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24 SOMERSET Avenue
homes for sale · Hamilton · Gibson/Stipley
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$449,900

24 SOMERSET Avenue

Gibson/Stipley, Hamilton · MLS® 40849139

322

1,158 sq ft · House · Single Family · built 1910 · 98 days on market

listed by Guy D'Alesio, RE/MAX Escarpment Realty Inc.

realtor's description

Welcome to 24 Somerset Avenue in Hamilton, a well-maintained **Legal Duplex** offering two self-contained units with the flexibility to be used as a single-family home or as an income-generating multi-family property. Whether you're a first-time buyer, investor, or looking for a home that can accommodate extended family, this versatile property offers exceptional value and endless possibilities. 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 downstairs. 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 choose to occupy the entire home as a spacious single-family residence, live in one unit while generating rental income from the other, or maintain it as a legal duplex investment property, 24 Somerset Avenue offers outstanding flexibility in a convenient Hamilton location.

property details

type
House, Single Family
bedrooms
3
bathrooms
2
living area
1,158 sq ft
parking
2
year built
1910
property tax
$2,904 / yr
days on market
98
MLS®
40849139

features

  • Refrigerator
  • Stove

monthly cost

$2,202/mo
Mortgage $1,960 · Tax $242

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$1,960/ monthly
loan $359,920
25-year amortization
total interest
$228,131
cash to close
$89,980
down payment; transfer tax and fees not included
total paid
$588,051

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Gibson/Stipley, HamiltonGoogle Maps ↗

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listed by
Guy D'Alesio
RE/MAX Escarpment Realty Inc.
call Guy · 905-537-9626
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Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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