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424 EAST 42ND STREET, Hamilton (Hampton Heights)
2026-03-13
Quick Summary
- Location
- 424 EAST 42ND STREET, Hamilton (Hampton Heights), Ontario L8T3A9
- Price
- $1,999,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 5000 - 100000 sqft
- Bedrooms:
- 14
- Bathrooms:
- 6
- Garages:
- 12
MLS®#X12878610
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. RSA. (id:32467)
Property Features
Building
- Basement Development: Unfinished
- Basement Type: Full (Unfinished)
- Cooling Type: Central air conditioning
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 5000 - 100000 sqft
- Building Type: Other
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Flat site, Dry
Land
- Land Size: 75 x 199.3 FT
- Sewer: Sanitary sewer
Information entered by RE/MAX ESCARPMENT REALTY INC.
Listing information last updated on: 2026-06-02 21:49:06
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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