- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1,100–1,500sq ft
- Per sq ft
- $384at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $2,9042025 tax year
- Parking
- 1none
- Days on market
- Members
The brief
About 20 Somerset Ave
20 Somerset Ave is a 3-bedroom, 2-bathroom detached house in Gibson, Hamilton, listed for sale at an asking price of $498,888 (MLS® X13729260).
Welcome to this fully renovated home Upgraded from top to bottom, this bright and spacious home, located in the sought after Gibson-Stipley neighborhood is turn-key and ready for you to move in immediately! The main level features open-concept kitchen and living with an upgraded flooring throughout ,Separate dinning room that can be used as the 4th Bedroom .Upgraded 3-piece full bathroom on the mane floor with Standing shower and glass door . The spacious custom kitchen with bright white cabinetry, SS appliances ,Quartz counter-top and backsplash. The second level features 3 bedrooms and a 3-piece bath modern sink vanity and glass standing shower. The fully-finished lower level has plenty of additional space . The spacious backyard is fully fenced . Close to some of the best Hamilton has to offer! Playhouse Cinema, Tim Hortons field, a variety of bars and restaurants, public transit, school, hospital and many more.A fantastic opportunity for first-time home buyers-simply move in and enjoy! Please note some pictures are virtually staged.
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even59/100−$19/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 86 detached homes 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
- X13729260
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 24.02 x 90 ft
- Listed on
- Parking
- None, 1 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Gibson
- Municipality
- Hamilton
Building
- Size
- 1100-1500 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Main, 1 × 3pc 2nd
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Front Yard
- Garage Type
- None
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 24.02 ft
- Depth
- 90 ft
- Lot Size
- 24.02 x 90 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- All S/S Appliances Included; Stainless Steel Fridge, Stove, SS Dishwasher, SS Stove, Washer & Dryer, Microwave & All Light Fixtures,
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 14.01 × 11.75 m | Quartz Counter, Backsplash, Breakfast Area | Main |
| Dining | 12.01 × 11.75 m | — | Main |
| Bathroom | 2.44 × 1.52 m | 4 Pc Bath | Main |
| Primary | 3.35 × 4.6 m | Bay Window, Closet | 2nd |
| 2nd Br | 2.77 × 2.5 m | Window, Closet | 2nd |
| 3rd Br | 3.35 × 2.5 m | Window | 2nd |
| Bathroom | 2.13 × 1.52 m | 4 Pc Bath | 2nd |
| Rec | 9.14 × 4.57 m | Finished, Vinyl Floor, Combined W/Laundry | Bsmt |
Listing history
Buy/sell history for 20 Somerset Ave, Hamilton, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $498,888 | N/A | For Sale | X13729260 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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
- $99,778
- Total mortgage amount
- $399,110
- Total interest payment
- $283,990
- Total purchase cost
- $782,878
- Mortgage payment
- $2,277/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
21%Monthly carrying cost
$2,519- Rent $2,500
- Shortfall $19
Rental income opens at $2,500, the median asking rent of 86 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
- $6,453
- Total land transfer tax
- $6,453
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,453
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 $498,888
- $1,978
- Ontario total
- $6,453
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
- 2,162 sq ft201 m²
- Street frontage
- 24.02 ft7.3 m
- Depth
- 90 ft27.4 m
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.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m17 test or monitoring holes also recorded.250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 10.0 km10 km
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 100 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), 720 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 (20 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
Detached homes for sale in Gibson right now
- For sale now
- 29
- Median asking price
- $550K
- New in 7 days
- 3
- Price cuts
- 24%
Middle half: $450K to $639K
8 in 28 days
7 listings
This home is asking 9% below the median.
See all homes in GibsonAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Hamilton GO Centre | GO Transit train: Lakeshore West | 2.7 km |
| West Harbour GO | GO Transit train: Lakeshore West | 2.9 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St. Ann (Hamilton) Catholic Elementary SchoolHamilton-Wentworth CDSB | Catholic · grades JK–8 | 250 m | 76%Grade 6 average |
| Prince of Wales Elementary Public SchoolHamilton-Wentworth DSB | Public · grades JK–8 | 350 m | 69%Grade 6 average |
| Adelaide Hoodless Public SchoolHamilton-Wentworth DSB | Public · grades JK–8 | 850 m | 65%Grade 6 average |
| ÉÉC Notre-DameConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 1.3 km | 80%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Bernie Custis Secondary School Secondary SchoolHamilton-Wentworth DSB | Public · grades 9–12 | 750 m | 36%Grade 9 math |
| Cathedral High SchoolHamilton-Wentworth CDSB | Catholic · grades 9–12 · French Immersion | 1.5 km | 43%Grade 9 math |
| Sherwood Secondary SchoolHamilton-Wentworth DSB | Public · grades 9–12 · French Immersion | 3 km | 39%Grade 9 math |
| ÉSAC Mère-TeresaConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 4.5 km | 45%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
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Sold prices in Gibson are shown to signed-in members.