Listed for:Listed Mar 12, 2026
$1,999,000

424 East 42nd Street

Hamilton (Hampton Heights), ON L8T 3A9

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 424 East 42nd Street, Hamilton, Hampton Heights

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 424 East 42nd Street, Hamilton, Hampton Heights

Summarized Description

  • Rare multi-residential investment in Hamilton's East Mountain.
  • Includes six two-storey town homes with private entrances.
  • Major mechanical updates completed in 2025.
  • Detached garages provide additional income potential.
  • Strong rental upside with stable tenancy.
  • Close to highways, shopping, schools, and parks.
  • Well-maintained property with predictable operating costs.
  • Ideal for long-term growth and rental demand.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$11,139
Land Transfer Tax Fee
$36,455

Basement Type
Full, Unfinished

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
51-99

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
75.00 ft
Lot Depth
199.31 ft

Parking & Garages

Garage Type
Detached
Garage Spaces
6
Parking Spaces
6
Total Garage And Parking Spaces
12

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
14
Washrooms
6
Kitchens
6

Washrooms

  • 4-piece, Second

Municipality
Hamilton
Neighbourhood
Hampton Heights
Main cross streets
UPPER GAGE AVE TO PEMBERTON AVE TO EAST 42ND ST
Directions
UPPER GAGE AVE TO PEMBERTON AVE TO EAST 42ND ST

MLS® number
X12878610
Data source
Toronto Regional Real Estate Board
Listed on
2026-03-12
Updated on
2026-06-02
Days on market
217 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
RE/MAX ESCARPMENT REALTY INC.

Home Market Value

Current home valuation for 424 East 42nd Street, Hamilton, Hampton Heights, Hamilton, ON. Listed for $1,999,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 424 East 42nd Street, Hamilton, Hampton Heights

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Hamilton, ON
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Land Transfer Tax

Provincial

$36,455

Total Land Transfer Tax

$36,455

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