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:2493)
Visual exposure, Paved Driveway, Crushed stone driveway
Total Parking Spaces:
5
The property features a dark gray exterior with vertical siding and a visible front entrance
The property features a building with dark grey vertical siding and a brown roof
This space features light-toned flooring and white walls, with one wall showcasing a shiplap design and another with a stacked stone appearance
The interior space features light-toned flooring, white shiplap walls, and recessed lighting in the ceiling
The interior space features light-colored flooring, white shiplap walls, and recessed lighting
This interior space features textured white brick walls, light-colored flooring, and large windows that provide ample natural light
The property features a wooden deck with a wooden railing, a dark grey facade, and multiple white exterior doors
The property features an exterior deck with natural wood planks, double glass-paneled doors, and an additional white exterior door with a decorative window
Outdoor wood deck with railing
The property features a private exterior entrance with a wood deck and an overhead exterior light fixture
The property features a kitchen with white cabinetry, stainless steel appliances, and light-colored flooring
The kitchen features white cabinetry with black hardware, a stainless steel sink with a gooseneck faucet, and a gray subway tile backsplash
This bright room features light-colored flooring, recessed lighting, and a set of white double doors with integrated blinds
The kitchen features white cabinetry with dark hardware, stainless steel appliances, and a double basin sink with a modern faucet
The kitchen features white cabinetry, stone countertops, a subway tile backsplash, and recessed lighting
A bright and airy room with light-colored flooring, a window, and a ceiling fan with integrated lighting
This interior space features light-colored plank flooring and white trim, complemented by light gray walls
Living area featuring light-colored flooring, recessed lighting, and a modern fireplace with a tiled surround
This living space features light-toned flooring, a fireplace with a stone-style surround, and recessed lighting
The room features light-colored flooring, recessed lighting, and a modern fireplace with a grey surround
Photo 21 of 50
Living area featuring light-toned flooring, recessed lighting, and a pass-through window to the kitchen area
Spacious room featuring light wood flooring, recessed lighting, and two windows
Bathroom with a glass-enclosed shower featuring tiled walls, a vanity with a white countertop, and tiled flooring
This room features light-toned flooring, white baseboards, and recessed lighting fixtures
This area features white cabinetry with brushed nickel hardware, a neutral-toned countertop, and a stainless steel sink with a faucet
The space features neutral-toned carpet flooring and light-colored walls, providing a versatile foundation for personalization
This room features soft brown carpeting, light grey walls, and recessed lighting
Spacious room with recessed lighting and neutral-toned carpeting
The property features an exterior door with a paneled design, set within a grey vertical siding
The property features a hallway with recessed lighting and tiled flooring
Expansive room featuring light-colored carpet, white walls, and recessed lighting
This finished space features plush carpeting, recessed lighting, and a white paneled door
This bathroom features a white vanity with a single sink and a framed mirror, brushed nickel fixtures, and a shower with white tile walls and a mosaic tile floor
This interior space features recessed lighting and white panel doors, with a carpeted area leading into a section with tiled flooring
This room features neutral-toned carpet, light gray walls, and white trim
The property features a kitchen area with white cabinetry, a microwave, and a stainless steel sink with a faucet
The unfinished basement offers visible ceiling joists, exposed ductwork, and painted concrete floors
Basement with exposed wooden beams, white painted paneling, and gray flooring
The property includes an unfinished basement space, featuring exposed wooden ceiling beams and a painted concrete floor
Photo 41 of 50
Expansive wooden deck area with a wood railing and a privacy fence
The property features a private fenced area with a wooden deck and exterior door
The property features a wooden deck with railing and stairs, leading to an open outdoor area
The property features an outdoor wooden deck with railings, concrete steps, and a paved area
The property features an exterior with gray siding, a wooden fence, and a wooden deck
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