$549,900
Available - For Sale
Listing ID: X13853452
50 Somerset Avenue , Hamilton, L8L 2L5, 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. |
| Price | $549,900 |
| Taxes: | $3379.19 |
| Assessment Year: | 2026 |
| Occupancy: | Vacant |
| Address: | 50 Somerset Avenue , Hamilton, L8L 2L5, Hamilton |
| Directions/Cross Streets: | Cannon & Barnside |
| Rooms: | 12 |
| Bedrooms: | 3 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Finished, Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 14.92 | 10 | |
| Room 2 | Main | Bedroom | 10 | 9.74 | Combined w/Sitting |
| Room 3 | Main | Bathroom | 11.09 | 3.41 | |
| Room 4 | Main | Laundry | 2.49 | 2.43 | |
| Room 5 | Second | Kitchen | 9.41 | 6.82 | |
| Room 6 | Second | Living Ro | 10.92 | 8.92 | |
| Room 7 | Second | Bedroom | 13.91 | 9.74 | |
| Room 8 | Second | Bathroom | 10.5 | 8.43 | |
| Room 9 | Third | Bedroom | 18.56 | 13.58 | |
| Room 10 | Lower | Kitchen | 7.15 | 6 | |
| Room 11 | Lower | Living Ro | 23.32 | 10.82 | |
| Room 12 | Lower | Bedroom | 17.42 | 5.9 | |
| Room 13 | Lower | Bathroom | 3.84 | 5.18 | |
| Room 14 | Lower | Utility R | 11.84 | 6.82 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 3 | Lower |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 3 | Lower |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Detached |
| Style: | 2 1/2 Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 2 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 1100-1500 |
| Property Features: | Hospital, Public Transit |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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Maria Tompson
Sales Representative
Dir:
1-866-382-2968
Bus:
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Fax:
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Stipley |
| Style: | 2 1/2 Storey |
| Approximate Age: | 100+ |
| Tax: | $3,379.19 |
| Beds: | 3+1 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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