CAONHamilton229 Parkdale Ave N
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229 Parkdale Ave N, Hamilton, ON

House

For Sale

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332

MLS® 40837485

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1684 sqft
Garage 
Taxes $4,100
Days Active 0
Lot Size 
Approx. Age 
Avg. Price Per Sqft $341
MLS® Number 40837485

Property Address: 229 Parkdale Ave N, Hamilton, ON, L8H5X4

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® Number40837485
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFull, Finished
DrivewayAsphalt
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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Home Appraisal

This property is estimated to sell between: $502,000 and $612,000.
Similar properties in this area sold on average for: $502,836
Expected to sell in 29 days. Similar properties sold in 29 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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229 Parkdale Ave N, Hamilton, ON
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