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Listed 24 days ago

50 Berko Avenue

Lawfield, Hamilton

$629,900

Detached|Bungalow
3 | 2 | 2
About this home

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.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,801
Lot Size50 ft x 106.68 ft
mls© NumberX13773698
Listed ByRE/MAX ESCARPMENT REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,224
Property tax
$400
Heat allowance
$150
Housing costs
$3,774 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $125,980
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,651 / mo
Cash down
$125,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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