424 East 42nd Street, Hamilton

424 East 42nd Street, Hamilton, ON L8T3A9 Photo 1

13 Photos

424 East 42nd Street, Hamilton, ON L8T3A9 Photo 2
424 East 42nd Street, Hamilton, ON L8T3A9 Photo 3
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424 East 42nd Street, Hamilton, ON L8T3A9 Photo 5
424 East 42nd Street, Hamilton, ON L8T3A9 Photo 6
424 East 42nd Street, Hamilton, ON L8T3A9 Photo 7
  • Bedrooms: 14
  • Bathrooms: 6
  • Living area: 910 square feet
  • MLS®: h4190062
  • Type: Multifamily
  • Added: 24 days ago
  • Type: Multifamily
  • Listed by: Point2

Property Details

Attention Investors! This is a rare opportunity to own a collection of 6 townhomes in a prime location on the East Mountain in Hamilton. The townhomes consist of 4 units with 2 bedrooms and 2 units with 3 bedrooms, providing a variety of options for tenants. Each unit is well-maintained and ready for occupancy, making this investment a turnkey opportunity. In addition to the townhomes, there are also 6 detached garages included in the sale. These garages offer additional income potential and the peace of mind for tenants who have a safe and secure place to park their vehicles. The location on the East Mountain in Hamilton provides easy access to all the city has to offer, including shopping, dining, entertainment and transportation options. This is a prime location for renters looking for a convenient and attractive living space. Don't miss out on this fantastic investment opportunity. Don't miss to see this collection of townhomes and garages in person.

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Features

  • Other: Inclusions: All Fridges, Stoves, Washer, Dryers in each unit, Exclusions: Tenants Belongings, Foundation: Concrete Block, Laundry Access: In-Suite
  • Heating: Gas, Forced Air
  • Extra Features: Area Features: Place of Worship, Public Transit, Rec./Commun.Centre, Schools
  • Sewer/Water Systems: Sewers: Sewer

Nearby Places

Name Type Address Distance
Barton Secondary School The school's mission statement is "Educating stude... 0.6 km
Barton Secondary School School 75 Palmer Rd 0.6 km
Hamilton, Ontario tornado of 2005 The Hamilton, Ontario tornado of 2005 was a tornad... 0.9 km
Goodness Me! Health 1000 Upper Gage Ave 1.0 km
Sherwood Secondary School Sherwood uses the Ontario Secondary School Literac... 1.5 km
Lime Ridge Mall Shopping mall 999 Upper Wentworth St 1.8 km
Lime Ridge Mall The mall, which also includes an office building, ... 1.8 km
Bernie Arbour Memorial Stadium Built in 1970 when Civic Stadium was renovated to ... 1.9 km
Juravinski Hospital The hospital was recently ranked 2nd in Canada for... 2.1 km
Mohawk Sports Park ... 2.1 km
Mohawk Sports Park Park 1100 Mohawk Rd E 2.2 km
Juravinski Cancer Centre The hospital was recently ranked 2nd in Canada for... 2.2 km
Similar Multifamilys Stat in Hamilton
We have found 6 Multifamily that closely match the specifications of the property located at 424 East 42nd Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,649,900 and 2,499,999, providing a good range for comparison. Moreover, we have also discovered that there are a few open Multifamily in the L8T3A9 postal code area of Hamilton Ontario Canada.
424 East 42nd Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 424 East 42nd Street. The current price of the property is $2,399,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,919,920. This would result in a monthly mortgage payment of $11,222 over a 25-year amortization period.
Comparison of 424 East 42nd Street, Hamilton, ON with Nearby Multifamilys
Nearby Cities Listings Avg. price
Dundas Homes for Sale 54 $1.929.777
Caledonia Homes for Sale 62 $1.446.245
Stoney Creek Homes for Sale 196 $1.216.363
Burlington Homes for Sale 800 $1.566.079
Waterdown Homes for Sale 67 $1.282.308
Cambridge Homes for Sale 430 $1.025.687
Ancaster Homes for Sale 162 $1.884.035
Grimsby Homes for Sale 252 $1.101.868
Popular Cities Listings Avg. price
Oakville Homes for Sale 868 $1.954.083
Milton Homes for Sale 402 $1.777.406
Mississauga Homes for Sale 1407 $1.329.667
Guelph Homes for Sale 382 $936.605
St Catharines Homes for Sale 588 $863.314
Welland Homes for Sale 312 $1.003.316
Kitchener Homes for Sale 732 $978.563
Brampton Homes for Sale 1187 $1.216.732
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