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$824,900Asking Price

55 Young Street, Hamilton, ON L8N 1V1

Corktown, Hamilton

Triplex
4
Bedrooms
3
Baths
0
Parking
Days on Market

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.

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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.

  OPEN HOUSE

Key Info

  • 3-Storey Triplex
  • No Parking
  • No Garage
  • Young St & John St S
  • 2500-3000 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $4,191 in 2024
  • Possession: Immediate

Details

  • Brick Exterior
  • Fireplace
  • 3 Kitchens
  •  
  • MLS #X12191224
  • REAL BROKER ONTARIO LTD.

Extras

Room Floor Dimensions Details
Washroom2 3-Piece Bathrooms
Washroom1 4-Piece Bathroom
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Schools
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Public Catholic French
Primary
Middle
Secondary
Primary
Middle
Secondary
French Immersion Public
Commute

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86
This property has a high transit score.
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1 Go Transit Stop
Hamilton Go Centre
2 min
Amenities
99
This property has a high walk score.
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0 Dog Parks
0 Daycares
5 Groceries Quality Green, Jackson Square Food Court, Ken's Chicken Corner
23 Coffee Spots Detour Cafe Hamilton, Tim Hortons, Red Crow Coffee
188 Restaurant/Bars Atlantic Subs, Bon Temps, Subway Hamilton
60 Park/Rec/Gyms Anthony's Health, Long Life Fitness, Le Petite Spa
15 Hospitals Park Hospital, John St. Medical, Charlton Centre for Specialized Treatment
4 Libraries Hamilton Law Association, Alice's Book Nook, Hamilton Public Library
47 Places of Worship St.charles Garnier Parish, Church of the Ascension, Hamilton Faith Fam
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Who lives here?

Corktown, Hamilton is a west GTA neighbourhood notable for its singles, renters, university grads, health professionals and salespeople. It has a higher than average population of immigrants, and Arabic speakers. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 44.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

62% of residents are
single and loving it.

62% singles

Hamilton (46%)

Renters

79% of residents
are renters.

79% renters

Hamilton (32%)

Education

34% of residents are
university grads.

34% university grads

Hamilton (28%)

Income

Average Household Income

$57K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions
Sales 20%
Health 9%
Business 8%
Government 7%
Trades 7%

Immigrants

35% of residents were
born outside of Canada.

35% immigrants

Hamilton (25%)

Birthplace - All

Philippines was once home to 4.3% of immigrants.
Caribbean 3.6%
Syria 3.3%
India 1.9%
UK 1.7%

4.3% from Philippines
All-time

Birthplace - Recent

Syria was once home to 2.5% of immigrants.
Philippines 1.0%
India 0.8%
China 0.5%
Iraq 0.4%

2.5% from Syria
Recent

Foreign Languages

Foreign Languages
Arabic 6%
Spanish 3%
Tagalog 2%
Mandarin 2%
French 2%

Religions

Religions
Christian 57%
Muslim 9%
Hindu 3%
Buddhist 2%
Jewish 1%