For Sale: 1254 Fennell Avenue E, Hamilton, ON - REW
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$2,599,900
14 bd • 9 ba • 7503 sf • Multifamily
1254 Fennell Avenue E
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$2,599,900
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1254 Fennell Avenue EHamilton, ON, L8T 1T4

Sherwood
  • 14 Bed
  • 9 Bath
  • 7503 Sqft
  • Multifamily

About this home

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.
Listed by: Alexandra Borondy, RE/MAX Escarpment Realty Inc.

Home facts and features

Price details
List Price
$2,599,900
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Gross Taxes for 2026
$21,695
Home facts
Bedrooms
14
Full Bathrooms
9
Parking Spaces
9
Parking Details
Asphalt
Property Type
Multifamily
Lot Size
50 ft x 150 ft (7500 ft²)
Depth
150.0
Frontage
50.0
Year Built
Built in 1960 (66 yrs old)
Heating Type
Baseboard
Basement Details
Full,Finished
Features
Coin Operated, Private Entrance, Separate Hydro Meters, Shared, Smoke Detector
Appliances
2 Washers And 2 Dryers. All Electric Light Fixtures, 9 Fridges, 9 Stoves
Community
Agent details
Primary Agent
Primary Broker
RE/MAX Escarpment Realty Inc.
Listing details
Days on REW
38 Days
MLS® Number
40823176
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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25 Years
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Property Insights

É Élém Pavillon de la jeunesse
  • Public
  • JK - 6
Sherwood School
  • Public
  • 9 - 12
St. Margaret Mary Catholic Elementary School
  • Catholic
  • JK - 8
Huntington Park Junior Public School
  • Public
  • JK - 8
Highview Public School
  • Public
  • JK - 8
Rosedale Elementary School
  • Public
  • JK - 5
Mère-Teresa
  • Catholic
  • 7 - 12
St. Anthony Daniel Catholic Elementary School
  • Catholic
  • JK - 8
Lisgar Junior Public School
  • Public
  • JK - 8
A M Cunningham Junior Public School
  • Public
  • JK - 5
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Alexandra Borondy
Phone:
(905) 545-1188
Office:
905-545-1188
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