55 Young Street Hamilton, Ontario L8N 1V1
$824,900
Attention investors!! LEGAL TRIPLEX in Hamiltons booming Corktown neighbourhood. Fully city-approved with three self-contained, separately metered units. Ideal for investors or end-users seeking cash flow with peace of mind. One long-term tenant in place; two vacant units ready for market rents. Strong unit mix: main floor 1-bedroom (also zoned for various retail uses), second-floor 2-bedroom, and third-floor 1-bedroom - each with its own furnace and HWT. Tenants to pay their own utilities, keeping operating costs low. Major capital upgrades already completed: new roof (2024), updated plumbing and electrical, and a steel fire escape for fire code compliance. A turn-key, low-maintenance asset in one of Hamiltons most walkable and vibrant neighbourhoods. Just a 4-minute walk to the Hamilton GO Centre, 6-minute walk to St. Josephs Hospital, and steps to restaurants, pubs, amenities, and transit. ~10-minute walk to Downtown. A top-tier rental location, perfect for commuters, healthcare professionals, and tenants who want everything outside their front door. (id:61852)
Property Details
| MLS® Number | X12191224 |
| Property Type | Multi-family |
| Neigbourhood | Corktown |
| Community Name | Corktown |
| AmenitiesNearBy | Hospital, Park, Place Of Worship, Public Transit |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 4 |
| BedroomsTotal | 4 |
| Amenities | Separate Heating Controls, Separate Electricity Meters |
| Appliances | Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator |
| BasementFeatures | Separate Entrance, Walk-up |
| BasementType | N/a |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FireplacePresent | Yes |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 2500 - 3000 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Hospital, Park, Place Of Worship, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 70 Ft |
| SizeFrontage | 25 Ft ,8 In |
| SizeIrregular | 25.7 X 70 Ft |
| SizeTotalText | 25.7 X 70 Ft |
https://www.realtor.ca/real-estate/28406031/55-young-street-hamilton-corktown-corktown
Interested?
Contact us for more information
Alexandra Maurice
Broker
130 King St West #1900d
Toronto, Ontario M5X 1E3
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June 03 2025 01:20:08
Toronto Real Estate Board
Real Broker Ontario Ltd.
