229 Parkdale Avenue
Hamilton, ON
1,513 sqft • Commercial Retail • 136 days on market
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.
Listing Details
- Taxes (2025)
- $4,100
- Originally Listed
- $629,900
- Listed
- April 13, 2026
Price History
Property
- Lot Size
- 36.67 x 106.5 Feet
Location & Legal
- Cross Street
- Parkdale and Barton
- Zoning
- C5
- Parcel Number
- 172560183
- Possession
- Flexible
Commercial
- Occupancy
- Owner+Tenant
Community
Postal area L8H
- Population
- 26,187
- Private dwellings
- 11,792
- Median age
- 40
- Average household size
- 2.3
- Median household income
- $70,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Hamilton · last 12 months
- Median sold price
- $681,000
- Homes sold
- 4,998
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,998 recorded sales of commercial properties in Hamilton over the last 12 months.
Listed by
RE/MAX ESCARPMENT REALTY INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Commercial figures
- Building area
- 1,513 sq ft
- Price per sq ft
- $396.50
- Annual property tax
- $4,100
- Tax per sq ft
- $2.71
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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