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116 YOUNG Street, Hamilton, Ontario, L8N 1V6

MLS® # H4174958
Investment For Sale In Corktown, Hamilton, Ontario
$6,950,000
116 Young Street, Hamilton, ON - Outdoor With Facade
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor With Exterior
116 Young Street, Hamilton, ON - Indoor Photo Showing Other Room
116 Young Street, Hamilton, ON - Indoor Photo Showing Kitchen
116 Young Street, Hamilton, ON - Indoor Photo Showing Bathroom
116 Young Street, Hamilton, ON - Indoor Photo Showing Bathroom
116 Young Street, Hamilton, ON - Indoor Photo Showing Other Room
116 Young Street, Hamilton, ON - Indoor Photo Showing Other Room
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor With Exterior
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON  - Outdoor With Facade
116 Young Street, Hamilton, ON  - Outdoor
116 Young Street, Hamilton, ON  - Outdoor
116 Young Street, Hamilton, ON  - Outdoor
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor With Exterior
116 Young Street, Hamilton, ON - Indoor Photo Showing Other Room
116 Young Street, Hamilton, ON - Indoor Photo Showing Kitchen
116 Young Street, Hamilton, ON - Indoor Photo Showing Bathroom
116 Young Street, Hamilton, ON - Indoor Photo Showing Bathroom
116 Young Street, Hamilton, ON - Indoor Photo Showing Other Room
116 Young Street, Hamilton, ON - Indoor Photo Showing Other Room
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor With Exterior
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor
116 Young Street, Hamilton, ON - Outdoor
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116 YOUNG Street, Hamilton, Ontario, L8N 1V6
$6,950,000

Property Information:

Investment or Potential Redevelopment Opportunity! The List Price includes 108 Young Street. 2 Buildings, 108 & 116 Young Street comprising of 27 Units on .47 acres must be purchased together. Excellent Central Hamilton Location close to public transportation, hospital, park, school, restaurants and shopping. Well constructed and maintained building with numerous upgrades over the years. Separate hydro meters for each unit, breaker panels installed in all units, 10 storage lockers, 14 parking spaces, 7 camera security system, fire alarm system and coin operated laundry. Solid investment with a huge upside potential once units are turned over. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Architectural Style: 3 Level, Multi-Unit
  • Basement Development: Partially finished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick, Other
  • Fire Protection: Fire alarm system, Smoke Detectors
  • Floor Space: 8977 Square Feet
  • Foundation Type: Block
  • Heating Type: Boiler
  • Heating Fuel: Natural gas
  • Appliances: Refrigerator, Stove

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Hospital, Public Transit
  • Features: Paved driveway, Laundry- Coin operated
  • Floor Space (approx): 8977.00 Square Feet
  • Irregular: Yes
  • Lot Depth: 132.0 Feet
  • Lot Frontage: 70.0 Feet
  • Lot Size: 70 x 132
  • Storage Type: Storage
  • Sewer: Municipal sewage system
  • Parking Type: Covered
  • No. of Parking Spaces: 14

Courtesy of: RE/MAX Escarpment Realty Inc.

REALTOR.ca 

Location of 116 YOUNG Street, Hamilton, Ontario, L8N 1V6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

30 hot days expected in 2050

Projected Storm Risk: High

13 storms expected in 2050

Projected Heat Risk: High

30 hot days expected in 2050

48/100

High

ClimateCheck®

Current data

This property, 116 YOUNG Street , experiences 7 hot days per year at around 31.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.3 degrees Celsius.

Projected Avg. Temperature

Past
31.8℃
2050
35.3℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: High

13 storms expected in 2050

59/100

High

ClimateCheck®

Current data

This property, 116 YOUNG Street , experiences 11 significant 2-day storms per year, with about 308.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 383.4mm of precipitation per year.

Precipitation Per Storm

Past
308.9mm
2050
383.4mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 116 YOUNG Street, Hamilton, Ontario, L8N 1V6

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$88,954.95

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.96 %

High school certificate or equivalent

28.22 %

Apprenticeship trade certificate/diploma

4.3 %

College/non-university certificate

20.33 %

University certificate (below bachelor)

0.7 %

University Degree

26.49 %

Commuter

Travel To Work

By Car

55.2 %

By Public Transit

25.19 %

By Walking

14.86 %

By Bicycle

0.49 %

By Other Methods

4.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

86.6 %

Houses

13.4 %

Own Vs. Rent