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Renanza Realty
For sale

229 PARKDALE Avenue N

Hamilton, Ontario

MLS® 40862208

$545,000

Status
Active
Property type
Multi-family
MLS® number
40862208
Bedrooms
3
Bathrooms
3
Year built

Listing description

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.

Property summary

MLS® number
40862208
Property type
Multi-family
Building type
Triplex
Square footage
2,625 sq ft
Title
Freehold
Annual property taxes
$4,100.05
Parking
2 spaces
Days on market
6 days

Features & details

Heating
Forced air, Geo Thermal
Cooling
Central air conditioning
Basement
Finished, Full
Appliances
Microwave
Exterior features
Stucco
Lot features
Paved driveway

What would this home cost you?

Based on the $545,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,536 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Escarpment Realty Inc., Stoney Creek.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.