Detached House for sale at 50 Somerset Avenue, Hamilton, Ontario, L8L 2L5 - Stipley - MLS: X12328892

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50 Somerset Avenue

Hamilton, Ontario, L8L 2L5 - Stipley

$599,000

Neighbourhood

Stipley
Major Intersection

Cannon & Barnsdale

Listed Since: 71 day(s)
Last update: today

Overview

Property Type

Detached, 2 1/2 Storey
Bedrooms

3 + 1
Bathrooms

3
Basement

Apartment
Kitchen

3
Total Parking

2
Lot Size

24.41x60 (Feet)
Taxes

$3,271.38 (2025)
Type

Freehold

Property Description

Property description for 50 Somerset Avenue, Hamilton

Attention firsttime buyers and investors. This updated detached 2.5storey brick home is located in the heart of downtown Hamilton, close to all amenities, shops, dining, and transit. The property is currently configured as three selfcontained apartments, each with its own private entrance, kitchen, bathroom, and laundry. It will be delivered completely vacant, allowing you to set your own rents and select your tenants. Live in one unit and rent out the others to significantly offset your mortgage or generate cash flow. The basement unit offers a spacious onebedroom layout with comfortable living space. The main floor unit features soaring ceilings, abundant natural light, modern finishes, and a private back patio. The upper unit spans two and a half floors with a welcoming entry foyer, a secondfloor dining area and massive bedroom, and a thirdfloor loft living room or study. The seller and listing agent make no warranties or representations as to the current or future legal use of the property. The home can easily be converted back to single family. Home is being sold as-is.

Listed by RIGHT AT HOME REALTY

Property details

MLS #

X12328892
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private
Garage

None
Total Parking

2
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

N
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 #

X12328892
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private
Garage

None
Total Parking

2
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

N
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

Foyer

4.0 x 1.2 ft Main level
Kitchen

4.2 x 3.25 ft Main level
Living

3.75 x 3.2 ft Main level
Br

4.4 x 3.0 ft 2nd level
Kitchen

2.35 x 1.55 ft 2nd level
Dining

3.35 x 2.8 ft 2nd level
Living

4.65 x 3.3 ft 3rd level
Kitchen

2.5 x 1.75 ft Bsmt level
Living

6.6 x 3.2 ft Bsmt level
Br

5.2 x 1.6 ft Bsmt 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 3 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Neighbourhood Amenities & Points of Interest

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Local Real Estate Price Trends for Detached in Stipley

Active listings

Average Selling Price of a Detached

September 2025

$534,167

Last 3 Months

$556,397

Last 12 Months

$590,315

September 2024

$617,500

Last 3 Months LY

$551,250

Last 12 Months LY

$541,400

Change

-13%

Change

How many days Detached takes to sell (DOM)

September 2025

Last 3 Months

Last 12 Months

September 2024

Last 3 Months LY

Last 12 Months LY

Change

-65%

Change

-57%

Change

-31%

Average Selling price

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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.