245 West Beaver Creek Rd #9B
(289)317-1288
198 Berko Avenue Hamilton, Ontario L8V 2R5
5 Bedroom
2 Bathroom
700 - 1100 sqft
Bungalow
Central Air Conditioning
Forced Air
$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:35762)
Property Details
| MLS® Number | X12369556 |
| Property Type | Multi-family |
| Neigbourhood | Lawfield |
| Community Name | Lawfield |
| Features | In-law Suite |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 5 |
| Age | 51 To 99 Years |
| Appliances | All |
| ArchitecturalStyle | Bungalow |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Stone |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 700 - 1100 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| Carport | |
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 114 Ft ,6 In |
| SizeFrontage | 44 Ft |
| SizeIrregular | 44 X 114.5 Ft |
| SizeTotalText | 44 X 114.5 Ft |
| ZoningDescription | R1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bathroom | 1 m | 1 m | 1 m x 1 m |
| Basement | Kitchen | 1 m | 1 m | 1 m x 1 m |
| Basement | Living Room | 1 m | 1 m | 1 m x 1 m |
| Basement | Bedroom | 1 m | 1 m | 1 m x 1 m |
| Basement | Bedroom | 1 m | 1 m | 1 m x 1 m |
| Main Level | Bedroom | 1 m | 1 m | 1 m x 1 m |
| Main Level | Bathroom | 1 m | 1 m | 1 m x 1 m |
| Main Level | Kitchen | 1 m | 1 m | 1 m x 1 m |
| Main Level | Living Room | 1 m | 1 m | 1 m x 1 m |
| Main Level | Bedroom | 1 m | 1 m | 1 m x 1 m |
| Main Level | Bedroom | 1 m | 1 m | 1 m x 1 m |
https://www.realtor.ca/real-estate/28789158/198-berko-avenue-hamilton-lawfield-lawfield
Interested?
Contact us for more information
Abdellah Majd
Salesperson
Revel Realty Inc.
69 John St South Unit 400a
Hamilton, Ontario L8N 2B9
69 John St South Unit 400a
Hamilton, Ontario L8N 2B9
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August 29 2025 03:52:19
Toronto Real Estate Board
Revel Realty Inc.
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