424 East 42nd Street

424 East 42nd Street
424 East 42nd Street
424 East 42nd Street
+14
14
 bed
6
 bath
12
 parking
5000 - 65535
 sqft
Multiplex
$2,249,900
For Sale
45 days
 on site
$2,249,900
Click to open the pre-gallery to get the direction
Size
-
Lot size
14948 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$34 - $450
Taxes
$11,138.68 (2026)
Parking Type
-
Style
2-Storey
See what's nearby
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.
Broker: RE/MAX ESCARPMENT REALTY INC.
MLS®#: X12878610
Property details
Parking:
12
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
5000-65535 sqft
Lot front:
75 Ft
Lot depth:
199 Ft
Listed on:
Mar 12, 2026
Show all details
Instant estimate:
orto view instant estimate
$240,668
lower than listed price
i
High
$2,075,412
Mid
$2,009,232
Low
$1,933,891
Have a home? See what it's worth with an instant estimate

Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.

3 Turner Avenue
1/50
$2,199,900
18 days
3 Turner Avenue
6BD
4BA
5 Parking
5,000-65,535 sqft
MLS#: X12969658
ROYAL LEPAGE STATE REALTY
18 days
347 Queen Street S
1/50
$1,999,000
10 days
347 Queen Street S
10BD
6BA
8 Parking
5,000-65,535 sqft
MLS#: X13009548
ROYAL LEPAGE STATE REALTY
10 days
347 Queen Street S
1/50
$1,999,000
10 days
347 Queen Street S
10BD
6BA
10 Parking
5,000-65,535 sqft
MLS#: X13009542
ROYAL LEPAGE STATE REALTY
10 days

About 424 East 42nd Street

424 East 42nd Street is a Hamilton multiplex for sale. It has been listed at $2249900 since March 2026. This 5000-65535 sqft multiplex has 14 beds and 6 bathrooms.

There are a lot of great restaurants around 424 E 42nd St, Hamilton City. If you can't start your day without caffeine fear not, your nearby choices include Tim Hortons. Groceries can be found at Food Basics which is only a 3 minute walk and you'll find S J Marcogliese not far as well. For nearby green space, Hampton Park and Fernwood Park could be good to get out of your multiplex and catch some fresh air or to take your dog for a walk.

If you are reliant on transit, don't fear, 424 E 42nd St, Hamilton City has a public transit Bus Stop (UPPER GAGE at DALLAS) a short walk. It also has route Upper Gage close by.