229 PARKDALE Avenue N, Hamilton, Ontario
$549,900
- 3 Beds
- 3 Baths
- 2,625 Square Feet
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:23309)
- Listing ID: 40837485
- Property Type: Single Family
Schedule a Tour
Schedule Private Tour
Paul Busnello would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Paul Busnello, who specializes in Hamilton real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Paul Busnello find a property to match your lifestyle.
Listing provided by RE/MAX Escarpment Realty Inc.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 229 PARKDALE Avenue N in Hamilton Ontario. It was last modified on June 6th, 2026. Contact Paul Busnello to schedule a viewing or to discover other Hamilton homes for sale.