Stoves, 6 Fridges
Lot Dimensions75 x 199.3
Lot FeaturesRectangular, Other
Number of Buildings0
Parking FeaturesDetached Garage, In/Out Parking, Mutual/Shared
Road Frontage TypeMunicipal Road
Total Parking12
Water SourceMunicipal
Waterfront Y/NNo

Additional Details

Schools 

High School Hubert H Humphrey Middle School
Elementary School Big Hollow Elementary School

  

Similar Properties

$1,999,000

14 Beds 6 Baths 5,460 SQFT 0.00 Acres
Type: Multi-Family

424 East 42nd Street
Hamilton, ON L8T 3A9

MLS#: 40811858
Keith Graham
Keith Graham
Condo Digs
Owner
Phone: 416.712.7908
Office: 416.883.0892
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

© Copyright 2022 - Condo Digs - All Rights Reserved | Sitemap

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram