Type: Triplex
Style: 2 1/2 Storey
Size: Sq Ft
Age: Years
Taxes: $ 8,085 ( 2025)
Updated: 2025-07-31 21:02:31
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.
Triplex
Status: For Sale
MLS #: X12316858
Price: $ 1,499,900
Address: 42 Ray Street
Type:
Style: 2 1/2 Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 8,085
Tax Year: 2025
Lot Size:
Neighbourhood: Strathcona
Nearest Intersection: Main St. W.
City: Hamilton
Postal Code: L8P 3V3
DOM: 2 Days
Last Update: 2025-07-31 21:02:31
Bedrooms: 7
Bathrooms: 6
Rooms: 0
Kitchens: 3
Family Room:
Fireplace:
Basement: Apartment Finished,
Central Vacuum:
Exterior: Brick,
Driveway:
Garage: Private Triple
Garage Spaces:
Parking Spaces: 6.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Central Air
Water:
Sewers: