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$1,499,900
Est. payment /mo
7 Beds
6 Baths
3,660 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,660 sqft
Price per Sqft $409
Subdivision 102 - Strathcona
MLS® Listing ID 40747198
Bedrooms 7
Property Sub-Type Freehold
Source Cornerstone - Hamilton-Burlington
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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold