$824,900
Available - For Sale
Listing ID: X12191224
55 Young Stre , Hamilton, L8N 1V1, Hamilton


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.
Price $824,900
Taxes: $4191.55
Assessment Year: 2025
Occupancy: Tenant
Address: 55 Young Stre , Hamilton, L8N 1V1, Hamilton
Directions/Cross Streets: Young St & John St S
Rooms: 9
Bedrooms: 4
Bedrooms +: 0
Family Room: F
Basement: Walk-Up, Separate Ent
Washroom Type No. of Pieces Level
Washroom Type 1 3
Washroom Type 2 4
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Triplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: None
Drive Parking Spaces: 0
Park #1
Parking Type: None
Park #2
Parking Type: None
Pool: None
Approximatly Square Footage: 2500-3000
Property Features: Hospital, Library
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REAL BROKER ONTARIO LTD.
Personal Picture
Ritu Anand
Broker
Dir:
647-287-4515
Bus:
905-454-1100
Fax:
905-277-0020
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Triplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Corktown
Style: 3-Storey
Lot Size: x 70.00(Feet)
Approximate Age:
Tax: $4,191.55
Maintenance Fee: $0
Beds: 4
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
$
%
%
Years