Listed for:Listed Jun 16, 2026
$449,900

24 Somerset Avenue

Hamilton (Stipley), ON L8L 2L5

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 24 Somerset Avenue, Hamilton, Stipley

No listing history available

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About 24 Somerset Avenue, Hamilton, Stipley

Summarized Description

  • Well-maintained duplex with two self-contained units
  • Updated bathrooms and new carpeting throughout
  • Turnkey investment opportunity for rental income
  • Conveniently located near parks, schools, and transit
  • Owned major mechanical components, no rentals
  • Versatile living spaces for families or investors
  • Parking available for two vehicles
  • Numerous updates completed over the years

Welcome to 24 Somerset Avenue in Hamilton, a well-maintained duplex offering two self-contained units, making it an excellent opportunity for investors, first-time buyers, or multi-generational families.The main-floor unit features new carpeting, a bright kitchen equipped with a new refrigerator and stove, two spacious bedrooms, and an updated 4-piece bathroom. This unit also enjoys access to the backyard and basement, providing additional storage and outdoor living space.The upper-level unit offers new carpeting throughout, a functional kitchen with a new refrigerator and stove, one bedroom, an updated 4-piece bathroom, and a versatile living room that can easily be used as a second bedroom, home office, or additional living space. Numerous updates have been completed over the years, including the roof (2015), 100-amp electrical panel (2015), furnace (2020), central air conditioning (2020), owned hot water tank (2022), second-floor front windows (2025), and remaining windows (2010). All major mechanical components are owned, with no rental contracts to assume. The property also features parking for two vehicles and is conveniently located close to Hamilton Stadium, parks, schools, shopping, restaurants, and public transit, with easy access to major routes. Whether you're looking to live in one unit while generating rental income from the other, accommodate extended family, or add a turnkey investment property to your portfolio, this versatile duplex presents a fantastic opportunity in a desirable Hamilton location.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,904
Land Transfer Tax Fee
$5,473

Rental Items

Rental Equipment
None

Basement Type
Finished, Full

Interior Features

Interior Extras
Water Heater Owned
Security Features
Carbon Monoxide Detectors, Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Public Transit, Hospital, School, Place Of Worship, Park
Other Structures
Shed

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Brick, Metal/Steel Siding
Roof
Shingles
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
22.50 ft
Lot Depth
90.00 ft

Inclusions

Inclusions
2 New Fridges + 2 New Stoves

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Yes
Telephone
Yes

Bedrooms
3
Washrooms
2
Kitchens
2

Room sizes

  • Foyer—
    Main level
  • Primary Bedroom—
    Main level
  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom 2—
    Main level
  • Living Room—
    Second level
  • Bedroom 3—
    Second level
  • Kitchen—
    Second level
  • Bathroom—
    Second level, 4 Pc Bath
  • Recreation—
    Basement level
  • Utility Room—
    Basement level
  • Bathroom—
    Basement level, 4 Pc Bath

Washrooms

  • 4-piece, Second
  • 4-piece, Basement

Municipality
Hamilton
Neighbourhood
Stipley
Main cross streets
Sherman Ave N. & Barnesdale Ave. N.
Zoning
C
Directions
Cannon St. E.-Sherman Ave N.-Somerset Ave.

MLS® number
X13453684
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-16
Updated on
2026-09-23
Days on market
123 days
Possession type
Immediate
Co-op commission
2% + HST
Seller
Listed by
RE/MAX ESCARPMENT REALTY INC.

Home Market Value

Current home valuation for 24 Somerset Avenue, Hamilton, Stipley, Hamilton, ON. Listed for $449,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 24 Somerset Avenue, Hamilton, Stipley

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Hamilton, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$22,495

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$17,096$12,552$10,708$0
=Total mortgage
$444,501$417,462$393,123$359,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,170monthly$2,038monthly$1,919monthly$1,757monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$5,473

Total Land Transfer Tax

$5,473

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