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Listed 3 months ago

27 Riesling Court

Gershome, Hamilton

$1,189,000

Detached|2-Storey
4 | 4 | 6
About this home

Discover this impressive 4-bedroom, 4-bathroom residence nestled in one of East Hamilton's most sought-after communities. Designed with both comfort and functionality in mind, this spacious home showcases soaring ceilings and hardwood flooring throughout the main level, creating an elegant and inviting atmosphere. Generously sized principal rooms provide plenty of space for family living and effortless entertaining. At the heart of the home, the well-appointed kitchen offers abundant cabinetry, extensive counter space, and seamless sight-lines to the bright and welcoming living areas. The upper level features four large bedrooms, highlighted by a spacious primary suite complete with a walk-in closet and a luxurious 5-piece ensuite bath. The fully finished basement adds valuable living space and includes a separate entrance, expansive recreation area, and an additional bathroom, offering versatility for a variety of needs. Step outside from the main living area to enjoy a private composite deck overlooking a fully fenced backyard. With no rear neighbours and direct views of green space, this outdoor setting provides exceptional privacy and tranquility. Conveniently located near schools, parks, shopping, and everyday amenities, this is a rare opportunity to own a substantial family home in a highly desirable location. Taxes estimated as per city's website. Property is being sold under Power of Sale. Sold as is, where is. RSA.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$9,618
Lot Size42.68 ft x 105.74 ft
mls© NumberX13215220
Listed BySOLID ROCK 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%
$6,086
Property tax
$802
Heat allowance
$150
Housing costs
$7,037 / mo

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

Down payment20% · $237,800
25-yr amortization

Income needed

$217,000

gross annual household income

Payment at 4%
$5,004 / mo
Cash down
$237,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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