$1,499,900
Available - For Sale
Listing ID: X12316862
42 Ray Street South , Hamilton, L8P 3V3, Hamilton
| 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 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 42 Ray Street South , Hamilton, L8P 3V3, Hamilton |
| Postal Code: | L8P 3V3 |
| Province/State: | Hamilton |
| Legal Description: | PT LT 10 BLK 2 RANGE 2 PL 1435; PT LT 12 |
| Directions/Cross Streets: | Main St. W. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 3011.00 |
| Total Area Code: | Square Feet |
| Approximatly Age: | 100+ |
| Chattels: | T |
| Washrooms: | 6 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| ROCK STAR REAL ESTATE INC. |
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Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
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At a Glance:
| Type: | Com - Investment |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Strathcona |
| Approximate Age: | 100+ |
| Tax: | $8,085 |
| Baths: | 6 |
| Fireplace: | N |
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