For Sale - 1254 Fennell Avenue, Hamilton, Ontario

Est payment $12,484/mo
Views   1
Time on Jump  2 day
  • Well-managed 9-unit apartment building with stable, reliable income.
  • Desirable location near transit and amenities for tenant convenience.
  • Variety of unit types attracting a broad demographic of tenants.
  • New roof (2025) and solid maintenance history show pride of ownership.
  • Steady performance with low vacancy and strong net income.



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. Proforma available upon request. 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.

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