Advantage Group Real Estate
424 East 42nd Street • Hamilton, ON photo 1
424 East 42nd Street • Hamilton, ON photo 2
424 East 42nd Street • Hamilton, ON photo 3
424 East 42nd Street • Hamilton, ON photo 4
424 East 42nd Street • Hamilton, ON photo 5
424 East 42nd Street • Hamilton, ON photo 6
424 East 42nd Street • Hamilton, ON photo 7
424 East 42nd Street • Hamilton, ON photo 8
424 East 42nd Street • Hamilton, ON photo 9
424 East 42nd Street • Hamilton, ON photo 10
424 East 42nd Street • Hamilton, ON photo 11
424 East 42nd Street • Hamilton, ON photo 12
424 East 42nd Street • Hamilton, ON photo 13
424 East 42nd Street • Hamilton, ON photo 14
424 East 42nd Street • Hamilton, ON photo 15
424 East 42nd Street • Hamilton, ON photo 16
424 East 42nd Street • Hamilton, ON photo 17
424 East 42nd Street • Hamilton, ON photo 18
424 East 42nd Street • Hamilton, ON photo 19
1 / 19
$1,999,000
424 East 42nd Street • Hamilton, ONPrice Change▼ 11.15%
Courtesy of RE/MAX ESCARPMENT REALTY INC.
14
Bedrooms
6
Bathrooms
5000 +
Square feet
12
Parking

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. Newly paved driveway/parking lot with concrete curbs and chainlink fencing (2026).

Property details

Property type
Multiplex
Style
2-Storey
Approx. age (yrs)
51-99
Total rooms
26
Lot size
75 × 199.31 ft
Property taxes
$11,138.68 (2026)
Occupancy
Flexible
Days on market
232
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Oct 28, 2026, 4:15 p.m. EDT via TRREB IDX.

First listed: Mar 12, 2026, 7:44 p.m. EDT.