$ 849,900

3-Bed Custom Build with Heated Garage on Corner Lot in Strathcona

Property details for 109 Ray Street, Hamilton

Type
Residential
Style
Other
Bedrooms
3
Bathrooms
4
Living Area
1,570 square feet
Lot Size
0.04
Stories
2
Basement
Finished, Full
Parking
Attached Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Stone, Stucco
Ownership
Freehold
Annual Taxes
$7,165

This 2022 custom two-storey in Strathcona packs a lot into 1,570 square feet plus a full finished basement. Three beds and four baths, with the primary suite taking up most of the second floor. Main level is an open layout with a gas fireplace in the living room and a kitchen that's got white cabinets, quartz counters, and a big island. Hardwood floors run through both levels. Basement adds a family room with another gas fireplace, a five-piece bath, and a laundry room. Outside there's a detached garage with heated concrete floors and 10-foot ceilings, perfect for a lift. Lot sits on a corner at Ray and Florence, and you're within a 10-minute walk to Dundurn Castle, the Art Gallery of Hamilton, and Copps Coliseum. Locke Street's shops and restaurants are close too. Asking $849,900, which is right in line with the neighbourhood median. Taxes run about $7,165 a year. This place is in great shape, feels practically new, and the location is hard to beat if you want to be near downtown but not in the thick of it.

About 109 Ray Street, Hamilton — Property Score

64
Great Location Feature Rich
Score: 64/100
Value
35
Priced 30.8% above area median of $649,900 based on 255 comparable properties nearby 24
$541/sqft - 26.4% above the $428/sqft area median 30
Stable pricing - no price changes since original listing date 50
Size
57
1,570 sqft - 13% less space than similarly priced homes (1,804 sqft median) 50
3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48
4 bathrooms - 2 more than similarly priced properties nearby 84
1,742 sqft lot - a small lot for the area 45
Location
83
$61K median household income - near the Canadian average of $70K 60
89% of residents hold postsecondary credentials - a highly educated neighbourhood 95
66% homeownership rate - a balanced mix of owners and renters 76
68% of residents commute under 30 minutes - excellent commuter accessibility 85
3,081/km² population density - a well-balanced suburban area 99
Market
69
Just listed - area average is 89 days on market 100
+3.4% median price change over 1 month - rising prices in the area 67
32.5 months of housing supply - 1757 active listings with 54 sold last month (buyer's market) 40
Features
80
2-car garage - area average is 4.8 spots 80
Finished, Full basement - adds valuable living space 85
efficient gas forced air heating 80
Central air conditioning - whole-home cooling 90
3 fireplaces - a desirable feature for Canadian winters 85
Built in 2022 (4 years old) - nearly new build with modern standards, newer than the area average (1954) 88
No premium extras like pool, waterfront, or view 50
Investment
72
0.84% effective tax rate ($7,165/yr) - below the Canadian average of ~1% 75
32% renter population - moderate rental market 68
Quality
50
Condition
50
Listing
94
49 photos provided - 29% more than the area average of 38 photos 92
7 of 7 key property details provided (100%) - comprehensive listing with excellent detail 95

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.

Full Listing Description

All Property Details

Neighbourhood Census Data

Hamilton, Ontario

Population
424
Median Age
37.7
Median Income
$29,632
Dwelling Value
$350,051

Housing Tenure

Owners 66%
Renters 32%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.1
Pop. Density: 3,081.4/km²
Avg Shelter Cost: $1,140/mo
Owners with Mortgage: 67.9%
Owners Spending 30%+: 21.4%
Tenants Spending 30%+: 28.6%
English only: 85.9%
English and French: 10.6%
Neither: 3.5%
Median Household Income: $60,800
Median Employment Income: $32,768

Price History

Contact Agent Get in touch about 109 Ray Street, Hamilton

Peter Hogeterp
Peter Hogeterp
RE/MAX Escarpment Realty Inc.