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229 PARKDALE Avenue N, Hamilton — listed at $545,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Excellent mixed-use investment opportunity in a high-visibility location at 229 Parkdale Avenue North in Hamilton. This versatile property features a commercial storefront along with three one-bedroom residential units, offering multiple potential income streams and excellent upside for investors or owner-operators. The entire property is vacant and available for immediate occupancy or lease-up at current market rents. The upstairs has also been freshly painted and features new flooring, giving the residential space a clean, updated appearance. With no tenants in place, the property is easy to show and provides the new owner with complete flexibility. Convenient on-site parking is available at the side and rear of the building, a rare and valuable feature in the area. Positioned along a busy corridor, the commercial unit benefits from excellent exposure and accessibility, making it suitable for a variety of business uses. The building is currently serviced by one hydro meter and one gas meter, offering an opportunity for future optimization. Located close to major routes, public transit, and everyday amenities, this is a rare opportunity to acquire a fully vacant mixed-use property in a growing Hamilton neighbourhood with strong long-term potential. (id:60164)
What's the parking situation?+
This property includes 2 spaces.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
How is the home heated? Is it efficient?+
Heating is forced air, geo thermal. Ask for past utility bills to understand real heating costs.
Is 229 PARKDALE Avenue N a good fit for a growing family?+
With 3 bedrooms and 3 bathrooms (2625 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Is this a good starter home?+
At $545,000, this is priced in starter-home territory for Hamilton. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
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