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Listed 3 months ago

48 Nashville Circle

Gershome, Hamilton

$994,000

Detached|2-Storey
3 | 5 | 4
About this home

LEGAL SECOND DWELLING Plus INLAW SUITE - Welcome to 48 Nashville Circle - where luxury design meets smart living in the heart of Hamilton's desirable Gershome community. From the moment you step inside, the dramatic 20-ft cathedral ceilings and striking modern finishes create an unforgettable first impression. Thoughtfully renovated from top to bottom, this detached home features new flooring on the main level, upgraded stairs with elegant wrought iron spindles, and beautifully redesigned bathrooms with upscale finishes. At the centre of the home is a stunning chef-inspired kitchen designed to impress, complete with a gas cooktop, double wall ovens, double sinks, custom built-in waste cabinetry, sleek quartz countertops, and a show stopping waterfall island perfect for entertaining. What truly sets this property apart is its incredible versatility and income potential. The lower level features a legal 2-bedroom apartment with separate entrance, (certificate from City for legal second dwelling is available for review) plus an additional private bedroom with its own ensuite - ideal for multi-generational living, a nanny suite, guest quarters, or maximizing rental income opportunities. Nestled in the highly sought-after Gershome neighbourhood, you're just minutes from scenic escarpment trails, parks, schools, shopping, restaurants, GO Transit, Red Hill Valley Parkway, and major highways. Whether you're searching for a stylish forever home, an investment opportunity, or the perfect blend of both - 48 Nashville Circle delivers lifestyle, luxury, and flexibility all in one exceptional package.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,231
Lot Size39.37 ft x 98.42 ft
mls© NumberX13206362
Listed ByLPT REALTY

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%
$5,088
Property tax
$603
Heat allowance
$150
Housing costs
$5,840 / mo

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

Down payment20% · $198,800
25-yr amortization

Income needed

$180,000

gross annual household income

Payment at 4%
$4,183 / mo
Cash down
$198,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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