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Listed 7 days ago

7 Berko Avenue

Lawfield, Hamilton

$699,000

Detached|Backsplit 3
3 | 2 | 3
About this home

Welcome to 7 Berko Ave! Beautiful 3-Level Backsplit Located in the Highly Desirable Lawfield Community! Approx $100K Spent on Renovations! Featuring Stunning 3 Bedrooms 2 Full Bathrooms w/Extensively Spacious Nanny/In-Law Suite! Enhanced Basement w/ Newer Floors, Trims, Drywall, Framing & Very Naturally Lite Laundry Room. Gorgeously Bright Modern Kitchen w/ Upgraded Family Sized Breakfast Area, Stainless Steel Appliances w/ Gas Stove, Counters, Cabinets, Backsplash, Laminate Floors & Pot Lights! Newer Windows & Stairs. No Carpets Thru-Out!!! Step Out via Side Entrance to Your Large Sunny Backyard w/ Lots of Space to Enjoy the Outdoor Patio, Gardening or BBQ! Minutes to Lawfield Elementary School, Lawfield Arena & Brief Drive to the Lincoln Alexander Parkway, Limeridge Mall, Grocery Stores & Everyday Amenities! Just Move in & Enjoy this Exquisite Family Home!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBacksplit 3
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,622
Lot Size60 ft x 100 ft
mls© NumberX13665572
Listed ByRE/MAX PROFESSIONALS 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%
$3,578
Property tax
$468
Heat allowance
$150
Housing costs
$4,196 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$129,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

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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