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43 Riesling Court

Gershome, Hamilton

$1,095,000

Detached|2-Storey
4 | 4 | 3
About this home

Executive 2-storey family home with 4+1 bedrooms and 3.5 bathrooms situated on a cul-de-sac! The beautiful exterior leads into a welcoming front foyer. Large windows, neutral tones, and tasteful flooring flow throughout, with recessed ceilings in all primary rooms on the main level adding elegance to the home's design. A lovely formal living room sits at the front of the home. The large gourmet kitchen offers ample cabinetry and counter space, a stylish backsplash, and a centre island, opening into the dining area with a backyard walkout. The beautiful family room features a built-in media wall with a fireplace and a coffered ceiling, making it the perfect room to relax or entertain. A powder room and a laundry room with an inside entry from the 1.5-car garage complete the main floor. Upstairs, you'll find the large primary suite with ample closet space and a 5-piece ensuite bathroom. Three additional spacious bedrooms and a second 5-piece bathroom complete the second floor. In the basement, there is a large recreation room with a fireplace, a fifth bedroom, a 3-piece bathroom, and abundant storage space. Perfect for relaxing outdoors, the backyard offers a patio and open green space. Close to amenities, shops, restaurants, schools, parks, and nature trails, with easy access to the Red Hill Valley Parkway, Lincoln M. Alexander Parkway, and the QEW Niagara and Toronto. Now's your chance to call this elegant house your new home! Property is being sold under Power of Sale. Sold as is, where is.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age6-15
Size2500-3000 sq. ft.
Property Tax$9,088
Lot Size30.35 ft x 0 ft
mls© NumberX13047660
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%
$5,605
Property tax
$757
Heat allowance
$150
Housing costs
$6,512 / mo

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

Down payment20% · $219,000
25-yr amortization

Income needed

$200,000

gross annual household income

Payment at 4%
$4,608 / mo
Cash down
$219,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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