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Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$2,200,000
Available - For Sale
Listing ID: X9269880
225 Parkdale Ave North , Hamilton, L8H 5X4, Ontario


Discover an exceptional investment opportunity with this versatile mixed-use property, perfectly positioned in a bustling, high-traffic area. This meticulously maintained building features a range of impressive elements across its multiple levels. The main level is home to an exceptionally large restaurant space, long bar area equipped with coolers and bar stools, complete with a fully equipped kitchen ready for immediate use. The expansive open area of the restaurant offers ample room for a significant number of tables or can be easily adapted into a vibrant dance floor, making it ideal for high-traffic dining and entertainment. On the second level, you'll find a spacious pool hall and bar, providing an inviting venue for social gatherings and entertainment. The third level includes a practical office space suitable for a variety of business needs, as well as two residential units: a generous 3-bedroom, 1-bathroom unit perfect for families or groups, and a cozy 1-bedroom, 1-bathroom unit ideal for singles or couples. The 3rd Floor feature a large outside balcony that extends the full width of the building along the back, offering a private outdoor retreat. The basement adds further value with its impeccable condition, featuring a large 11 x 8 ft walk-in freezer, a 2-piece washroom, and ample storage space, all maintained to the highest standards. This area is well-suited for additional storage or operational support. With its prime location and well-designed layout, this property presents diverse income streams and versatile usage options. Whether you're seeking a thriving restaurant space, a dynamic entertainment venue, practical office space, or comfortable residential units, this property has it all.
Price $2,200,000
Taxes: $15749.74
Tax Type: Annual
Assessment: $565000
Assessment Year: 2024
Occupancy by: Own+Ten
Address: 225 Parkdale Ave North , Hamilton, L8H 5X4, Ontario
Postal Code: L8H 5X4
Province/State: Ontario
Legal Description: LTS 7, 8 & 9, PL 716 ; HAMILTON
Lot Size: 110.00 x 106.50 (Feet)
Directions/Cross Streets: Melvin Avenue
Category: Multi-Use
Use: Other
Building Percentage: Y
Total Area: 9600.00
Total Area Code:  Sq Ft
Office/Appartment Area: 2513
Office/Appartment Area Code: Sq Ft
Retail Area: 5755
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Financial Statement: N
Chattels: Y
Franchise: N
Sprinklers: Y
Washrooms: 9
Outside Storage: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Part
Elevator Lift: None
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS EDGE REALTY
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Milad Akrami
Sales Representative
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647-678-7799
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At a Glance:
Type: Com - Commercial/Retail
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Normanhurst
Style:
Lot Size: 110.00 x 106.50(Feet)
Approximate Age:
Tax: $15,749.74
Maintenance Fee: $0
Beds:
Baths: 9
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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