229 PARKDALE AVENUE NORTH

Hamilton (Normanhurst), , L8H5X4, Canada

$599,900

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.

Last updated on : Tuesday 5th of May 2026 11:50:27 AM

ADDRESS

Street : 229 PARKDALE AVENUE NORTH

City : Hamilton (Normanhurst)

Country : Canada

Postal Code : L8H5X4

Open in Google Map

PROPERTY SUMMARY

Property ID : X12995370

Building Type : Other

Property Type : Retail

Similar Properties

Retail

14685 WOODBINE AVENUE

Whitchurch-Stouffville, Ontario, L4A2G7

$4,900,000

Baths: 6

property Type: Other

type: Sale

ELI RASTIKHAH
5 days ago

DETAILS

Retail

5775 HIGHWAY 7 EAST EAST

Markham (Bullock), Ontario, L3P1A5

$2,498,000

property Type: Other

type: Sale

LATIF MERALI
2 weeks ago

DETAILS

Retail

95 ONTARIO STREET

Stratford, Ontario, N5A3H1

$1,300,000

Baths: 4

property Type: Other

type: Sale

SCOTT ROCHER
1 hour ago

DETAILS

Retail

577 KING STREET

Welland (Lincoln/Crowland), Ontario, L3B3L3

$499,999

Beds: 4Baths: 1

property Type: Other

type: Sale

JUSTIN PUNNOOSE
1 week ago

DETAILS

Retail

135 WALTON STREET

Port Hope, Ontario, L1A1N4

$899,000

property Type: Other

type: Sale

TONY PULLA
2 hours ago

DETAILS

Inquire about this property