Nathan Olsen

Sales Representative

Contact Nathan Olsen

What do you want to do next?

Buy a Home Sell my Home

198 BERKO Avenue, Hamilton, Ontario

$799,900

5 Beds
2 Baths
1,850 Square Feet

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 (id:57624)

Listing ID: 40747370
Property Type: Single Family
Year Built: 1964

View Additional Photos

Schedule a Tour

Don't have a real estate agent? Use the calendar to schedule a showing with Nathan Olsen to view this property.

Schedule Private Tour

Nathan Olsen would happily provide a private viewing if you would like to schedule a tour.

Match your Lifestyle with your Home

Contact Nathan Olsen, who specializes in Hamilton real estate, on how to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let Nathan Olsen find a property to match your lifestyle.

Rooms

Level	Type	Dimensions
Living room	Basement	1'0'' x 1'0''
Bedroom	Basement	1'0'' x 1'0''
Bedroom	Basement	1'0'' x 1'0''
4pc Bathroom	Basement	1'0'' x 1'0''
Kitchen	Basement	1'0'' x 1'0''
Bedroom	Main level	1'0'' x 1'0''
Bedroom	Main level	1'0'' x 1'0''
Living room	Main level	1'0'' x 1'0''
Kitchen	Main level	1'0'' x 1'0''
4pc Bathroom	Main level	1'0'' x 1'0''
Bedroom	Main level	1'0'' x 1'0''

Details

Architectural Style: Bungalow
Amenities Nearby: Place of Worship, Public Transit, Schools
Community Features: School Bus
Ownership: Freehold
Parking Spaces: 4
Transaction: For sale
Zoning Description: C

Building

Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer, Hood Fan
Architectural Style: Bungalow
BasementType: Full (Finished)
Basement Development: Finished
Bedrooms Main Level: 3
Bedrooms Lower Level: 2
Constructed Date: 1964
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Brick, Brick Veneer, Stone
Fireplace Present: False
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1850 sqft
Stories Total: 1
Type: House
Utility Water: Municipal water

Land

Amenities: Place of Worship, Public Transit, Schools
Sewer: Municipal sewage system
Size Frontage: 44 ft

Listing provided by Revel Realty Inc.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 198 BERKO Avenue in Hamilton Ontario. It was last modified on July 3rd, 2025. Contact Nathan Olsen to schedule a viewing or to discover other Hamilton real estate for sale.

Request More Information

Want more information or schedule a showing? Request more information with Nathan Olsen, who specializes in Hamilton properties.

Terms of Use Agreement

Terms of Use
This website is operated by Nathan Olsen, a REALTOR® who is a member of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Nathan Olsen, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Nathan Olsen may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline