229 Parkdale Avenue N,Hamilton, ON L8H 5X4
Hamilton, ON L8H 5X4
Description
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 multiple potentialincome 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 tenants inplace, 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, a rareand valuable feature in the area. Positioned along a busy corridor, the commercialunit benefits from excellent exposure and accessibility, making it suitable for avariety of business uses.The building is currently serviced by one hydro meter and one gas meter, offering anopportunity for future optimization. Located close to major routes, public transit,and everyday amenities, this is a rare opportunity to acquire a fully vacant mixed-useproperty in a growing Hamilton neighbourhood with strong long-term potential.
Details
| MLS # | 40862208 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 60 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Attila Biro |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 1,684 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | C5 |
| Acreage | 0.09 |
Interior
| Appliances | Microwave, Refrigerator, Stove |
|---|---|
| Interior Features | Other |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Geothermal |
| Heating Yes / No | Yes |
| Laundry Features | None |
Exterior
| Lot Features | Rectangular, Public Transit, Schools, Shopping Nearby |
|---|---|
| Construction Materials | Stucco |
| Roof | Asphalt Shing |
| Foundation Details | Block |
| Patio And Porch Features | Patio |
Parking
| Parking Features | Asphalt |
|---|---|
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 4100.05 |
|---|
Area Information
| 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: $514,950 sqft: 1,684 low | high Med: 988 $ / sqft: $324 low | high Med: $538 On site: 60 low | high Med: 39 | |
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Learn More About This Property
| 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: $514,950 sqft: 1,684 low | high Med: 988 $ / sqft: $324 low | high Med: $538 On site: 60 low | high Med: 39 | |
