24 SOMERSET AVENUE, Hamilton (Stipley)

$479,900

For sale: Multiplex

Multiplex at 24 SOMERSET AVENUE, Hamilton (Stipley)
Property type
Duplex
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13453684
Neighbourhood
Stipley

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.

Sold data

Multiplex homes in Hamilton (Stipley) — recent sold market

Multiplex homes in Hamilton (Stipley) took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 67, across 87 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.

The median sale price was $769,900.

Homes sold for about 3.4% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
42
Median sale price
$769,900
Sale-to-list ratio
96.6%
Sold above asking
8%

Based on 87 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Stipley)

Hamilton (Stipley) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.

Rated schools
130
Elementary
108
Secondary
22
Average rating
5.6 / 10

Top-rated schools in Hamilton (Stipley)

  • Corpus Christielementary, HamiltonFraser rating 10.0/10
  • Norwood Parkelementary, HamiltonFraser rating 8.4/10
  • Pope John Paul IIelementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdeselementary, HamiltonFraser rating 7.3/10
  • Westmountsecondary, HamiltonFraser rating 7.3/10
  • Sacred Heartelementary, HamiltonFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 24 SOMERSET AVENUE