1254 Fennell Avenue E, Hamilton, ON L8T 1T4
Hamilton
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 1254 Fennell Avenue E, Hamilton, ON L8T 1T4
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MLS# X13065096
Listed by RE/MAX ESCARPMENT REALTY INC.
On market since Apr 30, 2026
What comparable homes actually sold for in the last 12 months.
1254 Fennell Avenue E, Hamilton, ON L8T 1T4 is listed for $2,599,900 CAD.
1254 Fennell Avenue E, Hamilton, ON L8T 1T4 has 14 bedrooms and 9 bathrooms.
1254 Fennell Avenue E, Hamilton, ON L8T 1T4 is a Multiplex.
1254 Fennell Avenue E, Hamilton, ON L8T 1T4 is in Hamilton, Ontario.
1254 Fennell Avenue E, Hamilton, ON L8T 1T4 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 1254 Fennell Avenue E, Hamilton, ON L8T 1T4 (MLS# X13065096). You can also send a message through the contact form on this site.
