430 Parkdale Avenue

Description

Fantastic investment awaits in this Hintonburg neighbourhood (Wellington West BIA) mixed-use property, offering the ability for owner-occupier, investment or a combination of both. The property boasts a truly unique opportunity to diversify your portfolio with 2 separate buildings on the property (1 commercial and 1 residential). The commercial building in the rear consists of 2,372 sqft and is rented out to 2 separate tenants. The front residential building is a3,804 sqft triplex consisting of 1 large 5 Bed/3.5 Bath and 2basement apartments consisting of a studio and 1 bed. Shared Laundry facilities (2 washers/2 dryers) are located in the basement of the triplex. There are 8 parking spaces on the property allocated between residential and commercial tenants. Residential Triplex: 3,804 SF; Commercial Building: 2,372 SF; Lot Size: 8,589 SF; Lot Dimensions: 65'.92" x132'.11"; Cap Rate: 5.37% Stabilized NOI: $147,783; Zoning: CM1 [2250]; Separate Utility Meters: 1 Per Building; Parking Stalls: 8; Property Taxes (2026) $12,069.09; O-Train Station Proximity 10 Minute walk to Tunney's Pasture. Residential to be completely vacant upon possession.