This one's priced below recent comparable sales, and new this week. Here's everything I've got — ask me anything about it.

Hamilton · Stipley

50 Somerset Avenue

Detached

MLS® #X13853452

Listed for$549,9002 days on market
3+1 bed 3 bath 2 parking 1100-1500 sq ft~$423/sq ft
  • New this week
  • 5 schools within 1 km
  • Transit stop ~90 m
Free · about 10 seconds

Is $549,900 a fair price?

Our read: it’s priced below recent comparable sales — based on 146 sales nearby. Sign in free to see exactly how far below it is, plus the full range comparable homes sold in.

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Measured against 146 recent comparable sales nearby — sign in free to see the range they sold in (boards require a verified email · VOW rules).

Est. all-in monthly~$2,840/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

5 schools within ~1 km · nearest transit stop ~0.09 km

Property information
What house buyers ask first
Lot size
24.4 × 60 ft
Square footage
1100-1500 sq ft
Age
~100+ years old
Property tax
$3,379 / yr
Parking
2 spaces · None
Basement
Finished, Full, Separate Entrance

Property summary

Property type
Detached
Style
2 1/2 Storey
Approx. age
100+ years
Lot size
24.4 × 60 ft
Parking
2 spaces · None
Heating
Forced Air
Air conditioning
Central Air
Basement
Finished, Full, Separate Entrance
Kitchens
2
Exterior
Brick
Property tax
$3,379 / yr
MLS®
X13853452

Room dimensions

Bedroom
Lower5.31 × 1.8 m
Living Room
Second3.33 × 2.72 m
Kitchen
Main4.55 × 3.05 m
Bedroom
Second4.24 × 2.97 m
Kitchen
Lower2.18 × 1.83 m
Laundry
Main0.76 × 0.74 m
Bedroom
Third5.66 × 4.14 m
Living Room
Lower7.11 × 3.3 m
Bathroom
Second3.2 × 2.57 m
Bathroom
Lower1.17 × 1.58 m
BedroomCombined w/Sitting
Main3.05 × 2.97 m
Kitchen
Second2.87 × 2.08 m
Bathroom
Main3.38 × 1.04 m
Utility Room
Lower3.61 × 2.08 m

As stated by the MLS®, nothing inferred.

Nearby homes for sale
The numbers that matter
The numbers that matter
Property tax
$3,379/yr
Est. all-in
~$2,840/mo
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

  • Prince of Wales Elementary Public SchoolPublic · Elementary & Secondary · Hamilton-Wentworth DSB0.2 km
  • St. Ann (Hamilton) Catholic Elementary SchoolCatholic · Elementary & Secondary · Hamilton-Wentworth CDSB0.3 km
  • Bridge International SchoolPrivate · Elementary & Secondary · ..0.3 km
  • Bernie Custis Secondary School Secondary SchoolPublic · Secondary · Hamilton-Wentworth DSB0.6 km
  • Adelaide Hoodless Public SchoolPublic · Elementary & Secondary · Hamilton-Wentworth DSB0.8 km
  • Cathy Wever Elementary Public SchoolPublic · Elementary & Secondary · Hamilton-Wentworth DSB1.0 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

  • CANNON at BARNESDALENearest transit · Bus stop~90 m
  • Hamilton GO CentreNearest GO / rail · GO / regional rail~2.8 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Hamilton
$600KMedian sold
39Median days on market
97%Sale-to-list
Median sold price · Hamilton1-yr -15% · 3-yr —
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Hamilton
569,353Population (2021)
40.8Median age
$86,000Median household income
65.7%Home owners
34.3%Renters
2.5Avg household size
Source: Statistics Canada, 2021 Census
Description & details

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.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by YOUR HOME SOLD GUARANTEED REALTY ELITE. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.