For Sale New MLS® X13853452

50 Somerset Avenue

Stipley · Hamilton · ON · L8L 2L5

On market 6 days

4 Beds
3 Baths
1,100–1,500 Sqft
2 Parking
Detached Type
100+ Age

About this property

Separate entrance

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.

Key facts

Type Detached · 2 1/2 Storey
Size 1,100–1,500 sqft
Lot 24.4 ft frontage
Age 100+
Taxes $3,379/yr
Basement Finished, Full, Separate Entrance
Total parking 2
Neighbourhood Stipley
Property details
Property type Detached
Style 2 1/2 Storey
Age 100+
Rooms & baths
Bedrooms above / below 3 · 1
Building & utilities
Basement Finished, Full, Separate Entrance
Parking
Total 2
Lot
Width / Depth 24.4 ft
Financial
Taxes $3,379/yr

Mortgage calculator

$2,569/moMonthly payment
$439,920Mortgage amount
$330,830Total interest
$880,730Total cost

Location

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Market Overview

Hamilton

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MLS® X13853452 Brokerage YOUR HOME SOLD GUARANTEED REALTY ELITE Listed Oct 2, 2026 Updated Oct 6, 2026

Listing data provided by the Toronto Regional Real Estate Board (TRREB).

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The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

Last updated: October 8, 2026.

$549,900 4 bd · 3 ba
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