229 PARKDALE Avenue N, Hamilton, ON L8H5X4
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229 PARKDALE Avenue N, Hamilton, ON L8H5X4
229 PARKDALE Avenue N, Hamilton, ON L8H5X4
229 PARKDALE Avenue N, Hamilton, ON L8H5X4
229 PARKDALE Avenue N, Hamilton, ON L8H5X4
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Agostino Calandrino

Agostino Calandrino

+1(905) 518-6104
$ 549,900
Est. payment /mo
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Price Dropped by $25K

229 PARKDALE Avenue N Hamilton, ON L8H5X4

3 Beds

3 Baths

2,625 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2625

Square Footage 2,625 sqft

Price per Sqft $209

Subdivision 232 - Normanhurst

MLS® Listing ID 40837485

Bedrooms 3

Property Sub-Type Freehold

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. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level Measurements not available 4pc Bathroom

Extra Room 2 Second level 10'0'' x 12'1'' Bedroom

Extra Room 3 Second level 10'3'' x 9'11'' Kitchen

Extra Room 4 Second level 10'0'' x 9'6'' Living room/Dining room

Extra Room 5 Basement 15'10'' x 14'2'' Storage

Extra Room 6 Basement Measurements not available 3pc Bathroom

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Story 1.5

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by RE/MAX Escarpment Realty Inc.

NEARBY SCHOOLS & PROPERTIES

Agostino Calandrino

Agostino Calandrino

Realtor/Team Lead

+1(905) 518-6104

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229 PARKDALE Avenue N