50 SOMERSET Avenue
Hamilton
L8L 2L5
$549,900
Single Family
beds: 4
baths: 3.0
2,074 sq. ft.
built: 1910
- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- 40867400
- Bedrooms:
- 4
- Bathrooms:
- 3
- Year Built:
- 1910
- Photos (14)
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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. (id:2493)
- Property Type:
- Single Family
- Common Interest:
- Freehold
- Property Attached:
- No
- Total Living Area:
- 2,074 sq. ft.
- Finished Area Above Grade:
- 1,366 sq. ft.
- Zoning:
- C
- Taxes:
- $3,379.19 / -
- Community:
- 200 - Gibson/Stipley
- Exterior Features:
- Brick
- Structure Type:
- House
- Utilities:
- Natural Gas
- Appliances Included:
- Refrigerator
- Home Style:
- Other
- Bedrooms:
- 4
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 3.0
- Cooling:
- Central air conditioning
- Fireplace:
- No
- Heating:
- Forced air, Natural gas
- # Storeys:
- 2.5
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Basement:
- Finished, Full
- Lot Frontage:
- 24'
- Lot Size:
- 1,307 sq. ft.
- Lot Details:
- 0.03
- Total Parking Spaces:
- 2
- Floor
- Type
- Size
- Other
- Lower level
- Utility room
- 11'10" × 6'10"
- -
- Lower level
- Bedroom
- 17'5" × 5'11"
- -
- Lower level
- Living room
- 23'4" × 10'10"
- -
- Lower level
- Kitchen
- 7'2" × 1'
- -
- Main level
- Laundry room
- 2'6" × 2'5"
- -
- Main level
- Bedroom
- 10' × 9'9"
- -
- Main level
- Kitchen
- 14'11" × 10'
- -
- Second level
- Bedroom
- 13'11" × 9'9"
- -
- Second level
- Living room
- 10'11" × 8'11"
- -
- Second level
- Kitchen
- 6'10" × 6'5"
- -
- Third level
- Bedroom
- 18'7" × 13'9"
- -
- Floor
- Ensuite
- Pieces
- Other
- Lower level
- No
- 3
- 5'2" x 6'10"
- Main level
- No
- 3
- 3'5" x 11'1"
- Second level
- No
- 4
- 8'5" x 10'6"
-
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Listed by Your Home Sold Guaranteed Realty Elite
Data was last updated October 2, 2026 at 02:15 PM (UTC)
Area Statistics
- Listings on market:
- 34
- Avg list price:
- $498,950
- Min list price:
- $375,000
- Max list price:
- $1,649,000
- Avg days on market:
- 38
- Min days on market:
- 1
- Max days on market:
- 326
- Avg price per sq.ft.:
- $354.59
These statistics are generated based on the current listing's property type
and located in
200 - Gibson/Stipley. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- WALDI NIBURSKI
- SUTTON GROUP INNOVATIVE REALTY
- 1 (905) 5367474
- Contact by Email
Sutton Group Innovative Realty Inc. Brokerage
Location
1-1423 Upper Ottawa Street
Hamilton, ON, L8W 3J6