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229 PARKDALE Avenue N, Hamilton, Ontario, L8H 5X4

MLS® # 40837478
Investment For Sale In Normanhurst, Hamilton, Ontario
$575,000
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Spacious interior featuring wood-finish flooring, white shiplap walls, and recessed ceiling lighting - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Brightly lit interior space featuring wood-finish flooring, white shiplap wall paneling, a drop ceiling with recessed lighting, and a built-in storage bench with a green surface - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Finished lower-level hallway featuring recessed lighting, a paneled interior door, and light-toned tile flooring - 229 Parkdale Avenue N, Hamilton, ON
Spacious interior room featuring light-colored walls, recessed ceiling lighting, and neutral-toned carpeting - 229 Parkdale Avenue N, Hamilton, ON
Finished basement room with recessed lighting and a neutral color palette - 229 Parkdale Avenue N, Hamilton, ON
Bathroom featuring a white vanity with integrated sink, chrome faucet, and rectangular mirror with task lighting - 229 Parkdale Avenue N, Hamilton, ON
Carpeted room with recessed lighting and exposed ceiling beams - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Lower-level kitchenette featuring white cabinetry, a stainless steel refrigerator, and a tile backsplash - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Finished room featuring neutral carpet, white walls, recessed lighting, and white trim - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Expansive gravel lot featuring a tall wood privacy fence and a white brick structure with a single arched window - 229 Parkdale Avenue N, Hamilton, ON
Outdoor wooden deck with railings, providing access to a gravel-surfaced yard - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Expansive outdoor deck featuring wood-finish flooring and wood railings - 229 Parkdale Avenue N, Hamilton, ON
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 - 229 Parkdale Avenue N, Hamilton, ON
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 - 229 Parkdale Avenue N, Hamilton, ON
Contemporary kitchen featuring white cabinetry with black hardware, white countertops, a mosaic tile backsplash, and light wood-finish flooring - 229 Parkdale Avenue N, Hamilton, ON
Room featuring light wood-finish flooring and neutral wall tones - 229 Parkdale Avenue N, Hamilton, ON
Modern kitchen featuring white shaker cabinetry, stainless steel appliances, light wood-finish flooring, a contemporary tile backsplash, and recessed lighting - 229 Parkdale Avenue N, Hamilton, ON
Room featuring light wood-finish flooring, a modern ceiling fan with integrated lighting, a recessed window, and neutral-toned walls with white trim - 229 Parkdale Avenue N, Hamilton, ON
Hallway featuring light wood-finish flooring, recessed lighting, white baseboards, and multiple paneled doors - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Spacious room featuring light wood-finish flooring, recessed lighting, and a modern fireplace with a tiled surround - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Contemporary bathroom with a glass-enclosed shower, featuring a tiled surround and a rain showerhead - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Expansive wood deck with natural wood railing and privacy fencing - 229 Parkdale Avenue N, Hamilton, ON
Exterior patio featuring wood decking, double glass panel doors, a single entry door with an arched transom, and gray vertical plank siding - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Floor plan - 229 Parkdale Avenue N, Hamilton, ON
Floor plan - 229 Parkdale Avenue N, Hamilton, ON
Floor plan - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Spacious interior featuring wood-finish flooring, white shiplap walls, and recessed ceiling lighting - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Brightly lit interior space featuring wood-finish flooring, white shiplap wall paneling, a drop ceiling with recessed lighting, and a built-in storage bench with a green surface - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Finished lower-level hallway featuring recessed lighting, a paneled interior door, and light-toned tile flooring - 229 Parkdale Avenue N, Hamilton, ON
Spacious interior room featuring light-colored walls, recessed ceiling lighting, and neutral-toned carpeting - 229 Parkdale Avenue N, Hamilton, ON
Finished basement room with recessed lighting and a neutral color palette - 229 Parkdale Avenue N, Hamilton, ON
Bathroom featuring a white vanity with integrated sink, chrome faucet, and rectangular mirror with task lighting - 229 Parkdale Avenue N, Hamilton, ON
Carpeted room with recessed lighting and exposed ceiling beams - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Lower-level kitchenette featuring white cabinetry, a stainless steel refrigerator, and a tile backsplash - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Finished room featuring neutral carpet, white walls, recessed lighting, and white trim - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Expansive gravel lot featuring a tall wood privacy fence and a white brick structure with a single arched window - 229 Parkdale Avenue N, Hamilton, ON
Outdoor wooden deck with railings, providing access to a gravel-surfaced yard - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Expansive outdoor deck featuring wood-finish flooring and wood railings - 229 Parkdale Avenue N, Hamilton, ON
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 - 229 Parkdale Avenue N, Hamilton, ON
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 - 229 Parkdale Avenue N, Hamilton, ON
Contemporary kitchen featuring white cabinetry with black hardware, white countertops, a mosaic tile backsplash, and light wood-finish flooring - 229 Parkdale Avenue N, Hamilton, ON
Room featuring light wood-finish flooring and neutral wall tones - 229 Parkdale Avenue N, Hamilton, ON
Modern kitchen featuring white shaker cabinetry, stainless steel appliances, light wood-finish flooring, a contemporary tile backsplash, and recessed lighting - 229 Parkdale Avenue N, Hamilton, ON
Room featuring light wood-finish flooring, a modern ceiling fan with integrated lighting, a recessed window, and neutral-toned walls with white trim - 229 Parkdale Avenue N, Hamilton, ON
Hallway featuring light wood-finish flooring, recessed lighting, white baseboards, and multiple paneled doors - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Spacious room featuring light wood-finish flooring, recessed lighting, and a modern fireplace with a tiled surround - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Contemporary bathroom with a glass-enclosed shower, featuring a tiled surround and a rain showerhead - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Expansive wood deck with natural wood railing and privacy fencing - 229 Parkdale Avenue N, Hamilton, ON
Exterior patio featuring wood decking, double glass panel doors, a single entry door with an arched transom, and gray vertical plank siding - 229 Parkdale Avenue N, Hamilton, ON
229 Parkdale Avenue N, Hamilton, ON
Floor plan - 229 Parkdale Avenue N, Hamilton, ON
Floor plan - 229 Parkdale Avenue N, Hamilton, ON
Floor plan - 229 Parkdale Avenue N, Hamilton, ON
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MULTIMEDIA

