1254 FENNELL Avenue
Hamilton, Ontario
14 bed • 9 bath • Multi-family
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.
Price History
Property
- Lot Size
- 0.17 acres
Schools
Elementary
- École élémentaire Pavillon de la jeunesse0.4 km
French public · CS Viamonde · 295 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 50% met the provincial standard
- Huntington Park Junior Public School0.5 km
Public · Hamilton-Wentworth DSB · 485 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 45% met the provincial standard
- St. Margaret Mary Catholic Elementary School0.5 km
Catholic · Hamilton-Wentworth CDSB · 410 students
Grade 3 reading: 86% met the provincial standard · Grade 6 math: 42% met the provincial standard
Secondary
- Sherwood Secondary School0.5 km
Public · Hamilton-Wentworth DSB · 1255 students
Grade 10 literacy: 79% met the provincial standard
- ÉSAC Mère-Teresa1.2 km
French Catholic · CS catholique MonAvenir · 300 students
Grade 10 literacy: 90% met the provincial standard
- Hill Park System Alternative Education1.6 km
Public · Hamilton-Wentworth DSB
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L8T
- Population
- 19,405
- Private dwellings
- 7,948
- Median age
- 43.6
- Average household size
- 2.5
- Median household income
- $85,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Hamilton · last 12 months
- Median sold price
- $683,000
- Homes sold
- 5,007
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 5,007 recorded sales of multi-family properties in Hamilton over the last 12 months.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Mortgage Calculator
$519,980
Estimated Monthly Payment
$12,773
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $12,773/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $650/mo
Estimates only. Consult a financial advisor.
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