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For saleNew listingMLS® X14149552

50 Somerset Avenue, Hamilton, ON L8L 2L5

Stipley · L8L 2L5

$535,000

$486 / sq ft

Listed today

Bedrooms
3+1
Bathrooms
3
Interior
1,100 sf
Parking
2
Lot
24.4 × 60 ft
Age
100+ years

What's special

  • 2 parking spaces
  • Central air
  • Separate entrance
  • Water heater owned

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About this property

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.

Rooms

14 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenMain4.54 × 3.04 m14.9 × 10.0 ft—
BedroomMain3.04 × 2.97 m10.0 × 9.7 ftCombined w/Sitting
BathroomMain3.37 × 1.04 m11.1 × 3.4 ft—
LaundryMain0.76 × 0.73 m2.5 × 2.4 ft—
KitchenSecond2.87 × 2.08 m9.4 × 6.8 ft—
Living RoomSecond3.32 × 2.71 m10.9 × 8.9 ft—
BedroomSecond4.24 × 2.97 m13.9 × 9.7 ft—
BathroomSecond3.20 × 2.56 m10.5 × 8.4 ft—
BedroomThird5.66 × 4.14 m18.6 × 13.6 ft—
KitchenLower2.18 × 1.82 m7.2 × 6.0 ft—
Living RoomLower7.11 × 3.30 m23.3 × 10.8 ft—
BedroomLower5.30 × 1.80 m17.4 × 5.9 ft—
BathroomLower1.58 × 1.17 m5.2 × 3.8 ft—
Utility RoomLower3.60 × 2.08 m11.8 × 6.8 ft—

Features

  • Water Heater Owned

Property details

Property

Property type
detached
Bedrooms
3 + 1
Bathrooms
3
Interior size
1,100 sq ft
Year built
100+
Lot size
24.4 × 60 ft
Zoning
C
Possession
Flexible

Interior

Basement
Finished, Full, Separate Entrance
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
South

Exterior & services

Construction
Brick
Parking spaces
2
Sewer
Sewer

Costs

List price
$535,000
Property taxes
$3,379 / year (2026)
Price per sq ft
$486

Listing

MLS® number
X14149552
Status
For sale
Listed
November 4, 2026
Last updated
November 4, 2026
Listing brokerage
YOUR HOME SOLD GUARANTEED REALTY ELITE

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 65% of comparable detached listings in Stipley are asking less.

$412KMedian $499K$752K
This home
$486 / sq ft
Comparable median
$393 / sq ft

Based on 17 comparable active detached listings in Stipley. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.3% · minimum $28,500
$28,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,800.53
Property tax (est.)
$281.60
Estimated monthly
$3,082

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$7,175
Total due on closing
$7,175

An estimate on the asking price of $535,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of YOUR HOME SOLD GUARANTEED REALTY ELITE. 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.

$535,000

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