50 Somerset Avenue, Hamilton, ON L8L 2L5
Hamilton, ON, L8L 2L5 · Stipley
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.
Features & Amenities
- Basement: Finished, Full, Separate Entrance
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2 1/2 Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2 1/2 Storey |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Basement | Finished, Full, Separate Entrance |
| Garage | None |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $3,379 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Water Heater Owned
Exterior Features
- Exterior Features
- Porch, Deck
- Pool Features
- None
Building & Construction
- Architectural Style
- 2 1/2 Storey
- Construction Materials
- Brick
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Finished, Full, Separate Entrance
- Approximate Age
- 100+
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 2
- Parking Total
- 2.00
- Parking Features
- Private Double
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 60.00
- Lot Width
- 24.40
Community & Neighborhood
- Property Features
- Hospital, Public Transit, School
Financial & Tax
- Tax Annual Amount
- $3,379
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 12
- Kitchens Above Grade
- 2
- Kitchens Total
- 3
- Bedrooms Above Grade
- 3
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Vacant
- Direction Faces
- South
- County Or Parish
- Hamilton
- Cross Street
- Cannon & Barnside
- Directions
- QEW, South on Red Hill Pkwy, West on Question Road, Continue West on Main Street E, North West on King Street E, North on Barnesdale Ave N, West on Somerset Ave
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
50 Somerset Avenue, Hamilton, ON L8L 2L5, Hamilton, ON, L8L 2L5