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Vancor Realty Inc., Brokerage
HouseFor Sale

50 Somerset Avenue

Gibson/Stipley, Hamilton, ON L8L 2L5

$549,900

MLS® 40867400

50 Somerset Avenue — photo 1 of 14
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  • 3 + 1Bedrooms
  • 3Bathrooms
  • 1,366Sq. ft.
  • 2Parking
  • 1910Year built
  • 30Days on market

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.

Property details

Property

Property type
Single Family Residence
Style
Traditional
Year built
1910
Lot size
24.4 x 60 ft
Annual taxes
$3,379
Zoning
C

Interior

Heating
Forced Air, Natural Gas
Cooling
Central Air
Basement
Separate Entrance, Full, Finished
Kitchens
3
Included
Water Heater Owned, Refrigerator

Exterior & parking

Construction
Brick
Roof
Asphalt Shing
Foundation
Concrete Perimeter
Parking spaces
2
Driveway
Private Drive Double Wide

Utilities

Sewer
Sewer (Municipal)
Water
Municipal

Rooms

RoomLevelSizeFeatures
KitchenMain4.55 × 3.05—
Living RoomSecond3.33 × 2.72—
BathroomMain3.38 × 1.043-Piece
BathroomSecond3.20 × 2.574-Piece
BathroomLower2.08 × 1.573-Piece
BedroomThird5.66 × 4.19—
KitchenSecond1.96 × 2.08—
LaundryMain0.76 × 0.74—
KitchenLower2.18 × 0.30—
BedroomSecond4.24 × 2.97—
BedroomMain3.05 × 2.97—
Living RoomLower7.11 × 3.30—
Utility RoomLower3.61 × 2.08—
BedroomLower5.31 × 1.80—

Location

50 Somerset Avenue, Gibson/Stipley, Hamilton, ON, L8L 2L5

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Listing courtesy of Your Home Sold Guaranteed Realty Elite. MLS® 40867400. Data provided by Information Technology Systems Ontario (ITSO), last updated October 6, 2026. Information deemed reliable but not guaranteed.

$549,900

50 Somerset Avenue

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