229 PARKDALE Avenue N, Hamilton

2026-06-07
 

Quick Summary

Location
229 PARKDALE Avenue N, Hamilton, Ontario L8H5X4
Price
$575,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2625 sqft
Bedrooms:
3
Bathrooms:
1
Garages:
2
Video Link:

MLS®#40837478

Property Description

Excellent mixed-use investment opportunity in a high-visibility location at 229 Parkdale Ave N in Hamilton. This versatile property features a commercial storefront at the front along with three 1-bedroom residential units, offering multiple income streams and strong upside potential for investors or owner-operators. The property benefits from convenient on-site parking located at the side and rear of the building, a rare and valuable feature in this area. Positioned along a busy corridor, the commercial unit enjoys excellent exposure and accessibility, making it ideal for a variety of business uses. Currently, one of the residential units is tenanted at $1,400 per month, with hydro and gas shared among the units. The tenant is actively seeking alternative accommodations, presenting a near-term opportunity for the buyer to set new market rents or occupy the unit. The remaining units and commercial space offer significant potential for lease-up or repositioning to maximize income. The building is serviced by one hydro meter and one gas meter, providing an opportunity for future optimization. Ideal for investors looking to add value through renovations, improved management, or full occupancy. Located close to major routes, public transit, and amenities, this is a rare opportunity to acquire a mixed-use property in a growing area with long-term potential. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit, Schools, Shopping

Building

  • Appliances: Microwave
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Cooling Type: Central air conditioning
  • Exterior Finish: Stucco
  • Fireplace: No
  • Interior Size: 2625 sqft
  • Building Type: Triplex
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Paved driveway

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: C5

Information entered by RE/MAX Escarpment Realty Inc.
Listing information last updated on: 2026-06-06 20:01:21


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