$ 784,900
Ontario Hamilton Gurnett
38 Photos
Bathroom - 198 Berko Avenue, Hamilton, ON L8V2R5 Photo 2
Bathroom - 198 Berko Avenue, Hamilton, ON L8V2R5 Photo 3
Kitchen - 198 Berko Avenue, Hamilton, ON L8V2R5 Photo 4
Living room - 198 Berko Avenue, Hamilton, ON L8V2R5 Photo 5

198 Berko Avenue, Hamilton

  • Bedrooms: 5
  • Bathrooms: 2
  • Added: 1 week ago
  • Updated: 1 week ago
  • Last Checked: 1 week ago
  • Listed by: REVEL REALTY INC.
  • View All Photos

Listing description
This Other at 198 Berko Avenue Hamilton, ON with the MLS Number x12369556 listed by ABDELLAH MAJD - REVEL REALTY INC. on the Hamilton market 1 week ago at $784,900.

LEGAL two family investment property on the highly sought after East Hamilton Mountain! Completely redone/built-out in 2023, 198 Berko Avenue offers a 3+2 bedroom suite mix (with 1 full bath per) generating $4665 in monthly gross rents with all utilities passed on to the AAA tenants! Furthermore, property features include large floor-plans (with enclosed porch), generous 44x114 lot, ample parking, separate hydro meters and operating at a true 5.5% cap rate. Yield calculation includes a 20% down payment, 30 year amortization, at a 4.5% interest rate with 8% in monthly contingencies (3% vacancy, 5% maintenance) while maintaining a few hundred dollars in positive cash-flow. A safe investment in a premier rental area across the street from green space with shopping and highway access nearby! Legal basement suite professionally converted by 555 Construction Management Inc & managed by local Property Management Company- Total Property Solutions. A very complete and sound investment opportunity. Rents well above market value due to management (id:1945)
Property Details Key information about 198 Berko Avenue
  • Cooling: Central air conditioning
  • Heating:
    • Forced air
    • Natural gas
  • Structure Type: Duplex
  • Exterior Features:
    • Brick
    • Stone
  • Architectural Style: Bungalow
Interior Features Discover the interior design and amenities
  • Basement:
    • Finished
    • Full
  • Appliances: All
Exterior & Lot Features Learn about the exterior and lot specifics of 198 Berko Avenue
  • Water Source: Municipal water
  • Parking Features:
    • Carport
    • No Garage
  • Lot Size Dimensions: 44 x 114.5 FT
Utilities & Systems Review utilities and system installations
  • Sewer: Sanitary sewer
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Nearby Listings Stat Estimated price and comparable properties near 198 Berko Avenue

Active listings
32
Min Price
$550,000
Max Price
$869,000
Avg Price
$775,089
Days on Market
41 days
Sold listings
31
Min Sold Price
$599,900
Max Sold Price
$899,888
Avg Sold Price
$788,542
Days until Sold
39 days

Nearby Places Nearby schools and amenities around 198 Berko Avenue

Barton Secondary School (0.4 km)
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Guido De Bres Christian High School (2.3 km)
420 Crerar Dr, Hamilton

Goodness Me! (0.3 km)
1000 Upper Gage Ave, Hamilton

Lime Ridge Mall (1.2 km)
999 Upper Wentworth St, Hamilton

Mohawk Sports Park (2.3 km)
1100 Mohawk Rd E, Hamilton

Juravinski Cancer Centre (2.7 km)
699 Concession St, Hamilton

Howard Johnson Hamilton (3.3 km)
1187 Upper James St, Hamilton

Turtle Jack's Muskoka Grill (3.3 km)
1180 Upper James St, Hamilton

Price History

August 29, 2025
by REVEL REALTY INC.
$784,900
198 Berko Avenue
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