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 2 Days.

  • MLS ID: X12258735
  • Office Name REAL BROKER ONTARIO LTD.
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.

Property Details
  • MLS ID: X12258735
  • Price: $794,900
  • Lot Depth: 70
  • Transaction Types: For Sale
  • Ref ID: X12258735
  • Year Built: N/A
  • Dir / Cross St: John St S
  • Status: Active
  • Tax Year: 2024
  • Property Type: Commercial
  • Property Sub Category: Commercial Apartment
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
  • $829,304 Average List Price
    based on 1 year
  • 16 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.24 % Below
  • Sold (12mo) 45
  • Rented (12mo) 146

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Y
  • Parking Spaces: N/A
  • Taxes: $4,192
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 03/07/2025 13:38:52
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