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55 Young Street Hamilton, Ontario L8N 1V1

2693 sqft

$659,900

Attention investors!! LEGAL TRIPLEX with COMMERCIAL 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 including retail, office, and more, 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:63008)

Property Details

MLS® Number 40747295
Property Type Other
AmenitiesNearBy Hospital, Public Transit, Schools
EquipmentType Water Heater
RentalEquipmentType Water Heater

Building

BasementType Full
ConstructedDate 1910
ExteriorFinish Brick
StoriesTotal 3
SizeExterior 2693.0000
SizeInterior 2693 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Hospital, Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 70 Ft
SizeFrontage 26 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C5

https://www.realtor.ca/real-estate/28550068/55-young-street-hamilton

Alexandra Maurice
Broker


Real Broker Ontario Ltd.
130 King Street W. Suite 1900d
Toronto, Ontario M5X 1E3

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