55 Young ST Active Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8N 1V1
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Corktown
MLS Listing ID X12191224
Style 3-Storey
Bedrooms 4
Annual Tax Amount $4,191
Tax Year 2024
Property Sub-Type Triplex
Property Description
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.
Location
Province ON
County Hamilton
Community Corktown
Area Hamilton
Rooms
Kitchen 3
Interior
Cooling Central Air
Inclusions Washer, Dryer, Dishwasher, Fridge x3, Stove x3
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle,Flat
Building
Foundation Stone