Size
-
Lot size
-
Street frontage
-
Possession
2025-08-01
Price per sqft
$727 - $1,143
Taxes
$5,060 (2025)
Parking Type
-
Style
Bungalow
See what's nearby
Description
two family investment property on the highly sought after East HamiltonMountain! Completely redone/built-out in 2023, 198 Berko Avenue offers a 3+2bedroom suite mix (with 1 full bath per) generating $4665 in monthly gross rentswith all utilities passed on to the AAA tenants! Furthermore, property featuresinclude large floor-plans (with enclosed porch), generous 44x114 lot, ampleparking, separate hydro meters and operating at a true 5.5% cap rate. Yieldcalculation includes a 20% down payment, 30 year amortization, at a 4.5% interestrate with 8% in monthly contingencies (3% vacancy, 5% maintenance) whilemaintaining a few hundred dollars in positive cash-flow. A safe investment in apremier rental area across the street from green space with shopping and highwayaccess nearby! Legal basement suite professionally converted by 555 ConstructionManagement Inc & managed by local Property Management Company- Total PropertySolutions. A very complete and sound investment opportunity!
Broker: REVEL REALTY INC.
MLS®#: X12258500
Property details
Parking:
4
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Bungalow
MLS Size:
700-1100 sqft
Lot front:
44 Ft
Lot depth:
114 Ft
Listed on:
Jul 3, 2025
Show all details
Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Main | Kitchen | 3.3 x 3.3 ft | |
Main | Bathroom | 3.3 x 3.3 ft | |
Basement | Bedroom | 3.3 x 3.3 ft |
Show all
Instant estimate:
Not Available
Insufficient data to provide an accurate estimate
i
High-
Mid-
Low-
Have a home? See what it's worth with an instant estimate
Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.