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Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$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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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
YOUR HOME SOLD GUARANTEED REALTY ELITE
Personal Picture
Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
 
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At a Glance:
Type: Freehold - Detached
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stipley
Style: 2 1/2 Storey
Lot Size: x 60.00(Feet)
Approximate Age: 100+
Tax: $3,379.19
Maintenance Fee: $0
Beds: 3+1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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