$599,900

For saleJust listed

50 BERKO Avenue, Hamilton - Single Family for Sale

50 BERKO Avenue, Hamilton, Ontario, L8V2R2

4 beds2 baths2 parking1,858 ft²Listed 2 days ago

Overview

This 4-bedroom, 2-bathroom home in Hamilton is for sale offering roughly 1,858 sq ft of space. Listed at $599,900, it is attractively priced about 20% below the $749,900 median asking price in Hamilton. It has been on the market 2 days, fresher than the Hamilton average of 65 days.

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Description

Desirable East Mountain Location! All Brick Bungalow Featuring In Law Suite with Separate Entrance. Offering 3+1 Bedrooms, 2 Full Baths. Eat in Kitchen. Bright & Spacious Open Concept Living Room/Dining Room. Automatic Blinds in Kitchen & Dining Room. Hardwood Flooring Under Carpet in Living Room, Bedrooms & Hallway. Main Floor Walk Out to Deck Overlooking Spacious Fenced in Backyard with Concrete Patio Areas, Shed & Gas BBQ Hook Up. Lower Level Recreation Room with Gas Fireplace Open to Kitchen, 4th Bedroom & 3 Piece Bathroom. Thermal Windows. Covered Front Porch. 100 AMP Breakers. Backflow Valve. Central Air. Central Vacuum. Parking for 2 Cars. Steps to Lawfield Elementary School, Bill Friday Lawfield Arena, Lawfield Park/Pickleball/Soccer Field/Track & Public Transit! Just Minutes to Limeridge Mall, Shopping, Restaurants, Juravinski Hospital & Quick Access to the LINC, Red Hill Parkway & QEW for Easy Commuting! Room Sizes Approximate & Irregular. (id:66096)

Property Details

MLS®: 40875856
Property Type: Single Family
Zoning: R1
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,858 ft²
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Ownership: Freehold
Property Tax: $4,800.72/yr
Listed: 2 days ago

Rooms

Basement

Cold room: 4'6'' x 5'1''
Laundry room
Utility room: 11'5'' x 20'0''
3pc Bathroom: 4'0'' x 7'8''
Bedroom: 10'0'' x 8'4''
Kitchen: 7'6'' x 13'0''
Recreation room: 12'0'' x 26'4''
Foyer: 6'9'' x 14'8''

Main level

Bedroom: 11'6'' x 8'0''
3pc Bathroom: 8'0'' x 7'2''
Bedroom

Features

Appliances: Washer, Central Vacuum, Dryer, Microwave
Foundation: Block
Exterior: Brick
Lot Features: Paved driveway, In-Law Suite

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Hamilton listings, avg age

65d

Price / ft²

$323

List price

$600K

Haho

This 4-bed single family in Hamilton has been listed for 2 days, which is 63 days fresher than the city average of 65. Act while there is still low competition.

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Listed by RE/MAX Escarpment Realty Inc. · Kimberly Ehler

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8V)

This home lists at $599,900, about 8.8× the local median household income of $68,500.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 71% above the area median.

Median household income: $68,500
Population: 21,165
Median age: 44.4
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L8V)

$599,900· $323/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$400/mo

Total monthly$3,532

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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