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MLS® X12995370
Hamilton, ON
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.
Broker
ROYAL LEPAGE NRC REALTY
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Commercial Retail
229 Parkdale Avenue N Hamilton
Hamilton
Type
Commercial Retail
Parking
None
Property Tax
~$4,100/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
1513 sqft
Parking
None
Finances
List Price
$629,900
Price per SQFT
$416/sqft
Property Tax
~$4,100/yr
Property Specs
Property Type
Commercial Retail
MLS Size
1513 sqft
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
Hamilton
Listed On
Apr 13, 2026
Days on Market
Current: 208 days
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