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Team Rocca

hello@roccasisters.ca +1(905) 335-4102

Listed by Attila Biro • RE/MAX Escarpment Realty Inc.

$ 549,900

Est. payment -/mo

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Price Dropped by $25K

229 Parkdale Avenue N Hamilton, ON L8H 5X4

3 Beds

3 Baths

1,684 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,684 sqft

Price per Sqft $326

MLS Listing ID 40837485

Bedrooms 3

Full Baths 3

Abv Grd Liv Area 2,625

Annual Tax Amount $4,100

Property Sub-Type Detached

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. THE HOUSE IS ON THE LEFT.

Rooms

Basement Full, Finished

Main Level Bedrooms 1

Bedroom 2 1

Kitchen 3

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Water Heater, Microwave, Refrigerator, Stove

Laundry In-Suite

Exterior

Roof Type Asphalt Shing

Porch Patio

Lot Frontage 36.9

Lot Depth 106.6

Garage No

Building

Lot Description Urban, City Lot, Highway Access, Public Parking, Public Transit, Shopping Nearby

Faces TAKE BARTON AND TURN NORTH ONTO PARKDALE. THE HOUSE IS ON THE LEFT.

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal, Municipal-Metered

Level or Stories 1

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 172560183

Ownership Freehold/None

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Team Rocca

Owner

+1(905) 335-4102

Team Rocca

229 Parkdale Avenue N Hamilton, ON L8H 5X4

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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229 Parkdale Avenue N