$1,499,900
7 bd 6 ba 3011 sf Multifamily
42 Ray Street S
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42 Ray Street SHamilton, ON, L8P 3V3

Strathcona
  • 7 Bed
  • 6 Bath
  • 3011 Sqft
  • Multifamily

About this home

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.
Listed by: Erwin Szeto, Rock Star Real Estate Inc., Brokerage

Home facts and features

Price details
List Price
Gross Taxes for 2025
$8,085
Home facts
Bedrooms
7
Full Bathrooms
6
Property Type
Multifamily
Lot Size
34 ft x 127 ft (4371 ft²)
Depth
127.78
Frontage
34.2
Style
Heating Type
Forced Air,Natural Gas
Features
In-suite, Lake/pond, Separate Hydro Meters
Appliances
3 Dishwashers, 3 Dryers, 3 Fridges, 3 Microwaves, 3 Stoves, 3 Washers, Other
Community
Agent details
Primary Agent
Primary Broker
Rock Star Real Estate Inc., Brokerage
Listing details
Days on REW
84 Days
MLS® Number
40747198
Source
Information Technology Systems Ontario

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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
4.09%

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Property Insights

Ryerson Middle School
  • Public
  • 6 - 8
Hess Street Junior Public School
  • Public
  • JK - 8
Strathcona Junior Public School
  • Public
  • JK - 5
Sir John A Macdonald School
  • Public
  • 9 - 12
Central Junior Public School
  • Public
  • JK - 5
Central Public School
  • Public
  • JK - 8
St. Joseph Catholic Elementary School
  • Catholic
  • JK - 8
Turning Point School
  • Public
  • 9 - 12
Bronston Canadian Academy
  • Private
  • K - 12
Southern Ontario Collegiate
  • Private
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info