229 PARKDALE Avenue N, Hamilton, Ontario, L8H 5X4
$575,000

Property Information:

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. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Stucco
  • Floor Space: 2625 sqft
  • Heating Type: Forced air
  • Heating Fuel: Geo Thermal
  • Cooling Type: Central air conditioning
  • Appliances: Microwave

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Schools, Shopping
  • Features: Paved driveway
  • Floor Space (approx): 2625 Square Feet
  • Lot Depth: 107 Feet
  • Lot Frontage: 37 Feet
  • Zoning: C5
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 2

Courtesy of: RE/MAX Escarpment Realty Inc.

REALTOR.ca  

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Market Price Trends

Single family detached

-1.49%

Price change (1 year)

24.13%

Price change (5 years)

All Properties

-1.49%

Price change (1 year)

24.14%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 229 PARKDALE Avenue N, Hamilton, Ontario, L8H 5X4

Demographic Information of 229 PARKDALE Avenue N, Hamilton, Ontario, L8H 5X4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$76,878.91

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

30.11 %

High school certificate or equivalent

37.23 %

Apprenticeship trade certificate/diploma

6.13 %

College/non-university certificate

18.29 %

University certificate (below bachelor)

0.54 %

University Degree

7.69 %

Commuter

Travel To Work

By Car

75.34 %

By Public Transit

18.09 %

By Walking

3.32 %

By Bicycle

0.0 %

By Other Methods

3.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.32 %

Houses

40.68 %

Own Vs. Rent

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