1254 FENNELL AVENUE EAST

Hamilton, , L8T1T4, Canada

$2,599,900

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 $126,077.08 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.

Last updated on : Friday 1st of May 2026 04:10:48 PM

ADDRESS

Street : 1254 FENNELL AVENUE EAST

City : Hamilton

Country : Canada

Postal Code : L8T1T4

Open in Google Map

PROPERTY SUMMARY

Property ID : 40823176

Building Type : Other

Property Type : Multi-family

Bedrooms : 14

Bathrooms : 9

Parking : 9

Parking Type: Open

Similar Properties

Multi-family

1254 FENNELL AVENUE EAST EAST

Hamilton (Huntington), Ontario, L8T1T4

$2,599,900

Beds: 14Baths: 9

property Type: Other

type: Sale

ALEXANDRA BORONDY
1 day ago

DETAILS

Multi-family

2963 DUNDAS STREET WEST WEST

Toronto (Junction Area), Ontario, M6P1Z2

$3,175,000

Beds: 14Baths: 6

property Type: Other

type: Sale

DON MULHOLLAND
3 weeks ago

DETAILS

Multi-family

231 GREENWOOD AVENUE

London South (South D), Ontario, N6J3G5

$1,799,000

Beds: 14Baths: 6

property Type: Other

type: Sale

TREVOR TYSON
3 weeks ago

DETAILS

Multi-family

15 VICTORIA LANE

Bluewater (Zurich), Ontario, N0M2T0

$1,899,900

Beds: 14Baths: 8

property Type: Other

type: Sale

MIKE SLOAN
1 month ago

DETAILS

Multi-family

424 EAST 42ND STREET

Hamilton, Ontario, L8T3A9

$2,249,900

Beds: 14Baths: 6

property Type: Other

type: Sale

Drew Woolcott
1 month ago

DETAILS

Inquire about this property