50 Somerset Avenue
Stipley · Hamilton · ON · L8L 2L5
Listed just now
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.
Key facts
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Open houses
No upcoming open houses.
Property details
Rooms & baths
- Kitchens
- 3
- Rooms above / below grade
- 12
- Bedrooms above / below
- 3 · 1
- Washrooms
- 1 × 3-pc · Main
- 1 × 4-pc · Second
- 1 × 3-pc · Lower
Basement
- Basement
- Finished, Full, Separate Entrance
Heating & cooling
- Heat
- Forced Air · Gas
- A/C
- Central Air
Finishes & appliances
- Security
- Carbon Monoxide Detectors
Interior features
- Water Heater Owned
Outdoor
- Direction faces
- South
Construction
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
Parking & garage
- Total
- 2
- Features
- Private Double
Exterior features
- Porch
- Deck
Utilities
- Sewer
- Sewer
- Water
- Municipal
Lot
- Width / Depth
- 24.4 ft · 60 ft
Property & nearby
- Hospital
- Public Transit
- School
Taxes & fees
- Taxes
- $3,379/2026
Included & excluded
- Inclusions
- 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.
Overview
- Property type
- Detached
- Style
- 2 1/2 Storey
- Age
- 100+
- Possession
- Flexible
- Cross street
- Cannon & Barnside
Mortgage calculator
Location
Cross street: Cannon & Barnside
Market Overview
Hamilton
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: November 4, 2026.