229 Parkdale Avenue N, Hamilton, ON L8H 5X4
229 Parkdale Avenue N, Hamilton, ON L8H 5X4
229 Parkdale Avenue N, Hamilton, ON L8H 5X4
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Mike McCarthy

Mike McCarthy

+1(289) 919-5442
$575,000
Est. payment /mo
3 Beds
1 Bath
1,684 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,684 sqft

Price per Sqft $341

MLS Listing ID 40837478

Bedrooms 3

Abv Grd Liv Area 2,625

Annual Tax Amount $4,100

Property Sub-Type Multi-3 Unit

Source Cornerstone

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.

Location

Province ON

County Hamilton

Area 23 - Hamilton East

Zoning C5

Direction Take Barton and turn north onto Parkdale. Property on the left

Rooms

Basement Separate Entrance, Full, Finished

Kitchen 0

Interior

Interior Features Other

Heating Forced Air, Geothermal

Cooling Central Air

Fireplace No

Appliance Microwave, Refrigerator, Stove

Laundry None

Exterior

Parking Features Asphalt

Roof Type Asphalt Shing

Porch Patio

Lot Frontage 36.9

Lot Depth 106.6

Garage No

Building

Lot Description Rectangular, Public Transit, Schools, Shopping Nearby

Faces Take Barton and turn north onto Parkdale. Property on the left

Story 2

Foundation Block

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Stucco

New Construction No

Others

Senior Community false

Tax ID 172560183

Ownership Freehold/None

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Listed by RE/MAX Escarpment Realty Inc.
Nearby School & Business

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Mike McCarthy
Mike McCarthy

Realtor | License ID: 4794661

+1(289) 919-5442 | mike@mikemccarthyrealty.com

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