515 Berkindale Drive, Hamilton, ON

Riverdale, Hamilton · MLS® X13588852

$849,999
For Sale
Listed 63 days agoNo offer date stated
Request a showing
◎ Directions
3+1Bedrooms
2Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Exceptional opportunity to own this meticulously maintained 4-level backsplit with outstanding curb appeal, an attached garage, and beautifully landscaped grounds.
  • Pride of ownership is evident throughout this move-in-ready home, featuring an updated kitchen, renovated bathrooms, three spacious upper-level bedrooms, and a...
  • Offering the perfect blend of style, functionality, and space, this turnkey home is ideally located close to parks, schools, shopping, and everyday amenities.
  • Electrical panel (2026), Windows (2021) and built in outdoor security system included.

Your search stops here! Exceptional opportunity to own this meticulously maintained 4-level backsplit with outstanding curb appeal, an attached garage, and beautifully landscaped grounds. Pride of ownership is evident throughout this move-in-ready home, featuring an updated kitchen, renovated bathrooms, three spacious upper-level bedrooms, and a bright, inviting family room that's perfect for everyday living and entertaining. The finished lower level offers a large bedroom and ample storage, providing flexible space for extended family, guests, a home office, or recreation. Offering the perfect blend of style, functionality, and space, this turnkey home is ideally located close to parks, schools, shopping, and everyday amenities. Electrical panel (2026), Windows (2021) and built in outdoor security system included. An opportunity you won't want to miss!

Key facts

Property type
Detached, Backsplit 4
MLS®
X13588852
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1500-2000 sq ft
Lot
38.53 × 100.56 ft
Cross streets
Donn Ave & Berkindale Dr
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$5,100 / 2026
Days on market
63
Listing brokerage
RE/MAX WEST REALTY INC.
Our TakeTeam Asgarian · Broker
In line with recent sales
$904Kautomated estimate, from recent sales

Listed at $849,999, about 6% below our estimate of $904K (homes like it typically land between $847K and $947K).

List price
$847KBelow our range$947KAbove our range

Total price vs nearby homes. Fair value about $904K, learned from recent GTA sales.

The market behind the math:

3sold nearby · 90 days
63days on market so far
$2,928/moest. rent · 6 leases
4.1%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 7 months of inventory: 7 detached homes for sale in the area against 3 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $486/sqft against an area asking average of $552/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $726K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Riverdale, so I widened the search to the surrounding area.

Based on 13 comparable homes that sold in Riverdale over the past two years, from 31 closings there.

What sellers nearby are askingCurrently listed nearby in Riverdale · asking prices
$813kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $904K, which is where my estimate comes from.

Per square foot, these ask about $479/sqft; this home lists at $486/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
850kThis home830k850k700k739k948kThis home vs active comparables

Neighbourhood & location

Riverdale, Hamilton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Stoney Creek
$726K
Stoney Creek Mountain
$872K
Delta
$700K
Crown Point
$470K
Raleigh
$500K

Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$3,874/mo
$165KIncome needed
5.2×Price ÷ income
$894Weekly cost
$13,475Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

90%mortgage
Mortgage $3,874Property tax $425Total carry $4,299

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,722per month

Mortgage amount $679,999 · 4.39% over 25 years

$170,000Down payment (20.0%)
$679,999Loan before insurance
$0CMHC premium
$4,147Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,722
Property tax
$425
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,147

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$13,475
Estimated closing costs
$13,475

Plus your down payment of $170,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$4,510/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$436,643Total interest paid
$1,116,642Total of all payments
Principal $679,999 Interest $436,643
YearPrincipalInterestBalance
1$15,388$29,278$664,612
2$16,070$28,595$648,541
3$16,784$27,882$631,757
4$17,529$27,137$614,229
5$18,307$26,359$595,922
6$19,119$25,547$576,803
7$19,968$24,698$556,836
8$20,854$23,812$535,982
9$21,779$22,886$514,203
10$22,746$21,920$491,457
11$23,755$20,910$467,701
12$24,810$19,856$442,892
13$25,911$18,755$416,981
14$27,061$17,605$389,920
15$28,262$16,404$361,658
16$29,516$15,150$332,142
17$30,826$13,840$301,316
18$32,194$12,472$269,122
19$33,623$11,043$235,499
20$35,115$9,550$200,384
21$36,674$7,992$163,710
22$38,301$6,364$125,409
23$40,001$4,664$85,407
24$41,777$2,889$43,631
25$43,631$1,035$0

At the end of your 5-year term

Total paid over the term
$223,328
Principal paid down
$84,077
Interest paid
$139,252
Balance remaining
$595,922

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 6 whole-home leases in Riverdale$2,928/mo
$35,136Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,693 to $3,375Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 6 whole-home leases in Riverdale signed at a median of $3,200 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,928. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.1%
Gross yield
− Property tax $5,100− Insurance $1,400− Vacancy & upkeep $3,865Net operating income $24,771

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.

CallRequest a showing