Home with brick exterior material, street for 55 Young St, Hamilton Ontario L8N 1V1
14 days on Market

55 Young St, Hamilton, Ontario L8N 1V1

Other
-
-
~2693 sqft
$794,900
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Other
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~2693 sqft

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Highlights

Property Estimate

Days on market14 days

Estimated valueNot available

Price/Sqft$295/sqft

Monthly cost

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CMA Subject Property

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+4

Properties sold*

$439K

Median sold price*

*Based on last 30 days

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

StyleStore With Apt/Office
View-
Age of property-
SqFt~2693 SqFt
Lot Size1,799 SqFt(70 x 25.7)
Parking Spaces-
MLS ®NumberX12258735
Community NameCorktown
Data SourceTRREB
Listing byREAL BROKER ONTARIO LTD.

Features

Heating: Gas Forced Air Open
Cooling: Part
Basement: Y

Features

Lot size: 1,799 SqFt

Market Data - Corktown

Geo Zone Map ThumbnailCorktown

Balanced Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

51 days

Compared to

2024

45 days

2023

28 days

2022

9 days

New Listings

Past 30 days

16 listings

Compared to

2024

17 listings

2023

16 listings

2022

18 listings

Units sold

Past 30 days

9 units

Compared to

2024

4 units

2023

11 units

2022

14 units

Median Sold Price

Past 30 days

$315,000

Compared to

2024

$439,000

2023

$360,000

2022

$488,750


Population and Demographics

Overview

Total population 7235
Average household income $92,159

Age (%)

0 to 19
15%
20 to 34
32%
35 to 49
20%
50 to 64
18%
65 and plus
14%

Household composition (%)

Single person
53%
Single family
38%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
76%
Arabic
5%
Gujarati
3%
Spanish
3%
Tagalog (Pilipino, Filipino)
2%
French
2%
Others
2%
Mandarin
1%
Somali
1%

House tenancy (%)

Renters
77%
Owners
23%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget