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:2493)
Property Type:
Multi-family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
2,625 sq. ft.244 m2
Finished Area Above Grade:
1,684 sq. ft.156 m2
Zoning:
C5
Taxes:
$4,100.05 /
-
Community:
232 - Normanhurst
Exterior Features:
Stucco
Structure Type:
Triplex
Appliances Included:
Microwave
Bedrooms:
3
Bathrooms:
3.0
Cooling:
Central air conditioning
Fireplace:
No
Heating:
Forced air, Geo Thermal
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Finished, Full
Lot Frontage:
37'11.3 m
Lot Features:
Paved Driveway
Total Parking Spaces:
2
Photo 1 of 50
Spacious interior featuring wood-finish flooring, white shiplap walls, and recessed ceiling lighting
Finished basement room with recessed lighting and a neutral color palette
Bathroom featuring a white vanity with integrated sink, chrome faucet, and rectangular mirror with task lighting
Carpeted room with recessed lighting and exposed ceiling beams
Lower-level kitchenette featuring white cabinetry, a stainless steel refrigerator, and a tile backsplash
Photo 11 of 50
Finished room featuring neutral carpet, white walls, recessed lighting, and white trim
Photo 13 of 50
Kitchen featuring white shaker-style cabinetry, a stainless steel double basin sink with a gooseneck faucet, light-toned countertops, and a gray subway tile backsplash
Kitchen featuring white shaker cabinetry, stainless steel appliances, light-toned countertops, a subway tile backsplash, and a double basin sink with a high-arch faucet
Contemporary kitchen featuring white cabinetry with black hardware, white countertops, a mosaic tile backsplash, and light wood-finish flooring
Room featuring light wood-finish flooring and neutral wall tones
Modern kitchen featuring white shaker cabinetry, stainless steel appliances, light wood-finish flooring, a contemporary tile backsplash, and recessed lighting
Room featuring light wood-finish flooring, a modern ceiling fan with integrated lighting, a recessed window, and neutral-toned walls with white trim
Hallway featuring light wood-finish flooring, recessed lighting, white baseboards, and multiple paneled doors
Photo 21 of 50
Spacious room featuring light wood-finish flooring, recessed lighting, and a modern fireplace with a tiled surround
Photo 23 of 50
Photo 24 of 50
Photo 25 of 50
Photo 26 of 50
Contemporary bathroom with a glass-enclosed shower, featuring a tiled surround and a rain showerhead
Photo 28 of 50
Kitchen with wood-finish flooring, white cabinetry, stainless steel appliances, and recessed lighting
Modern kitchen featuring white cabinetry, stainless steel appliances, wood-finish flooring, and recessed lighting
Contemporary kitchen featuring white cabinetry, light-toned countertops, a stainless steel range, and a coordinating range hood
Stainless steel refrigerator, white cabinetry, integrated sink, overhead recessed lighting, and wood-finish flooring
White shaker-style cabinetry with satin nickel hardware, stainless steel sink, tile backsplash, and recessed lighting
Photo 34 of 50
Recessed lighting, sloped ceiling, wood-finish flooring, built-in storage cabinet, and white trim
Photo 36 of 50
Recessed ceiling lighting, wood-finish flooring, white trim, and a paneled interior door
Wood-finish flooring throughout, recessed ceiling lighting, light gray wall finish, and white six-panel interior doors
Sloped ceilings with recessed lighting
Sloped ceilings with recessed lighting, wood-finish flooring, built-in wall cabinet with glass-front doors, toilet, and sink
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