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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

FEATURED PROPERTIES
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$2,599,900
Available - For Sale
Listing ID: X13065096
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.
Price $2,599,900
Taxes: $21,694.51
Occupancy by: Tenant
Address: 1254 Fennell Avenue East , Hamilton, L8T 1T4, Hamilton
Directions/Cross Streets: UPPER OTTAWA ST TO EAST ON FENNEL AVE E
Rooms: 31
Bedrooms: 14
Bedrooms +: 0
Washrooms: 9
Family Room: F
Basement: Full
Finished
No. of Pieces Level
Washroom 1 4 Ground
Washroom 2 4 Second
Washroom 3 4 Basement
Washroom 4 0
Washroom 5 0
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Other
Garage Type: None
Drive Parking Spaces: 9
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 5000 +
Property Features: Park
Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.

1254 Fennell Avenue East , Hamilton, L8T 1T4, Hamilton

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Huntington
Style: 2-Storey
Lot Size: x 150.00(Feet)
Approximate Age: 51-99
Tax: $21,694.51
Maintenance Fee: $0
Beds: 14
Baths: 9
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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