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More details for 1254 Fennell Ave E, Hamilton, ON - Multifamily for Sale

Driftwood - 1254 Fennell Ave E

Hamilton, ON L8T 1T4

Multifamily for Sale
$2,599,900 CAD
7,503 SF

Air Conditioning
24 Hour Access
Kitchen
Smoke Detector

Hamilton Multifamily for Sale - Southern GGH

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.

Contact:

Re/Max Escarpment Realty

Property Subtype:

Apartment

Date on Market:

2026-05-12

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311 E 28th St

Hamilton, ON L8V 1V1

Multifamily for Sale
$1,699,000 CAD
4,790 SF

Controlled Access

Hamilton Multifamily for Sale - Southern GGH

Rare 6 Plex investment opportunity, great East Mountain Location comprising of 4 two-bedroom units and 2 Bachelor units. It offers Terrazzo floors in the hallways and stairs. Units are separately metered for hydro. Locker room with 6 spaces. All units with hardwood floors, some with ceramic in entrance kitchen and Baths, some with updated kitchen cabinets. Fire alarm and fire extinguisher in each floor hallways. Ideal for the starting Investor!!! 4790 square feet in total.