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$1,499,900Asking Price

42 Ray Street S, Hamilton, ON L8P 3V3

Strathcona, Hamilton

Triplex
6 + 1
Bedrooms
6
Baths
6
Parking
Days on Market

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.

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.

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  VIRTUAL TOUR

Key Info

  • 2.5-Storey Triplex
  • 4+ Parking
  • Detached Garage
  • Main St. W.
  • 3000-3500 Approximate Sq Feet
  • 100+ Years Approximate Age
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $8,085 in 2025
  • Possession: Flexible

Details

  • Brick Exterior
  • No Fireplace
  • 3 Kitchens
  •  
  • MLS #X12316858
  • ROCK STAR REAL ESTATE INC.

Extras

Room Floor Dimensions Details
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Main Floor
Washroom2 4-Piece Bathrooms
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom

Who lives here?

Strathcona, Hamilton is a west GTA neighbourhood notable for its singles, renters, university grads and education, law & public sector professionals. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of adults aged 25 to 44.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

60% of residents are
single and loving it.

60% singles

Hamilton (46%)

Renters

59% of residents
are renters.

59% renters

Hamilton (32%)

Education

36% of residents are
university grads.

36% university grads

Hamilton (28%)

Income

Average Household Income

$71K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions
Sales 13%
Government 9%
Business 8%
Trades 6%
Management 5%

Immigrants

33% of residents were
born outside of Canada.

33% immigrants

Hamilton (25%)

Birthplace - All

Vietnam was once home to 2.3% of immigrants.
UK 2.3%
Somalia 1.9%
Syria 1.6%
Philippines 1.6%

2.3% from Vietnam
All-time

Birthplace - Recent

Syria was once home to 0.4% of immigrants.
Philippines 0.3%
China 0.3%
Central Africa 0.2%
Somalia 0.2%

0.4% from Syria
Recent

Foreign Languages

Foreign Languages
Arabic 3%
Portuguese 3%
Somali 3%
Vietnamese 2%
French 2%

Religions

Religions
Christian 55%
Muslim 9%
Buddhist 3%
Sikh 1%