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1254 FENNELL Avenue E, Hamilton
2026-05-03
Quick Summary
- Location
- 1254 FENNELL Avenue E, Hamilton, Ontario L8T1T4
- Price
- $2,599,900
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 7503 sqft
- Bedrooms:
- 14
- Bathrooms:
- 9
- Garages:
- 9
- Year of Construction:
- 1960
MLS®#40823176
Property Description
Positioned in one of Hamilton Mountainâs 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 suiteâappealing 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. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Public Transit, Shopping
Building
- Basement Development: Finished
- Basement Type: Full (Finished)
- Cooling Type: None
- Exterior Finish: Brick, Other, Stone
- Fireplace: No
- Interior Size: 7503 sqft
- Stories: 3
- Utility Water: Municipal water
Features
- Feature: Paved driveway, Laundry- Coin operated
Land
- Land Size: under 1/2 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Zoning
- Description: E
Information entered by RE/MAX Escarpment Realty Inc.
Listing information last updated on: 2026-06-02 16:38:45
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Danny Rawson Salesperson & Hamilton REALTOR
- Phone:
- (905) 536-7202
- Mobile:
- (905) 536-7202
- Email:
- danny@onepercentrealty.com
- Support Area:
- Hamilton Mountain, Hamilton West, Hamilton East, Hamilton Center, Ancaster, Dundas, Stoney Creek, Burlington, Grimsby, Binbrook, Waterdown, Mount Hope, Glanbrook, Brantford
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- 289 339- LIST ( 5478 ) or 905 531-6010
- Mobile:
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- Email:
- charliedinardo@onepercentrealty.com
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