1284 Fennell Avenue E Hamilton, Ontario L8T 1T5
$2,199,999
Welcome to an exceptional opportunity to acquire a well-maintained 12-unit multi-residential building in one of Hamilton Mountain’s most desirable neighborhoods. This rare investment gem features 11 spacious one-bedroom units and 1 bachelor unit, ideal for the strong rental demand in a highly sought-after area. Proudly owned and meticulously cared for by the same family for over 60 years, this property reflects pride of ownership and long-term stability. Investors will appreciate the building’s consistent cash flow, low vacancy rate, and strong rentability, supported by the area’s proximity to transit, shopping, schools, healthcare facilities, and major commuter routes. Highlights: 12 total units (11 x 1-bedroom, 1 x bachelor). Well-maintained structure and systems with decades of attentive ownership. Excellent location on the Hamilton Mountain – known for its safety, amenities, and strong tenant demand. Upside potential in rental income with gradual tenant turnover. Ample parking and on-site laundry for added tenant appeal. Fully tenanted with room to grow revenue over time. Whether you're a seasoned investor or looking to expand your portfolio with a reliable and appreciating asset, this building offers long-term value, stable income, and future growth potential. Properties like this don’t come to market often – seize this chance to invest in one of Hamilton's strongest residential rental corridors. (id:52486)
Property Details
| MLS® Number | 40733883 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| CommunityFeatures | Quiet Area, Community Centre, School Bus |
| Features | Conservation/green Belt, Paved Driveway, Shared Driveway, Laundry- Coin Operated |
| ParkingSpaceTotal | 12 |
Building
| BathroomTotal | 12 |
| BedroomsTotal | 12 |
| BasementDevelopment | Finished |
| BasementType | Partial (finished) |
| CoolingType | None |
| ExteriorFinish | Brick |
| FireProtection | Unknown |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| StoriesTotal | 3 |
| SizeInterior | 5550 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access, Highway Access |
| Acreage | No |
| LandAmenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 150 Ft |
| SizeFrontage | 50 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | E |
https://www.realtor.ca/real-estate/28379397/1284-fennell-avenue-e-hamilton
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Meaghan Pagliuso
Salesperson
4121 Fairview Street
Burlington, Ontario L7L 2A4
Stephanie Ammendolia
Salesperson
860 Queenston Road Unit 4b
Stoney Creek, Ontario L8G 4A8
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 29 2025 12:27:46
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.