1254 Fennell AVE E, Hamilton, ON L8T 1T4
1254 Fennell AVE E, Hamilton, ON L8T 1T4
1254 Fennell AVE E, Hamilton, ON L8T 1T4
1254 Fennell AVE E, Hamilton, ON L8T 1T4
1254 Fennell AVE E, Hamilton, ON L8T 1T4
1254 Fennell AVE E, Hamilton, ON L8T 1T4
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Mike Taylor

Mike Taylor

+1(705) 985-1110
$ 2,599,900
Est. payment | /mo

14 Beds

9 Baths

Save
$ 2,599,900
Est. payment | /mo
Save

14 Beds

9 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Huntington

MLS Listing ID X13065096

Style 2-Storey

Bedrooms 14

Annual Tax Amount $21,694

Tax Year 2025

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Hamilton

Area Hamilton

Rooms

Family Room No

Basement Full, Finished

Kitchen 9

Interior

Interior Features Separate Heating Controls

Cooling None

Fireplace No

Heat Source Other

Exterior

Pool None

Roof Type Flat

Lot Frontage 50.0

Lot Depth 150.0

Total Parking Spaces 9

Building

Building Age 51-99

Unit Features Park,Public Transit,School

Foundation Block

Others

ParcelsYN No

Listed by RE/MAX ESCARPMENT REALTY INC.

Nearby Locations

Mike Taylor

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

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1254 Fennell AVE E