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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13453684For SaleDuplex

24 Somerset Ave

Stipley, Hamilton, Ontario L8L 2L5

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24 Somerset Ave, Hamilton, photo 1
Asking$449,900
Bedrooms
3
Bathrooms
2
Size
1,100–1,500sq ft
Per sq ft
$346at the range’s middle
Lot
22.5 x 90 ft
Tax a year
$2,9042025 tax year
Built
100+
Parking
2none
Days on market
Members

The brief

About 24 Somerset Ave

24 Somerset Ave is a 3-bedroom, 2-bathroom duplex in Stipley, Hamilton, listed for sale at an asking price of $449,900 (MLS® X13453684).

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.

Insights

  • Condition Score

    Good

    2 documented update signals

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$145/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 8 multiplexes with 3 bedrooms for lease in Hamilton right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$2,904 / 2025
MLS® number
X13453684
Board
TRREB MLS®
Property Type
Duplex
Building Age
100+
Days on market
Size
1100-1500 sqft
Lot Size
22.5 x 90 ft
Listed on
Parking
None, 2 Parking
Listing brokerage: RE/MAX ESCARPMENT REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Duplex
Style
2-Storey
Community
Stipley
Municipality
Hamilton

Building

Size
1100-1500 sqft
Building Age
100+
Construction
Brick

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
1 × 4pc 2nd, 1 × 4pc Bsmt
Basement Type
Finished
Kitchens
2

Parking

Driveway
Pvt Double
Garage Type
None
Additional Parking
2
Total Parking
2

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
22.5 ft
Depth
90 ft
Lot Size
22.5 x 90 ft

Additional

Foundation
Block
Roof
Shingles
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
2 New Fridges + 2 New Stoves

Rooms

RoomSizeFeaturesLevel
Foyer3.96 × 1.15 m—Main
Primary3.12 × 3.24 m—Main
Living3.6 × 2.62 m—Main
Kitchen3.42 × 4.5 m—Main
2nd Br2.9 × 3.33 m—Main
Living3.05 × 4.5 m—2nd
3rd Br3.69 × 2.64 m—2nd
Kitchen3.61 × 2.64 m—2nd
Bathroom1.89 × 1.76 m4 Pc Bath2nd
Rec5.79 × 4.5 m—Bsmt
Utility2.58 × 1.8 m—Bsmt
Bathroom2.58 × 1.18 m4 Pc BathBsmt

Listing history

Buy/sell history for 24 Somerset Ave, Hamilton, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$449,900N/APcX13453684

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $89,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$89,980
Total mortgage amount
$359,920
Total interest payment
$255,980
Total purchase cost
$705,880
Mortgage payment
$2,053/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

26%

Monthly carrying cost

$2,295
−$145per month
  • Rent $2,150
  • Shortfall $145

Rental income opens at $2,150, the median asking rent of 8 comparable homes for lease in Hamilton. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$5,473
Total land transfer tax
$5,473
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$1,473
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $449,900
$998
Ontario total
$5,473

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
2,025 sq ft188 m²
Street frontage
22.5 ft6.9 m
Depth
90 ft27.4 m
22.5 × 90 ftSOMERSET AVE

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by GeoWarehouse.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records · 7 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest rail line: 700 mA trail on the Ontario trail network within 1 kmTransit stop within 400 mNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m14 test or monitoring holes also recorded.250 m

Province of Ontario open data

Planning and building activity1

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address

Province of Ontario open data

Around the home3

  • Nearest rail line: 700 m700 m
  • Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 110 m away. Routes and stops change; check the agency’s schedule.400 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data · Municipal transit open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is GFL Environmental Services Inc. — GFL Environmental Services Inc. (Hamilton - Lottridge), 710 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Dotto One, Rogers. Cable: Cogeco Connexion, Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Hamilton Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence

The market

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Hamilton GO CentreGO Transit train: Lakeshore West2.7 km
West Harbour GOGO Transit train: Lakeshore West2.9 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St. Ann (Hamilton) Catholic Elementary SchoolHamilton-Wentworth CDSBCatholic · grades JK–8250 m76%Grade 6 average
Prince of Wales Elementary Public SchoolHamilton-Wentworth DSBPublic · grades JK–8300 m69%Grade 6 average
Adelaide Hoodless Public SchoolHamilton-Wentworth DSBPublic · grades JK–8850 m65%Grade 6 average
ÉÉC Notre-DameConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–81.3 km80%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Bernie Custis Secondary School Secondary SchoolHamilton-Wentworth DSBPublic · grades 9–12700 m36%Grade 9 math
Cathedral High SchoolHamilton-Wentworth CDSBCatholic · grades 9–12 · French Immersion1.5 km43%Grade 9 math
Sherwood Secondary SchoolHamilton-Wentworth DSBPublic · grades 9–12 · French Immersion3 km39%Grade 9 math
ÉSAC Mère-TeresaConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–124.5 km45%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Stipley are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record