42 Ray Street S Active

Hamilton,ON L8P 3V3

$ 1499900

7 Beds

6 Baths

3011 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 3,011 sqft

Price per Sqft $498

MLS Listing ID 40747198

Bedrooms 7

Abv Grd Liv Area 3,660

Annual Tax Amount $8,085

Property Sub-Type Multi-3 Unit

Source Hamilton - Burlington

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

Area 10 - Hamilton West

Zoning E

Direction North of Main St. W.

Rooms

Basement Full,Finished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Forced Air,Natural Gas

Cooling Central Air

Fireplace No

Appliance Dishwasher,Dryer,Refrigerator,Stove,Washer

Laundry In-Suite

Exterior

Parking Features Detached Garage

Garage Spaces 1.0

Waterfront Description Lake/Pond

Roof Type Asphalt Shing

Lot Frontage 34.25

Lot Depth 127.78

Garage Yes

Building

Lot Description City Lot,Highway Access,Hospital,Park,Public Transit,Schools,Shopping Nearby

Faces North of Main St. W.

Story 2

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick

New Construction No

Others

Senior Community false

Tax ID 171420082

Ownership Freehold/None

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