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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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1254 Fennell Avenue E, Hamilton, ON L8T 1T4

Multiplex For Sale | X13065096Sale

Listing ID: X13065096
$2,599,900
14 Bedrooms
9 Bathrooms
Listing ID #X13065096
Property Description

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.

Basic Details
Listing ID : X13065096
Listing Type : Sale
Price : $2,599,900
Bathrooms : 9
Status : Active
Property Sub Type : Multiplex
Roof : Flat
Map
Address Map
1254
Fennell
US
ON
Hamilton
Hamilton
L8T 1T4
Avenue
South
UPPER OTTAWA ST TO EAST ON FENNEL AVE E
E
E
Property Area
Huntington
Features
: None
: None
: Finished, Full
: 2-Storey
: Separate Heating Controls
: Sewer
Rooms
14
Additional Information
: Brick, Other
: Block
Financial
21694.51
Listing Information
New
2026-05-04T20:41:08Z
TRREB

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