Robert Bumelis

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55 YOUNG Street, Hamilton, Ontario

$824,900

4 Beds
3 Baths
2,693 Square Feet

Attention investors!! LEGAL TRIPLEX in Hamilton’s 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 Hamilton’s most walkable and vibrant neighbourhoods. Just a 4-minute walk to the Hamilton GO Centre, 6-minute walk to St. Joseph’s 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. (id:23309)

Listing ID: 40726213
Property Type: Multi-family
Year Built: 1910

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Details

Amenities Nearby: Hospital, Park, Public Transit, Schools, Shopping
Equipment: Water Heater
Ownership: Freehold
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: C5

Building

BasementType: Full (Unfinished)
Basement Development: Unfinished
Constructed Date: 1910
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: False
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2693 sqft
Stories Total: 3
Type: Triplex
Utility Water: Municipal water

Land

Amenities: Hospital, Park, Public Transit, Schools, Shopping
Sewer: Municipal sewage system
Size Frontage: 26 ft

Listing provided by Real Broker Ontario Ltd.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 55 YOUNG Street in Hamilton Ontario. It was last modified on June 19th, 2025. Contact Robert Bumelis to schedule a viewing or to discover other Hamilton real estate for sale.

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