229 PARKDALE Avenue

Hamilton, Ontario L8H5X4

MLS # 40862197

$545,000

Property Details

Type

Detached

Beds

Baths

Status

For Sale

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About this property

Excellent mixed-use investment opportunity in a high-visibility location at 229 Parkdale Avenue North in Hamilton. This versatile property features a commercial storefront along with three one-bedroom residential units, offering multiple potential income streams and excellent upside for investors or owner-operators. The entire property is vacant and available for immediate occupancy or lease-up at current market rents. The upstairs has also been freshly painted and features new flooring, giving the residential space a clean, updated appearance. With no tenants in place, the property is easy to show and provides the new owner with complete flexibility. Convenient on-site parking is available at the side and rear of the building, a rare and valuable feature in the area. Positioned along a busy corridor, the commercial unit benefits from excellent exposure and accessibility, making it suitable for a variety of business uses. The building is currently serviced by one hydro meter and one gas meter, offering an opportunity for future optimization. Located close to major routes, public transit, and everyday amenities, this is a rare opportunity to acquire a fully vacant mixed-use property in a growing Hamilton neighbourhood with strong long-term potential.

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Property taxes: about $342/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Storage	Basement	14'2'' x 15'10''
3pc Bathroom	Basement	x
Bedroom	Basement	9'0'' x 15'10''
Kitchen	Basement	9'11'' x 7'3''
Living room	Basement	8'6'' x 15'7''
4pc Bathroom	Second level	x
Bedroom	Second level	12'1'' x 10'0''
Kitchen	Second level	9'11'' x 10'3''
Living room/Dining room	Second level	9'6'' x 10'0''
Other	Main level	11'8'' x 20'8''
Den	Main level	4'10'' x 9'2''
3pc Bathroom	Main level	x
Bedroom	Main level	10'8'' x 8'8''
Kitchen	Main level	9'7'' x 8'3''
Living room	Main level	19'5'' x 9'5''