See all 40 photos
$824,900
Est. payment /mo
4 Beds
3 Baths
2,693 SqFt
New
55 YOUNG Street Hamilton, ON L8N1V1
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,693 sqft
Price per Sqft $306
Subdivision 142 - Corktown
MLS® Listing ID 40726213
Bedrooms 4
Year Built 1910
Property Sub-Type Freehold
Source Cornerstone - 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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold