1254 FENNELL AVENUE E, Hamilton, Ontario, L8T 1T4

MLS® # X13065096

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Investment For Sale In Huntington, Hamilton, Ontario

$2,599,900

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Virtually Rendered - 1254 Fennell Avenue E, Hamilton, ON - Outdoor

1254 Fennell Avenue E, Hamilton, ON - Outdoor

1254 Fennell Avenue E, Hamilton, ON - Outdoor With Exterior

1254 Fennell Avenue E, Hamilton, ON - Indoor Photo Showing Other Room

Virtually Staged - 1254 Fennell Avenue E, Hamilton, ON - Indoor Photo Showing Living Room

1254 Fennell Avenue E, Hamilton, ON - Indoor Photo Showing Kitchen

1254 Fennell Avenue E, Hamilton, ON - Indoor

1254 Fennell Avenue E, Hamilton, ON - Indoor Photo Showing Bathroom

Virtually Staged - 1254 Fennell Avenue E, Hamilton, ON - Indoor Photo Showing Bedroom

1254 Fennell Avenue E, Hamilton, ON - Photo Showing Other Room

1254 Fennell Avenue E, Hamilton, ON - Indoor Photo Showing Living Room

1254 Fennell Avenue E, Hamilton, ON - Indoor Photo Showing Bedroom

1254 Fennell Avenue E, Hamilton, ON - Indoor Photo Showing Laundry Room

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1254 FENNELL AVENUE E, Hamilton, Ontario, L8T 1T4

$2,599,900

Property Information:

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. (id:27)