55 Young Street Hamilton, Ontario L8N 1V1
$794,900
Attention investors!! LEGAL TRIPLEX with COMMERCIAL 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 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 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:53661)
Property Details
| MLS® Number | X12258735 |
| Property Type | Retail |
| Neigbourhood | Corktown |
| Community Name | Corktown |
Building
| Appliances | Dishwasher, Dryer, Washer |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 2,693 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 70 Ft |
| Size Frontage | 25 Ft ,8 In |
| Size Irregular | 25.7 X 70 Ft |
| Size Total Text | 25.7 X 70 Ft |
| Zoning Description | C5 |
https://www.realtor.ca/real-estate/28550579/55-young-street-hamilton-corktown-corktown
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July 03 2025 02:58:36
Toronto Regional Real Estate Board
Real Broker Ontario Ltd.
