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
- —
1 / 50Listing 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.
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.