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Attention firsttime buyers and investors. This updated detached 2.5storey brick home is located in the heart of downtown Hamilton, close to all amenities, shops, dining, and transit. The property is currently configured as three selfcontained apartments, each with its own private entrance, kitchen, bathroom, and laundry. It will be delivered completely vacant, allowing you to set your own rents and select your tenants. Live in one unit and rent out the others to significantly offset your mortgage or generate cash flow. The basement unit offers a spacious onebedroom layout with comfortable living space. The main floor unit features soaring ceilings, abundant natural light, modern finishes, and a private back patio. The upper unit spans two and a half floors with a welcoming entry foyer, a secondfloor dining area and massive bedroom, and a thirdfloor loft living room or study. The seller and listing agent make no warranties or representations as to the current or future legal use of the property. The home can easily be converted back to single family or 2 units.
City: Hamilton
Neighborhood: Stipley
Purchase Price | $689000 |
Down Payment | $137800 |
Mortgage Insurance | $0 |
Total Mortgage | $551200 |
Mortgage Payment | $3397 |
Property Taxes | $273 |
Maintenance Fees | $0 |
Monthly Payment | $3669 |
Sold Comparables homes near 50 Somerset Ave, Hamilton
Located at 50 Somerset Ave , this Hamilton house is available for sale. This property was listed for $689,000 on Wed Aug 06 2025. This house's size is 2000-2500 Sqft. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: Foyer, Kitchen, Living, Br, Kitchen, Dining, Living, Kitchen, Living, Br. This property comes with 2 parking spots. 50 Somerset Ave, Hamilton is situated in the Stipley neighbourhood.
MLS#: X12328892 · $689,000 · 3 bedroom house in Stipley, Hamilton