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. |
Price | $1,499,900 |
Taxes: | $8085.00 |
Occupancy: | Tenant |
Address: | 42 Ray Stre South , Hamilton, L8P 3V3, Hamilton |
Directions/Cross Streets: | Main St. W. |
Rooms: | 12 |
Rooms +: | 1 |
Bedrooms: | 6 |
Bedrooms +: | 1 |
Family Room: | F |
Basement: | Apartment, Finished |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 3 | Main |
Washroom Type 2 | 4 | Main |
Washroom Type 3 | 4 | Second |
Washroom Type 4 | 4 | Third |
Washroom Type 5 | 4 | Basement |
Washroom Type 6 | 3 | Main |
Washroom Type 7 | 4 | Main |
Washroom Type 8 | 4 | Second |
Washroom Type 9 | 4 | Third |
Washroom Type 10 | 4 | Basement |
Total Area: | 0.00 |
Approximatly Age: | 100+ |
Property Type: | Triplex |
Style: | 2 1/2 Storey |
Exterior: | Brick |
Garage Type: | Detached |
(Parking/)Drive: | Private Tr |
Drive Parking Spaces: | 5 |
Park #1 | |
Parking Type: | Private Tr |
Park #2 | |
Parking Type: | Private Tr |
Pool: | None |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 3000-3500 |
Property Features: | Hospital, Lake/Pond |
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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROCK STAR REAL ESTATE INC. |
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Type: | Freehold - Triplex |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Strathcona |
Style: | 2 1/2 Storey |
Lot Size: | x 127.78(Feet) |
Approximate Age: | 100+ |
Tax: | $8,085 |
Maintenance Fee: | $0 |
Beds: | 6+1 |
Baths: | 6 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: | None |