For Sale

55 Young Street, Hamilton, Ontario L8N 1V1

$794,900

55 Young Street, Hamilton, Ontario L8N 1V1 is For Sale and has a listing price of 794,900. The property is located in the Corktown neighbourhood . It's been on the website for 57 Days.

  • Triplex
    Property Type
  • 4
    Bedrooms
  • 3
    Bathrooms
  • Parking
  • MLS ID: X12191224
  • Office Name REAL BROKER ONTARIO LTD.
Property 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.

Property Details
  • Bedrooms: 4
  • MLS ID: X12191224
  • Bathrooms: 3
  • Price: $794,900
  • Lot Depth: 70
  • Transaction Types: For Sale
  • Ref ID: X12191224
  • Year Built: N/A
  • Approx Sqft: 2500-3000
  • Dir / Cross St: Young St & John St S
  • Status: Active
  • Tax Year: 2024
  • Property Type: Triplex
  • Property Type: All Houses
  • Property Sub Category: Triplex
Price History
List Date MLS ID List Price Status End Date Closed Price
07/03/2025 X12258735 $794,900 For Sale - -
06/03/2025 X12191224 $794,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Corktown
  • $796,853 Average List Price
    based on 1 year
  • 21 New Listings
    based on 30 days
  • 30 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.08 % Up
  • Sold (12mo) 43
  • Rented (12mo) 132

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 99 Walk Score
    Walker's Paradise
  • 86 Transit Score
    Excellent Transit
  • 78 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 3-storey
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: N/A
  • Exterior Brick
  • Kitchen 3
  • Fireplace Y
  • Parking Y
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $4,192
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 03/06/2025 12:17:09
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