229 Parkdale Avenue N Hamilton, Ontario L8H 5X4
$575,000
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:61445)
Property Details
| MLS® Number | 40837485 |
| Property Type | Single Family |
| AmenitiesNearBy | Public Transit, Shopping |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 2 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 2 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 3 |
| Appliances | Microwave, Refrigerator, Stove |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2625 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access, Highway Access |
| Acreage | No |
| LandAmenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 107 Ft |
| SizeFrontage | 37 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | C5 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 4pc Bathroom | Measurements not available | ||
| Second Level | Bedroom | 10'0'' x 12'1'' | ||
| Second Level | Kitchen | 10'3'' x 9'11'' | ||
| Second Level | Living Room/dining Room | 10'0'' x 9'6'' | ||
| Basement | Storage | 15'10'' x 14'2'' | ||
| Basement | 3pc Bathroom | Measurements not available | ||
| Basement | Bedroom | 15'10'' x 9'0'' | ||
| Basement | Kitchen | 7'3'' x 9'11'' | ||
| Basement | Living Room | 15'7'' x 8'6'' | ||
| Main Level | Other | 20'8'' x 11'8'' | ||
| Main Level | Den | 9'2'' x 4'10'' | ||
| Main Level | 3pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | 8'8'' x 10'8'' | ||
| Main Level | Kitchen | 8'3'' x 9'7'' | ||
| Main Level | Living Room | 9'5'' x 19'5'' |
https://www.realtor.ca/real-estate/29866468/229-parkdale-avenue-n-hamilton
Interested?
Contact us for more information
Attila Biro
Salesperson
36 Main Street East
Grimsby, Ontario L3M 1M0
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 06 2026 08:20:08
Royal LePage NRC Realty