Detached House for sale at 50 Somerset Avenue, Hamilton, Ontario, L8L 2L5 - Stipley - MLS: X13853452

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50 Somerset Avenue

Hamilton, Ontario, L8L 2L5 - Stipley

$549,900

Neighbourhood

Stipley
Major Intersection

Cannon & Barnside

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Detached, 2 1/2 Storey
Bedrooms

3 + 1
Bathrooms

3
Basement

Finished + Full
Kitchen

2 + 1
Total Parking

2
Lot Size

24.4x60 (Feet)
Taxes

$3,379.19 (2026)
Type

Freehold

Property Description

Property description for 50 Somerset Avenue, Hamilton

FULLY VACANT LEGAL DUPLEX WITH THREE UNITS AND STRONG INCOME POTENTIAL. Fully vacant and ready for fresh market rents, this legal duplex features three fully contained units, giving investors the opportunity to select their own tenants and establish rents from day one. With three potential income streams under one roof, the property offers an appealing opportunity for investors looking to build or expand their portfolio. Many of the major capital expenses have already been completed, helping reduce the immediate costs that can come with acquiring an investment property. Full vacancy provides added flexibility, allowing the next owner to establish their own tenant mix and rental structure from the start. Location adds to the rental appeal. Public transit is just minutes away on foot, with grocery stores, restaurants, shopping and everyday amenities all close by, providing the convenience tenants look for. Three fully contained units, full vacancy, fresh market rent potential, significant recent capital improvements and a convenient Hamilton location come together in an investment property positioned for income from the start.

Listed by YOUR HOME SOLD GUARANTEED REALTY ELITE

Property details

MLS #

X13853452
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

None
Drive

Pvt Double
Garage

None
Total Parking

2
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X13853452
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

None
Drive

Pvt Double
Garage

None
Total Parking

2
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Kitchen

4.55 x 3.05 ft Main level
Br

3.05 x 2.97 ft Main level

Combined W/Sitting
Bathroom

3.38 x 1.04 ft Main level
Laundry

0.76 x 0.74 ft Main level
Kitchen

2.87 x 2.08 ft 2nd level
Living

3.33 x 2.72 ft 2nd level
Br

4.24 x 2.97 ft 2nd level
Bathroom

3.2 x 2.57 ft 2nd level
Br

5.66 x 4.14 ft 3rd level
Kitchen

2.18 x 1.83 ft Lower level
Living

7.11 x 3.3 ft Lower level
Br

5.31 x 1.8 ft Lower level
Bathroom

1.17 x 1.58 ft Lower level
Utility

3.61 x 2.08 ft Lower level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 50 Somerset Avenue, Hamilton

This property has been sold 4 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Detached in Stipley

Active listings

Average Selling Price of a Detached

September 2026

$446,313

Last 3 Months

$465,204

Last 12 Months

$507,650

September 2025

$534,167

Last 3 Months LY

$556,397

Last 12 Months LY

$590,315

Change

-16%

Change

-16%

Change

-14%

How many days Detached takes to sell (DOM)

September 2026

Last 3 Months

Last 12 Months

September 2025

Last 3 Months LY

Last 12 Months LY

Change

83%

Change

19%

Change

25%

Average Selling price

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.