1254 Fennell Avenue E, Hamilton, ON L8T 1T4, Hamilton, ON
Bed 14
Bath 9
Positioned in one of Hamilton Mountain's most sought-after pockets, this clean and well-managed 9-unit apartment building offers a turnkey investment opportunity with stable income and long-term upside. Ideally located just steps to the brow, transit, and everyday amenities, the property consistently attracts quality, reliable tenants drawn to both convenience and lifestyle. The building features a strong and desirable unit mix including six 2-bedroom units, two 1-bedroom units, and one bachelor suite-appealing to a broad tenant demographic. Nine surface parking spaces provide added convenience and value for residents. With separate hydro meters, operational efficiency is enhanced while keeping expenses predictable. Pride of ownership is evident throughout, with a solid maintenance history including a boiler replacement (2011) and a brand new roof (2025). Terrazzo flooring in the stairwells adds a durable, classic touch to the common areas. The property benefits from low vacancy and steady performance, generating a net income of $124,077.08 and a 4.85% cap rate. This is an excellent opportunity for investors seeking a well-located, income-producing asset in a high-demand rental market. Limited in-person viewings (1-2 units) prior to accepted offer, subject to availability.
Property Highlights
For Sale
MLS NO.
X13065096
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
14
Bathrooms
9
Parking
9.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13065096
Living Area Range
5000 +
Total Bedrooms
14
Bedrooms Above Grade
14
Total Bathrooms
9
Total Kitchens
9
Kitchens Above Grade
9
Rooms Above Grade
31
Interior Features
Separate Heating Controls
Fireplace
No
Central Vacuum Yn
No
Construction
Brick, Other
Roof
Flat
Lot Width
50.0
Parking Total
9.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
South
Cooling
None
Heat Source
Other
Heat Type
Baseboard
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
1254 Fennell Avenue E, Hamilton, ON L8T 1T4
City
Hamilton
Neighbourhood
Huntington
County / Region
Hamilton
Province / State
ON
Postal Code
L8T 1T4
Cross Street
UPPER OTTAWA ST TO EAST ON FENNEL AVE E
Directions
UPPER OTTAWA ST TO EAST ON FENNEL AVE E
Country
CA
List Price
$2,599,900
Annual Taxes
$21,695
Tax Year
2025
Legal Description
LT 593, PL 908 ; S/T NS246246 HAMILTON
Possession Type
Flexible
Possession Details
Flexible
Listing Office
RE/MAX ESCARPMENT REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2026-04-30T19:50:07Z
Media Updated
2026-05-01T19:42:36Z
Photos Updated
2026-05-01T19:42:36Z
Last Modified
2026-05-04T20:41:08Z
System Modified
2026-05-04T20:41:08.878658Z
MLS Status
New
Architectural Style
2-Storey
Basement
Full, Finished
Ddfyn
Yes
Expiration Date
2026-08-31
Foundation Details
Block
Heat Source Multi
Other
Heat Type Multi
Baseboard
Hstapplication
Not Subject to HST
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
169970187
Parking Spaces
9
Property Features
Park, Public Transit, School
Public Remarks
Positioned in one of Hamilton Mountain's most sought-after pockets, this clean and well-managed 9-unit apartment building offers a turnkey investment opportunity with stable income and long-term upside. Ideally located just steps to the brow, transit, and everyday amenities, the property consistently attracts quality, reliable tenants drawn to both convenience and lifestyle. The building features a strong and desirable unit mix including six 2-bedroom units, two 1-bedroom units, and one bachelor suite-appealing to a broad tenant demographic. Nine surface parking spaces provide added convenience and value for residents. With separate hydro meters, operational efficiency is enhanced while keeping expenses predictable. Pride of ownership is evident throughout, with a solid maintenance history including a boiler replacement (2011) and a brand new roof (2025). Terrazzo flooring in the stairwells adds a durable, classic touch to the common areas. The property benefits from low vacancy and steady performance, generating a net income of $124,077.08 and a 4.85% cap rate. This is an excellent opportunity for investors seeking a well-located, income-producing asset in a high-demand rental market. Limited in-person viewings (1-2 units) prior to accepted offer, subject to availability.
