For Sale - 229 Parkdale Avenue, Hamilton, Ontario

Est payment $3,025/mo
Views   1
Time on Jump  7 day
  • Great mixed-use property with commercial storefront and three residential units.
  • Multiple income streams provide strong potential for investors or owner-operators.
  • Convenient on-site parking available, a rare feature in this area.
  • Currently tenanted residential unit offers near-term rental opportunities for buyers.
  • Close to major routes, transit, and amenities for easy access.



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.
Listing IDX12995370
Address229 Parkdale Avenue
CityHamilton, Ontario
Price$629,900
StyleCommercial Retail
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailHeating / Cooling Gas Forced Air Open
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Listing Agency:  ROYAL LEPAGE NRC REALTY

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229 Parkdale Avenue
Hamilton , Ontario
$629,900
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