43.2529° N · 79.8351° W — Stipley, Hamilton — MLS® #X14149552
50 Somerset Ave
$535,000
Stipley, Hamilton, Ontario L8L 2L5
- 3+1
- BedroomsBeds
- 3
- BathroomsBaths
- 1100-1500 sqft1100-1500
- SizeSq ft
- 24.4 x 60 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
50 Somerset Ave is a 3+1-bedroom, 3-bathroom detached house in Stipley, Hamilton, listed for sale at an asking price of $535,000 (MLS® X14149552).
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.
Listing readings
How it measures up
Scores from the listing record and the market around it.
68Good
Condition score
6 condition-related facts documented
Listing age, structured features and disclosed update language; not an inspection.
78Strong
Cash flow quality
+$477/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 39 detached homes with 4 bedrooms for lease in Hamilton right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $3,379 / 2026
- MLS® number
- X14149552
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 100+
- Time on market
- Size
- 1100-1500 sqft
- Lot Size
- 24.4 x 60 ft
- Listed on
- Parking
- None, 2 Parking
Listing history
Listing activity for 50 Somerset Ave, Hamilton, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $535,000 | N/A | For Sale | X14149552 |
Inside
Room by room
From the listing.
- Kitchen3.04 × 4.54 m
- Br2.97 × 3.04 mCombined W/Sitting
- Bathroom1.04 × 3.37 m
- Laundry0.73 × 0.76 m
- Kitchen1.82 × 2.18 m
- Living3.3 × 7.11 m
- Br1.8 × 5.3 m
- Bathroom1.17 × 1.58 m
- Utility2.08 × 3.6 m
- Kitchen2.08 × 2.87 m
- Living2.71 × 3.32 m
- Br2.97 × 4.24 m
- Bathroom2.56 × 3.2 m
- Br4.14 × 5.66 m
Property
- Property Type
- Detached
- Style
- 2 1/2 Storey
- Community
- Stipley
- Municipality
- Hamilton
Building
- Size
- 1100-1500 sqft
- Building Age
- 100+
- Construction
- Brick
Inside
- Bedrooms
- 3+1
- Bathrooms
- 3
- Bathroom Details
- 1 × 3pc Main, 1 × 4pc 2nd, 1 × 3pc Lower
- Basement Type
- Finished
- Kitchens
- 2
Parking
- Driveway
- Pvt Double
- Garage Type
- None
- Additional Parking
- 2
- Total Parking
- 2
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 24.4 ft
- Depth
- 60 ft
- Lot Size
- 24.4 x 60 ft
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Hamilton GO Centre | GO Transit train: Lakeshore West | 2.8 km |
| West Harbour GO | GO Transit train: Lakeshore West | 3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Around it
Detached in Stipley
Active listings only, today.
Detached homes for sale in Stipley right now
- For sale now
- 18
- Median asking price
- $499K
- New in 7 days
- 4
- Price cuts
- 33%
Middle half: $449K to $635K
7 in 28 days
6 listings
This home is asking 7% above the median.
See all homes in StipleyAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- railOn recordNearest rail line: 700 m
- transitOn recordTransit stop within 400 m From the transit agency’s published stop map; the nearest is 50 m away. Routes and stops change; check the agency’s schedule.
- trailOn recordA trail on the Ontario trail network within 1 km
- water wellsNone in rangeNo water-supply well recorded within 250 m 5 test or monitoring holes also recorded.
- npriOn record1 facility within 1 km reports pollutant releases to Environment Canada The nearest is GFL Environmental Services Inc. — GFL Environmental Services Inc. (Hamilton - Lottridge), 680 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by Alectra Utilities Corporation
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 40 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Bell, Cogeco Connexion, Dotto One, Rogers. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Hamilton Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence
Lot
- Lot area
- 1,464 sq ft136 m²
- Street frontage
- 24.4 ft7.4 m
- Depth
- 60 ft18.3 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Land transfer tax on this home
- Ontario land transfer tax
- $7,175
- Total land transfer tax
- $7,175
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $3,175
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $535,000
- $2,700
- Ontario total
- $7,175
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- Prince of Wales Elementary Public SchoolHamilton-Wentworth DSBPublic · grades JK–869%Grade 6 average250 m
- St. Ann (Hamilton) Catholic Elementary SchoolHamilton-Wentworth CDSBCatholic · grades JK–876%Grade 6 average250 m
- Adelaide Hoodless Public SchoolHamilton-Wentworth DSBPublic · grades JK–865%Grade 6 average850 m
- ÉÉC Notre-DameConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–880%Grade 6 average1.2 km
SecondaryGrade 9 math 2024–25
- Bernie Custis Secondary School Secondary SchoolHamilton-Wentworth DSBPublic · grades 9–1236%Grade 9 math650 m
- Cathedral High SchoolHamilton-Wentworth CDSBCatholic · grades 9–12 · French Immersion43%Grade 9 math1.6 km
- Sherwood Secondary SchoolHamilton-Wentworth DSBPublic · grades 9–12 · French Immersion39%Grade 9 math3 km
- ÉSAC Mère-TeresaConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–1245%Grade 9 math4.4 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$2,723
- Mortgage$2,441
- Property tax$282
A planning figure, not a quote.
Land transfer tax
$7,175
$3,175 for first-time buyers.
Rent, similar homes
$3,200
a month, median asking rent of 39 similar homes in Hamilton.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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