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$549,900
For SaleNEW · Listed 2d ago

50 Somerset Avenue, Hamilton, ON L8L 2L5

Stipley
4
3
1,100–1,500 ft²
Listed by YOUR HOME SOLD GUARANTEED REALTY ELITE

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

Property TypeDetached
Lot Size24.4 × 60 ft
BasementFinished, Full, Separate Entrance
Parking2 parking spaces · Private Double
Property taxes$3,379/yr (2026)
Days on Market3 Days
Listed DateOct 2, 2026
MLS® NumberX13853452

School Catchments

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

Event
Date
Price
Listed
Oct 2, 2026
$549,900

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Location

Map showing 50 Somerset Avenue, Hamilton, ON L8L 2L5 inside the Prince of Wales Elementary Public School attendance boundaryView on Map

Licensed Childcare Nearby

6 licensed centres nearby · closest 267 m

Licensed Child Care Centre
Boys And Girls Clubs Of Hamilton- Prince Of Wales
77 Melrose Avenue, Hamilton
0.3 km
CWELCC
Full day · Before & after school
Operator: Hamilton East Kiwanis Boys & Girls Club
Licence #57283·Child Care Centre
Licensed Child Care Centre
St. Ann Early Learning And Care Centre
15 St. Ann Street, Hamilton
0.3 km
CWELCC
Full day · Before & after school
Operator: Hamilton-Wentworth Catholic Child Care Centres Inc.
Licence #55270·Child Care Centre
Licensed Child Care Centre
East End Scholars
138 Birch Avenue, Hamilton
0.6 km
Full day
Operator: Fan-Tastic Scholars East Inc..
Licence #56508·Child Care Centre
Licensed Child Care Centre
St. Matthew'S Children'S Centre @ St. Peter'S
705 Main Street, Hamilton
0.7 km
CWELCC
Full day
Operator: St. Matthew’S House
Licence #58955·Child Care Centre
Licensed Child Care Centre
St. Matthew'S Children'S Centre @ St. Peter'S
71 Maplewood Avenue, Hamilton
0.8 km
CWELCC
Before & after school
Operator: St. Matthew’S House
Licence #58954·Child Care Centre
Licensed Child Care Centre
Cathedral Children'S Centre
30 Wentworth Street, Hamilton
1.0 km
Full day
Operator: Hamilton-Wentworth Catholic Child Care Centres Inc.
Licence #23054·Child Care Centre

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)
Age profile561 residents
Under 2027%
20–3427%
35–6435%
65+10%

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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DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Oct 2, 2026
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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