Excellent mixed-use investment opportunity in a high-visibility location at 229Parkdale Avenue North in Hamilton. This versatile property features a commercialstorefront along with three one-bedroom residential units, offering multiplepotential income streams and excellent upside for investors or owner-operators.The entire property is vacant and available for immediate occupancy or lease-up atcurrent market rents. The upstairs has also been freshly painted and features newflooring, giving the residential space a clean, updated appearance. With no tenantsin place, the property is easy to show and provides the new owner with completeflexibility.Convenient on-site parking is available at the side and rear of the building, arare and valuable feature in the area. Positioned along a busy corridor, thecommercial unit benefits from excellent exposure and accessibility, making itsuitable for a variety of business uses.The building is currently serviced by one hydro meter and one gas meter, offeringan opportunity for future optimization. Located close to major routes, publictransit, and everyday amenities, this is a rare opportunity to acquire a fullyvacant mixed-use property in a growing Hamilton neighbourhood with strong long-termpotential.
| MLS # | 40862197 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 48 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Attila Biro |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,684 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | C5 |
| Acreage | 0.09 |
| Appliances | Water Heater, Microwave, Refrigerator, Stove |
|---|---|
| Rooms Total | 15 |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite |
| Lot Features | Urban, City Lot, Highway Access, Public Parking, Public Transit, Shopping Nearby |
|---|---|
| Construction Materials | Vinyl Siding |
| Roof | Asphalt Shing |
| Foundation Details | Concrete Block |
| Patio And Porch Features | Patio |
| Open Parking Yes / No | Yes |
|---|
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 4100.05 |
|---|
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8H 5X4 |
| Area | 23 Hamilton East |
| Subarea | 232 Normanhurst |
| Community Name | 232 Normanhurst |
| Listing VS Median (in 232 Normanhurst) | |
Price: $545,000 low | high Med: $514,999 sqft: 1,684 low | high Med: 816 $ / sqft: $324 low | high Med: $631 On site: 48 low | high Med: 5 | |
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8H 5X4 |
| Area | 23 Hamilton East |
| Subarea | 232 Normanhurst |
| Community Name | 232 Normanhurst |
| Listing VS Median (in 232 Normanhurst) | |
Price: $545,000 low | high Med: $514,999 sqft: 1,684 low | high Med: 816 $ / sqft: $324 low | high Med: $631 On site: 48 low | high Med: 5 | |