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$ 1,499,900
Est. payment | /mo
6 Baths
3,011 SqFt
$ 1,499,900
Est. payment | /mo
6 Baths
3,011 SqFt
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
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
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 34.25
Lot Depth 127.78
Others
Virtual Tour https://youtu.be/M8wkMKLU0WQ
Listed by ROCK STAR REAL ESTATE INC.
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