$535,000
50 Somerset Avenue, Hamilton, ON L8L 2L5
Stipley
Listing courtesy of YOUR HOME SOLD GUARANTEED REALTY ELITE
Stipley · L8L 6R8
$659,000
$599 / sq ft2 months on market
Welcome to this beautifully renovated, turnkey detached home offering modern living with the added benefit of rental income. The bright and spacious main residence features 3 generous bedrooms, large windows, brand-new flooring, stainless steel appliances, and a stylish breakfast bar, ideal for comfortable family living and entertaining. The complete finished 2-bedroom basement apartment features a separate kitchen and brand-new appliances. Currently rented for $1,200/month, the basement provides valuable additional income to help offset the homeowner's monthly expenses while enjoying the main residence upstairs.Enjoy the beautiful backyard, perfect for relaxing or entertaining, along with one convenient front parking space. Combining timeless character with contemporary finishes, this home is in a highly walkable neighbourhood with a 92 Walk Score, just steps from parks, public transit, Tim Hortons Field, shopping, and everyday amenities. A fantastic opportunity for a homeowner looking to enjoy a fully renovated 3-bedroom home while benefiting from additional basement rental income. Move in, enjoy the space, and let the rental income help with the monthly costs.
10 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 3.85 × 3.30 m12.6 × 10.8 ft | Large Window |
| Dining Room | Main | 4.40 × 3.00 m14.4 × 9.8 ft | Large Window · W/O To Patio |
| Kitchen | Main | 3.30 × 2.95 m10.8 × 9.7 ft | Tile Floor · Stainless Steel Appl · Breakfast Bar |
| Primary Bedroom | Second | 3.45 × 3.35 m11.3 × 11.0 ft | Window · Walk-In Closet(s) |
| Bedroom 2 | Second | 3.20 × 3.20 m10.5 × 10.5 ft | Window · Walk-In Closet(s) |
| Bedroom 3 | Second | 3.25 × 3.00 m10.7 × 9.8 ft | Window · Walk-In Closet(s) |
| Kitchen | Basement | 2.65 × 2.00 m8.7 × 6.6 ft | Stainless Steel Appl |
| Living Room | Basement | 4.20 × 2.65 m13.8 × 8.7 ft | — |
| Bedroom 4 | Basement | 3.20 × 2.60 m10.5 × 8.5 ft | Window |
| Bedroom 5 | Basement | 2.60 × 2.20 m8.5 × 7.2 ft | Window |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 82% of comparable detached listings in Stipley are asking less.
Based on 17 comparable active detached listings in Stipley. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $659,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of GFA REALTY LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
What similar homes in this area actually sold for.
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Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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$535,000
Stipley
Listing courtesy of YOUR HOME SOLD GUARANTEED REALTY ELITE
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Listing courtesy of COLDWELL BANKER COMMUNITY PROFESSIONALS
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Listing courtesy of ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES