4 Beds 3 Bath

55 Young Street, Hamilton, ON L8N 1V1

Hamilton L8N 1V1 Ontario

MLS: X12191224

$824,900

Added 2 days ago | For Sale

Listed by: REAL BROKER ONTARIO LTD.

About Property

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.

Features

  • House Style:Triplex
  • Bathrooms:3
  • Land Size: 25.7 X 70
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Young St & John St S
  • Basement:Walk-Up,Separate Entrance , Walk-Up,Separate Entrance
  • Possession Date:Immediate
  • Annual Property taxes: $4191.55
  • Bedrooms:4
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12191224

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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