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24 SOMERSET Avenue

24 SOMERSET Avenue

Hamilton, Ontario

3 bed • 2 bath • Multi-family

$479,900

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.

Price History

Schools

Elementary

  • St. Ann (Hamilton) Catholic Elementary School0.2 km

    Catholic · Hamilton-Wentworth CDSB · 375 students

    Grade 3 reading: 73% met the provincial standard · Grade 6 math: 52% met the provincial standard

  • Prince of Wales Elementary Public School0.3 km

    Public · Hamilton-Wentworth DSB · 540 students

    Grade 3 reading: 61% met the provincial standard · Grade 6 math: 49% met the provincial standard

  • Adelaide Hoodless Public School0.9 km

    Public · Hamilton-Wentworth DSB · 580 students

    Grade 3 reading: 83% met the provincial standard · Grade 6 math: 52% met the provincial standard

Secondary

  • Bernie Custis Secondary School Secondary School0.7 km

    Public · Hamilton-Wentworth DSB · 955 students

    Grade 10 literacy: 65% met the provincial standard

  • Cathedral High School1.5 km

    Catholic · Hamilton-Wentworth CDSB · 1650 students

    Grade 10 literacy: 64% met the provincial standard

  • System Alternative Education Sir Isaac Brock Secondary School2 km

    Public · Hamilton-Wentworth DSB · 65 students

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L8L

Population
32,312
Private dwellings
14,444
Median age
36.4
Average household size
2.4
Median household income
$65,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Multi-family in Hamilton · last 12 months

Median sold price
$683,250
Homes sold
4,988
Median days on market
27
Sale-to-list price
97.1%

Based on 4,988 recorded sales of multi-family properties in Hamilton over the last 12 months.

Walk Score

92

Walk

61

Transit

74

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$95,980

Estimated Monthly Payment

$2,358

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,358/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $120/mo

Estimates only. Consult a financial advisor.

R

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