515 Berkindale Drive, Hamilton

$829,999
515 Berkindale Drive

$829,999

New
15d
DetachedBacksplit 4

515 Berkindale Drive, Hamilton

Total Monthly Obligation $4,148

HausQ Valuation Report
Beds
4
Baths
2
Park
2
Sqft
1500-2000
DOM
15d
Score
18
Yield
4.7%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-X13877476
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-38.53 × 100.56 ft
Listed on site-Oct 8, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$5,100 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Riverdale
Title-Residential Freehold

No agent assigned

Welcome home! This beautifully maintained 4-level backsplit is set in a mature, family-friendly area close to parks, schools, shopping and everyday conveniences. From the great curb appeal and beautifully landscaped yard to the attached garage, the pride of ownership is evident from the moment you arrive.Inside, you'll find an updated kitchen, renovated bathrooms, three spacious bedrooms upstairs and a bright family room that's perfect for relaxing or entertaining. The finished lower level adds even more flexibility with a large bedroom and plenty of storage - ideal for guests, a home office, gym or additional living space.Recent updates include the electrical panel (2026) and windows (2021), along with a built-in outdoor security system. Enjoy easy access to Eastgate Square, Queenston Road, parks, recreation and major commuter routes.Well maintained, move-in ready and offering great value. Come see why this one feels like home!

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$
%
%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$663,999
Land Transfer Taxes$13,075
Legal Fees (Est.)
$
Total cash required for closing$180,575

Total Monthly Obligation

$4,148/mo
Mortgage $3,348
Monthly Loss $3,267
Principal$881
Interest$2,467
Property Tax$425
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.4%1
5-Year IRR
9.0%29
10-Year IRR
9.8%
Returns Index
15.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$38,604/yr
NOI
$25,144/yr
Net Cash Flow
-$1,253/mo
Cash Margin
-38.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
20.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 515 Berkindale Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.