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120-122 N Parkdale Ave
Hamilton, ON L8H 5W9
Retail Property For Sale
Investment Highlights
- Located on a high-traffic street, it provides excellent visibility.
- Currently configured as two commercial units on the main floor and two residential apartments on the second floor, plus a double car garage.
- A vendor take-back mortgage is available for qualified purchasers with 50% down.
- Constructed with solid concrete block walls and a concrete core slab ceiling.
- The property includes multiple entrances, enhancing accessibility and flexibility.
Executive Summary
4900 square ft on 2 floors, C5 Zoning Community Shopping and Residential. Great high traffic location. Solid Concrete block walls and concrete core slab ceiling. Presently used as two commercial units on main floor plus two residential apartments on 2nd floor, plus double car garage. Parking for ten plus cars. Excellent high visibility location on busy street. Tenants pay all utilities. 4 electric meters, 4 gas meters, 4 water meters, 4 furnaces, 4 Air conditioners, 4 hot water tanks and asphalt shingle replaced 2020. Multiple entrances. Vendor take back mortgage available to qualified purchasers with 50% down. HOW CAN YOU MAKE MONEY WITH THIS BUILDING!!!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,900 SF
Building Class
B
Year Built
1990
Price
$1,285,000 CAD
Price Per SF
$262.24 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.80
Lot Size
0.14 AC
Zoning
C5 - Community Shopping and Residential
Parking
10 Spaces (2.04 Spaces per 1,000 SF Leased)
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