Looking for a home near Hamilton’s stunning waterfalls? With its natural beauty and outdoor lifestyle, Hamilton offers a variety of homes for sale and lease close to breathtaking falls like Albion Falls, Webster’s Falls, and Devil’s Punchbowl. Live near nature while staying connected to city conveniences.
198 Berko Avenue
Hamilton
L8V 2R5
$784,900
Residential Freehold
beds: 3+2
baths: 2.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X12369556
- Bedrooms:
- 3+2
- Bathrooms:
- 2
- Photos (38)
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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
- Property Type:
- Residential Freehold
- Property Sub Type:
- Duplex
- Home Style:
- Bungalow
- Approx. Age:
- 51-99
- Total Approx Floor Area:
- 700-1100
- Depth:
- 114'6½"
- Frontage:
- 44'⅛"
- Direction Faces:
- North
- Bedrooms:
- 3+2
- Bathrooms:
- 2.0
- Water supply:
- Municipal
- Kitchens:
- 2
- Kitchens in Basement:
- 1
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 2
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 9
- Zoning:
- R1
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Concrete Block
- Roof:
- Asphalt Shingle
- Basement:
- Full, Finished
- Fireplace/Stove:
- No
- Garage:
- Carport
- Garage Spaces:
- 0.0
- Parking Spaces:
- 4
- Total Parking Spaces:
- 4.0
- Family Room:
- No
- Possession Details:
- Flexible
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $5,060.33 / 2025
- Assessment:
- $- / -
- Hamilton
- Lawfield
- Hamilton
- In-Law Suite
- none
- All appliances
- Tenant belongings
- Brick, Stone
- Floor
- Type
- Size
- Other
- Main
- Bedroom
- 3'3" × 3'3"
- Main
- Kitchen
- 3'3" × 3'3"
- Main
- Living Room
- 3'3" × 3'3"
- Main
- Bedroom
- 3'3" × 3'3"
- Main
- Bedroom
- 3'3" × 3'3"
- Basement
- Kitchen
- 3'3" × 3'3"
- Basement
- Living Room
- 3'3" × 3'3"
- Basement
- Bedroom
- 3'3" × 3'3"
- Basement
- Bedroom
- 3'3" × 3'3"
- Floor
- Ensuite
- Pieces
- Other
- Main
- No
- 4
- 3'3" x 3'3" 4 Pc Bath
- Basement
- Yes
- 4
- 3'3" x 3'3" 4 Pc Ensuite
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Ensuite Laundry:
- No
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Listed by REVEL REALTY INC.
Data was last updated September 12, 2025 at 06:15 PM (UTC)
Area Statistics
- Listings on market:
- 26
- Avg list price:
- $777,450
- Min list price:
- $399,000
- Max list price:
- $1,499,000
- Avg days on market:
- 54
- Min days on market:
- 7
- Max days on market:
- 218
These statistics are generated based on the current listing's property type
and located in
Hamilton. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
powered by myRealPage.com
Why Live Near Hamilton’s Waterfalls?
Owning or leasing a home in a scenic location offers:
- Peaceful Surroundings – Experience the beauty of natural waterfalls and green spaces.
- Outdoor Activities – Enjoy hiking, biking, and conservation trails year-round.
- Convenience & Connectivity – Easy access to Hamilton’s downtown, shopping, and transit.
- Long-Term Value – Properties in nature-rich areas hold strong investment potential.
Top Scenic Communities in Hamilton
Webster’s Falls – Picturesque & Tranquil
This neighborhood is close to Spencer Gorge Conservation Area, offering homes near trails and parklands.
Albion Falls – Family-Friendly Living
Located in a suburban setting, this area features spacious homes with nearby parks and schools.
Devil’s Punchbowl – Unique Escarpment Views
Overlooking the Niagara Escarpment, this area provides a mix of modern and traditional homes.
Find Your Ideal Home in Hamilton
Browse available homes for sale and lease in these beautiful areas. Whether you’re looking for a family home, investment property, or rental, Hamilton has great options near nature.
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