42 Ray ST S new Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8P 3V3
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,011 sqft
Price per Sqft $498
Subdivision Strathcona
MLS Listing ID X12316862
Building Age 100+
Annual Tax Amount $8,085
Tax Year 2025
Property Sub-Type Investment
Lot Depth 127.78
Lot Front 34.25
Property Description
Exceptional investment opportunity at 42 Ray St S, Hamilton for the discerning investor - a fully-permitted triplex featuring two 2-bedroom, 2-storey units and one 3-bedroom, 2-storey unit, each thoughtfully designed and professionally renovated in 2023. All major systems upgraded: new HVAC (with separate NEST thermostats), spray foam insulation, LED lighting, separate hydro, gas & water meters, and new 2" water service. Extra soundproofing between and within units. High-quality finishes throughout, including new solid red oak staircases, quartz countertops, custom kitchens & baths, Moen fixtures, and upgraded appliances (6 per unit). Tenants enjoy high ceilings, abundant natural light, private Bell high-speed WiFi, keypad locks, and parking for 5 (plus a detached garage!). EV charging-ready, exterior cameras, and professionally managed for peace of mind. Utility capacity also supports a future ADU if desired. This is a rare, turn-key multi-family asset in a desirable, central Hamilton location. Fully tenanted at market rents with A+++ tenants. Perfect for investors seeking a premium, low-maintenance property with strong rental appeal and modern amenities.
Location
Province ON
County Hamilton
Community Strathcona
Area Hamilton
Zoning E
Interior
Cooling Yes
Inclusions 3 Fridges, 3 Stoves, 3 Dishwashers, 3 Microwaves, 3 Washers, 3 Dryers
Exterior
Utilities Available Yes
Lot Frontage 34.25
Lot Depth 127.78
Others
Virtual Tour https://youtu.be/M8wkMKLU0WQ