50 Somerset Avenue, Hamilton, ON L8L 2L5
- Detached
- 24.4 × 60 ft lot
- 2 parking
- Finished basement
- Prince of Wales Elementary Public School catchment
Assigned school
61% EQAO
Prince of Wales Elementary Public School
Childcare
6 centres
0.3 km closest
Area profile
64% owners
$66k median
Small-area Census counts are randomly rounded by Statistics Canada.
Explore this address →Property Information
School Catchments
Specialized program boundaries (4)
This address also falls inside these program boundaries. Placement in a specialized or French-language program is by school board application and eligibility — not by address.
School boundaries and eligibility may change. Confirm school eligibility directly with the school board.
All Hamilton school catchments →Monthly Cost
Description
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 History
Shows activity for this MLS® listing. Prior listings and sold records appear when available.
Location
Licensed Childcare Nearby
6 licensed centres nearby · closest 267 m
Area Checks
Also checked, nothing flagged at this location: conservation-regulated areas, provincially significant wetlands, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, rail corridors, hydro transmission corridors.
Not openly mapped for this area (ask the local conservation authority): flood hazard mapping.
Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.
About Stipley
View Stipley on Market →Area profile
A mix of owners and renters: 64% of households own and 36% rent; median household income is $66,000; 73% of households have children.
- 64%
- Own their home
- 36%
- Rent
- $66,000
- Median household income
- 2.6
- Avg. household size
- 73%
- Households with kids
- 33
- Median age
More about this area
- 7%
- University degree
- 20%
- Newcomers (immigrants)
StatCan 2021 Census · the dissemination area around this home (DA 35250701). Values are randomly rounded by Statistics Canada for privacy.
Similar homes in this school area
Assigned to Prince of Wales Elementary Public School · priced within 25% of this home
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Data sources & legal disclosures
Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.
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