50 Somerset Avenue, Hamilton, ON L8L 2L5
Stipley, Hamilton
Deal Score 96: Strong opportunity
Current asking price is 27.2% below the median asking price of 93 comparable active listings.
- Comparable active listings
- 93
- Their median asking price
- $734,900
- Confidence
- Medium confidence
- Compared with
- Detached · 4 bed · 1100–1500 sq ft · Hamilton · for sale
93 comparable listings, but either a wider area or a wider range of asking prices.
How Deal Score works
- We find listings for sale right now that match this home's style and bedrooms, in the same community (or city), and where possible the same size range and bathrooms.
- The score reflects where this asking price sits within that comparable group, mainly how far it is above or below their median asking price. 50 is typical; higher means a lower asking price than comparable listings.
- Confidence depends on how many comparable listings there are and how similar their prices are. With too few comparables, no score is shown.
- Listings that aren't homes (such as parking spaces, lockers and vacant land) and listings with placeholder prices are not scored.
What the score doesn't see
- Lot size and frontage, garage size, condition, renovations, views and exposure are not compared.
- Interior sizes are the ranges reported by the listing brokerage (for example 2,000–2,500 sq ft), not exact measurements.
- Only current asking prices are used: no sold prices, price history or time on market.
Deal Score compares this listing's current asking price with the asking prices of comparable listings for sale or rent right now. It is not an appraisal, a valuation or an opinion of market value, and it does not use sold prices, price history or time on market.
- 4beds
- 3baths
- 1100–1500sq ft
- 2parking
About this home
FULLY VACANT LEGAL DUPLEX WITH THREE UNITS AND STRONG INCOME POTENTIAL. Fully vacant and ready for fresh market rents, this legal duplex features three fully contained units, giving investors the opportunity to select their own tenants and establish rents from day one. With three potential income streams under one roof, the property offers an appealing opportunity for investors looking to build or expand their portfolio. Many of the major capital expenses have already been completed, helping reduce the immediate costs that can come with acquiring an investment property. Full vacancy provides added flexibility, allowing the next owner to establish their own tenant mix and rental structure from the start. Location adds to the rental appeal. Public transit is just minutes away on foot, with grocery stores, restaurants, shopping and everyday amenities all close by, providing the convenience tenants look for. Three fully contained units, full vacancy, fresh market rent potential, significant recent capital improvements and a convenient Hamilton location come together in an investment property positioned for income from the start.
Details
- Home type
- Freehold
- Style
- Detached
- Community
- Stipley
- City
- Hamilton
- Region
- Hamilton
- Postal code
- L8L 2L5
- Interior size (range)
- 1100–1500 sq ft
- Parking spaces
- 2
- Covered spaces
- 0
- Garage
- None
- Parking features
- Private Double
Listing courtesy of YOUR HOME SOLD GUARANTEED REALTY ELITE
Listing information is provided through the PropTx (TRREB) IDX feed, is deemed reliable but not guaranteed, and is refreshed throughout the day. Listings may be listed by other brokerages, as noted on each listing.