229 Parkdale Avenue N,Hamilton, ON L8H5X4
Hamilton, ON L8H5X4
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. (id:13843)
Details
| MLS # | 40862208 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 44 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Attila Biro |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,625 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | C5 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Geo Thermal |
| Appliances | Microwave |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Paved driveway |
|---|
Parking
| Parking Total | 2 |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 4100.05 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8H5X4 |
| Community Name | 232 Normanhurst |
| Listing VS Median (in 232 Normanhurst) | |
Price: $545,000 low | high Med: $515,000 sqft: 2,625 low | high Med: 1,069 $ / sqft: $208 low | high Med: $510 On site: 44 low | high Med: 2 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8H5X4 |
| Community Name | 232 Normanhurst |
| Listing VS Median (in 232 Normanhurst) | |
Price: $545,000 low | high Med: $515,000 sqft: 2,625 low | high Med: 1,069 $ / sqft: $208 low | high Med: $510 On site: 44 low | high Med: 2 | |
