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

55 Young St, Hamilton, Ontario L8N 1V1

Other
-
-
~2693 sqft
$•••,•••
$659,900
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Other
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~2693 sqft

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Highlights

Property Estimate

Days on market64 days

Estimated valueNot available

Price/Sqft$245/sqft

Monthly cost

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+8

Properties sold*

$303K

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

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

31 days

Compared to

2024

47 days

2023

34 days

2022

36 days

New Listings

Past 30 days

13 listings

Compared to

2024

7 listings

2023

12 listings

2022

16 listings

Units sold

Past 30 days

2 units

Compared to

2024

8 units

2023

10 units

2022

7 units

Median Sold Price

Past 30 days

$405,400

Compared to

2024

$303,000

2023

$361,750

2022

$395,000


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