55 Young Street new Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8N 1V1
Key Details
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,693 sqft
Price per Sqft $306
MLS Listing ID 40726213
Bedrooms 4
Abv Grd Liv Area 2,693
Year Built 1910
Annual Tax Amount $4,191
Property Sub-Type Multi-3 Unit
Source Hamilton - Burlington
Property Description
Attention investors!! LEGAL TRIPLEX in Hamilton's 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 Hamilton's most walkable and vibrant neighbourhoods. Just a 4-minute walk to the Hamilton GO Centre, 6-minute walk to St. Joseph's 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.
Location
Province ON
County Hamilton
Area 14 - Hamilton Centre
Zoning C5
Direction Charlton Ave E > John St S > Young Street
Rooms
Basement Separate Entrance,Walk-Up Access,Full,Unfinished
Kitchen 0
Interior
Interior Features Separate Heating Controls,Separate Hydro Meters
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplace No
Appliance Refrigerator,Stove
Laundry Common Area
Exterior
Exterior Feature Separate Hydro Meters
Roof Type Asphalt Shing,Flat
Lot Frontage 25.7
Lot Depth 70.0
Garage No
Building
Lot Description Rectangular,City Lot,Hospital,Library,Park,Public Parking,Public Transit,Schools,Shopping Nearby
Faces Charlton Ave E > John St S > Young Street
Story 3
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Schools
Elementary Schools St. Joseph, Central, Kanetskare
High Schools St. Mary Ss, Cathedral (Fi), Westdale
Others
Senior Community No
Tax ID 171730019
Ownership Freehold/None