$549,900
5.90 BTC
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Map
50 Somerset Avenue, Hamilton
$549,900
PRICE
3 + 1
BEDROOMS
3
BATHROOMS
X13853452
MLSID

50 Somerset Avenue, Hamilton

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.
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Sold History

SOLD
8 February 2021
$560,000
SOLD
6 March 2017
$410,000

Summary

Address
50 Somerset Avenue
Community
MLSID
X13853452
Property Type
Detached
Property Category
Bedrooms
3 + 1
Bathrooms
3
Kitchens
2 + 1
Zoning
C
Taxes (Annual)
$3,379.19
Tax Year
2026
Published
October 2, 2026
Days on Market
25 Days
Possession Type
Flexible
Possession Details
Flexible
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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.

Details

Property Features
Hospital, Public Transit, School
Security Features
Carbon Monoxide Detectors
Bathroom 1
3-Piece Main Level
Bathroom 2
4-Piece Second Level
Bathroom 3
3-Piece Lower Level
Basement
Finished, Full, Separate Entrance
Exterior Features
Porch, Deck
Interior Features
Water Heater Owned
Parking Spaces
2
Parking Total
2
Parking Features
Private Double
Architectural Style
2 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
24 Feet
Lot Depth
60 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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