Gurvinder Nokwal REALTOR®
For Sale Detached 16 days on market

$549,900

Est. payment $2,435/moCalculate yours

50 Somerset Avenue, Hamilton, ON L8L 2L5

Stipley, Hamilton, ON L8L 2L5

  • 3 + 1 Beds
  • 3 Baths
  • 1,100 Sq Ft
Map

Listing courtesy of YOUR HOME SOLD GUARANTEED REALTY ELITE MLS® X13853452

About this home

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.

Property details

Overview

Property Type
Detached
Style
2 1/2 Storey
For
For Sale
Status
New
Approximate Age
100+
Size
1,100 sqft

Interior

Bedrooms
3 + 1
Bathrooms
3
Kitchens
3
Basement
Finished, Full, Separate Entrance

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
24.4 x 60 Feet
Parking
None garage · 2 total
Zoning
C

Financial

Property Taxes
$3,379 (2026)

Location

Neighbourhood
Stipley
Cross Street
Cannon & Barnside
Direction Faces
South

Listing

MLS® Number
X13853452
Days on Market
16
Listed On
2026-10-02
Possession
Flexible
Listed By
YOUR HOME SOLD GUARANTEED REALTY ELITE

Rooms

Room Level Dimensions
Bedroom Lower 17′ 5″ × 5′ 11″
Living Room Second 10′ 11″ × 8′ 11″
Kitchen Main 14′ 11″ × 10′ 0″
Bedroom Second 13′ 11″ × 9′ 9″
Kitchen Lower 7′ 2″ × 6′ 0″
Laundry Main 2′ 6″ × 2′ 5″
Bedroom Third 18′ 7″ × 13′ 7″
Living Room Lower 23′ 4″ × 10′ 10″
Bathroom Second 10′ 6″ × 8′ 5″
Bathroom Lower 3′ 10″ × 5′ 2″
Bedroom Main 10′ 0″ × 9′ 9″
Kitchen Second 9′ 5″ × 6′ 10″
Bathroom Main 11′ 1″ × 3′ 5″
Utility Room Lower 11′ 10″ × 6′ 10″

Features

Interior

  • Water Heater Owned

Property

  • Hospital
  • Public Transit
  • School

Pool

  • None
Included
MAIN FLOOR - Fridge, Stove, Dishwasher, Built-In-Microwave, Washer & Dryer. 2ND FLOOR - Fridge, Stove, Dishwasher, Built-In-Microwave, Washer & Dryer. LOWER LEVEL - Fridge, Stove, Built-In-Microwave, Washer/Dryer Combo Unit. Hot Water Heater.

Mortgage calculator

Minimum for this price: $29,990 (5.45%)

Amortization, years

Estimated mortgage payment

$2,435 per month

Principal and interest
$2,435
Property tax
$282
Estimated monthly cost
$2,716

Your mortgage

Mortgage amount
$439,920
Mortgage insurance
Not needed
Interest over 25 years
$290,531

Cash to close

Down payment
$109,980
Land transfer tax
$7,473
Total, before legal fees
$117,453
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

50 Somerset Avenue, Hamilton, ON L8L 2L5 Stipley, Hamilton, ON L8L 2L5
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$549,900 50 Somerset Avenue, Hamilton, ON L8L 2L5
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