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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

FEATURED PROPERTIES
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$2,249,900
Available - For Sale
Listing ID: X12878610
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.
Price $2,249,900
Taxes: $11,138.68
Occupancy by: Tenant
Address: 424 East 42nd Street , Hamilton, L8T 3A9, Hamilton
Directions/Cross Streets: UPPER GAGE AVE TO PEMBERTON AVE TO EAST 42ND ST
Rooms: 26
Bedrooms: 14
Bedrooms +: 0
Washrooms: 6
Family Room: F
Basement: Full
Unfinished
No. of Pieces Level
Washroom 1 4 Second
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 4 Second
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 6
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 5000 +
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.

424 East 42nd Street , Hamilton, L8T 3A9, Hamilton

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Hampton Heights
Style: 2-Storey
Lot Size: x 199.31(Feet)
Approximate Age: 51-99
Tax: $11,138.68
Maintenance Fee: $0
Beds: 14
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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