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:59646)
Property Details
| MLS® Number | 40733883 |
| Property Type | Multi-family |
| Neigbourhood | Huntington |
| Amenities Near By | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | Quiet Area, Community Centre, School Bus |
| Features | Conservation/green Belt, Paved Driveway, Shared Driveway, Laundry- Coin Operated |
| Parking Space Total | 12 |
Building
| Bathroom Total | 12 |
| Bedrooms Total | 12 |
| Basement Development | Finished |
| Basement Type | Partial (finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Unknown |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Stories Total | 3 |
| Size Interior | 5550 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 150 Ft |
| Size Frontage | 50 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | E |
https://www.realtor.ca/real-estate/28379397/1284-fennell-avenue-e-hamilton
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May 29 2025 12:27:46
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.
