1254 Fennell Avenue E, Hamilton, ON L8T 1T4
Hamilton, ON, L8T 1T4 · Huntington
About this property
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.
Features & Amenities
- Basement: Full, Finished
- Garage: None
- Cooling: None
- Heat Type: Baseboard
- Heat Source: Other
- Style: 2-Storey
- Construction: Brick, Other
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 14 |
| Bathrooms | 9 |
| Basement | Full, Finished |
| Garage | None |
| Parking Spaces | 9 |
| Heat Type | Baseboard |
| Heat Source | Other |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $21,695 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Separate Heating Controls
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick, Other
- Foundation Details
- Block
- Roof
- Flat
- Basement
- Full, Finished
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Baseboard
- Heat Source
- Other
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 9
- Parking Total
- 9.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 150.00
- Lot Width
- 50.00
Community & Neighborhood
- Property Features
- Park, Public Transit, School
Financial & Tax
- Tax Annual Amount
- $21,695
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 31
- Kitchens Above Grade
- 9
- Kitchens Total
- 9
- Bedrooms Above Grade
- 14
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Hamilton
- Cross Street
- UPPER OTTAWA ST TO EAST ON FENNEL AVE E
- Directions
- UPPER OTTAWA ST TO EAST ON FENNEL AVE E
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
1254 Fennell Avenue E, Hamilton, ON L8T 1T4, Hamilton, ON, L8T 1T4