1254 Fennell Avenue E Hamilton, Ontario L8T 1T4
$2,599,900
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 $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. Limited in-person viewings (1–2 units) prior to accepted offer, subject to availability. (id:43681)
房源概要
| MLS® Number | 40823176 |
| 房源类型 | Multi-family |
| 附近的便利设施 | 公园, 公共交通, 购物 |
| 特征 | 铺设车道, Laundry- Coin Operated |
| 总车位 | 9 |
详 情
| 浴室 | 9 |
| 总卧房 | 14 |
| 地下室进展 | 已装修 |
| 地下室类型 | 全完工 |
| 施工日期 | 1960 |
| 空调 | 没有 |
| 外墙 | 砖, Other, 石 |
| 供暖类型 | Baseboard Heaters |
| 储存空间 | 3 |
| 内部尺寸 | 7503 Sqft |
| 设备间 | 市政供水 |
车 位
| Open |
土地
| 英亩数 | 无 |
| 土地便利设施 | 公园, 公共交通, 购物 |
| 污水道 | 城市污水处理系统 |
| 土地深度 | 150 Ft |
| 土地宽度 | 50 Ft |
| 不规则大小 | 0.17 |
| Size Total | 0.17 Ac|under 1/2 Acre |
| 规划描述 | E |
https://www.realtor.ca/real-estate/29680635/1254-fennell-avenue-e-hamilton
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.
April 30 2026 08:10:41
