167 Berkindale Drive, Hamilton

Price: $699,900

5 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: X13635750

Welcome to 167 Berkindale Drive - A Rare Multigenerational Opportunity in Stoney Creek! Lovingly cared for by the same family for over 38 years, this semi-detached back-split offers exceptional flexibility for first-time buyers and multigenerational families alike. The main and upper levels feature 3 bedrooms and 1 bath, complemented by an updated kitchen and fresh paint throughout. Downstairs, a self-contained in-law suite with a separate entrance offers 2 bright, light-filled bedrooms, a full kitchen, and a spacious living room, ideal for extended family, income potential or additional living space. Step outside to a private backyard retreat complete with a shed, hot tub, and generous green space, perfect for relaxing or entertaining. Located in a fantastic Stoney Creek neighbourhood close to schools, parks, shopping, and highway access. This is a home that truly grows with you!

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$699,900 - 167 Berkindale Drive, Hamilton

Semi-Detached for Sale in Hamilton

Neighbourhood: Riverdale

5Beds
2Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
X13635750
Property Type
Semi-Detached
Status
active
Days on Site
19
Bedrooms
5
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hamilton
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Welcome to 167 Berkindale Drive - A Rare Multigenerational Opportunity in Stoney Creek! Lovingly cared for by the same family for over 38 years, this semi-detached back-split offers exceptional flexibility for first-time buyers and multigenerational families alike. The main and upper levels feature 3 bedrooms and 1 bath, complemented by an updated kitchen and fresh paint throughout. Downstairs, a self-contained in-law suite with a separate entrance offers 2 bright, light-filled bedrooms, a full kitchen, and a spacious living room, ideal for extended family, income potential or additional living space. Step outside to a private backyard retreat complete with a shed, hot tub, and generous green space, perfect for relaxing or entertaining. Located in a fantastic Stoney Creek neighbourhood close to schools, parks, shopping, and highway access. This is a home that truly grows with you!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

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5%10%50%

5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Riverdale

Discover Riverdale

Riverdale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Riverdale

  • Convenient location in Hamilton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Riverdale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

167 Berkindale Drive, Hamilton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,958

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $467/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Hamilton.

About Riverdale

I know Riverdale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    167 Berkindale Drive, Hamilton | $699,900 | Battaglia Team