Scout N Secure

$549,900

Map

50 Somerset Avenue

Hamilton, Ontario L8L2L5

For sale· Added

3+1 bed3 bath2,074 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
40867400
Added
Oct 2, 2026 ()
Updated
Oct 6, 2026 ()
Info refreshed

Overview

Property type
Single Family
Building type
Detached
Storeys
2.5
Finished area
1,366 sq ft (per assessor)
Finished basement
708 sq ft
Ownership
Freehold
Year built
1,910

Inside

Bedrooms
3+1
Bathrooms
3
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Appliances
Refrigerator

Building

Basement
Finished, Full
Exterior
Brick
Parking
2 spaces

Land

Frontage
24 ft
Lot area
0.03 acres
Zoning
C

Services

Water
Municipal water
Sewer
Municipal sewage system
Utilities
Natural Gas

Location

Community
Gibson/Stipley
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

Running costs

Annual property tax
$3,379

Rooms

Utility roomLower level6'10'' x 11'10''
3pc BathroomLower level5'2'' x 6'10''
BedroomLower level5'11'' x 17'5''
Living roomLower level10'10'' x 23'4''
KitchenLower level1'0'' x 7'2''
BedroomThird level13'9'' x 18'7''
4pc BathroomSecond level8'5'' x 10'6''
BedroomSecond level9'9'' x 13'11''
Living roomSecond level8'11'' x 10'11''
KitchenSecond level6'10'' x 6'5''
Laundry roomMain level2'5'' x 2'6''
3pc BathroomMain level3'5'' x 11'1''
BedroomMain level9'9'' x 10'0''
KitchenMain level10'0'' x 14'11''

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$549,900
50 Somerset Avenue
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