$2,599,900Asking Price
1254 Fennell Avenue E, Hamilton, ON L8T 1T4
Huntington, Hamilton
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.
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.
See MoreKey Info
- 2-Storey Multiplex
- 4+ Parking
- No Garage
- UPPER OTTAWA ST TO EAST ON FENNEL AVE E
- 5000 + Approximate Sq Feet
- 51-99 Years Approximate Age
- No Ensuite Laundry
- Baseboard
- No A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $21,694 in 2025
- Possession: Flexible
Details
- Brick Exterior
- No Fireplace
- 9 Kitchens
- MLS #X13065096
- RE/MAX ESCARPMENT REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 3 4-Piece Bathrooms on Ground Floor | |||
| 3 4-Piece Bathrooms | |||
| 3 4-Piece Bathrooms | |||
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Who lives here?
Huntington, Hamilton is a west GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34, 25 to 34 and 25 to 34.
Families
Kids Per Family
1.0
kids per family
in the neighbourhood.
Singles
49%
of residents are
single and loving it.
49% singles
Hamilton (46%)Renters
37%
of residents
are renters.
37% renters
Hamilton (32%)Education
16%
of residents are
university grads.
16% university grads
Hamilton (28%)Income
Average Household Income
$87K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 16% |
| Trades | 14% |
| Business | 8% |
| Government | 7% |
| Health | 5% |
Immigrants
17%
of residents were
born outside of Canada.
17% immigrants
Hamilton (25%)Birthplace - All
2.1% from UK
All-time
Birthplace - Recent
0.3% from Iraq
Recent
Foreign Languages
Foreign Languages
| Italian | 2% |
| Spanish | 2% |
| Arabic | 1% |
| French | 1% |
| Polish | 1% |
Religions
Religions
| Christian | 71% |
| Muslim | 1% |
