55 Young Street, Hamilton, ON L8N 1V1 (Young St & John St S)

Price : $749,900.00 , MLS®# : X12191224

Description

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.

Location Description

Young St & John St S

Property Details
  • Community: Corktown
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 4
  • Bath: 3
  • Garages: None
  • Annual Property Taxes : $ 4191.55
Building Features
  • Foundation Type: Stone
  • Counstruction Material : Brick
  • Total Parking Space : 0
  • Parking Type : None
Building Features
  • Heating : Forced AirGas
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 25.7 sq.ft
  • Land Depth: 70sq.ft

Listing Contracted With: REAL BROKER ONTARIO LTD.

Usman Butt
Broker
Call us @ : 416-875-1487
Mail us @ : realtorusman@gmail.com
Enquiry about this property