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    For Sale - 1254 Fennell Avenue, Hamilton, Ontario

    Est payment $12,484/mo
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    Views   1
    Time on Jump  65 day

    AI Summary *

    • Clean and well-managed 9-unit apartment building in a sought-after area.
    • Attractive unit mix appealing to diverse tenant needs and lifestyles.
    • Conveniently located near transit and essential amenities for residents.
    • Stable income potential with a history of low vacancy and steady performance.
    • Recent upgrades including a new roof and strong maintenance history.




    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.
    Listing IDX13065096
    Address1254 Fennell Avenue
    CityHamilton, Ontario
    Price$2,599,900
    Bed / Bath14 / 9 Full
    Style2-Storey, Multiplex
    ConstructionBrick, Other
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Separate Heating ControlsAmenities Park, Public Transit, SchoolOwnership FreeholdBasement Full, FinishedFoundation BlockHeating / Cooling BaseboardHeating Fuel OtherSewer Sewer

    Parking 9.00
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    Listing Agency:  RE/MAX ESCARPMENT REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1254 Fennell Avenue
    Hamilton , Ontario
    14 9 $2,599,900
    Get more info