43 Riesling Court, Hamilton, ON

Gershome, Hamilton · MLS® X13047660

$1,095,000
For Sale
Listed 81 days ago
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5Bedrooms
4Bathrooms
15Garage · 3 parking
2500-3000Sq Ft

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!

Key facts

Property type
Detached, 2-Storey
MLS®
X13047660
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
2500-3000
Lot
< .50 ac
Cross streets
Nashville Circle
Parking
15 garage · 3 parking (attached)
Driveway
Inside Entry, Private Double
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,088 / 2026
Days on market
81
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

BedroomSecond4.75 × 3.61 m
BathroomBasement1.73 × 2.49 m

3 Pc Bath

LaundryMain1.63 × 2.24 m
BedroomSecond3.63 × 4.50 m
BathroomSecond4.47 × 2.36 m

5 Pc Ensuite

Dining RoomMain4.62 × 4.17 m
Primary BedroomSecond7.26 × 4.50 m

Walk-In Closet(s)

BedroomSecond3.94 × 3.35 m
RecreationBasement8.76 × 4.14 m

Fireplace

Living RoomMain3.86 × 3.35 m
BathroomSecond3.12 × 2.95 m

5 Pc Bath

Family RoomMain4.62 × 5.84 m

Fireplace

BathroomMain1.98 × 0.86 m

2 Pc Bath

BedroomBasement4.04 × 4.24 m
Utility RoomBasement5.79 × 3.33 m
KitchenMain4.44 × 3.28 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.33Mest. value

Listed at $1,095,000, this home is about 18% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

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

Based on 17 similar homes nearby, adjusted for size, beds, and baths.Median of 17 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.44M, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.37M
  • Bedrooms +$30K
  • Adjusts to $1.40M

That comparable adjusts to $1.40M; the $1.33M estimate above is the median of all 17 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. GREENHILL at TOMMAR is about a 3-minute walk away.

List price
$1.09MGreat deal$1.43MOverpriced

Total price vs nearby homes. Fair value about $1.33M, median of 17 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Gershome · asking prices
$1.17Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

36 Tommar Place$1.05M137 National Drive$899k48 Nashville Circle$994k70 Webster Road$1.75M

The 4 closest active listings nearby.

See all comparable homes
1.09MThis home1.05M899k994k1.75MThis home vs active comparables
Live market pulseActive comparables in Gershome · median list $1.05M
$398this home / sqft
6active listings nearby
81days on market

This home lists 12% below the area average of $453/sqft.

79 days longer than the Hamilton average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Gershome, 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.

Getting around

52/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: GREENHILL at TOMMAR, about 206 m away

20+ transit stops20+ dining20+ parks10 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Stoney Creek
$917K
Homeside
$593K
Delta
$729K
Parkview
$500K
Gibson
$670K

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
$4,991/mo
$219KIncome needed
5.0×Price ÷ income
$1,152Weekly cost
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.

87%mortgage
Mortgage $4,991Property tax $757Total carry $5,748

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,675per month

Mortgage amount $876,000 · 4.14% over 25 years

$219,000Down payment (20.0%)
$876,000Loan before insurance
$0CMHC premium
$5,432Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,675
Property tax
$757
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,432

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

One-time closing costs

Ontario land transfer tax
$18,375
Estimated closing costs
$18,375

Plus your down payment of $219,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,678/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

$526,398Total interest paid
$1,402,398Total of all payments
Principal $876,000 Interest $526,398
YearPrincipalInterestBalance
1$20,522$35,574$855,478
2$21,380$34,716$834,098
3$22,274$33,822$811,824
4$23,206$32,890$788,618
5$24,177$31,919$764,441
6$25,188$30,908$739,253
7$26,242$29,854$713,012
8$27,339$28,757$685,672
9$28,483$27,613$657,190
10$29,674$26,422$627,515
11$30,915$25,181$596,600
12$32,209$23,887$564,392
13$33,556$22,540$530,836
14$34,959$21,137$495,876
15$36,422$19,674$459,455
16$37,945$18,151$421,510
17$39,532$16,564$381,977
18$41,186$14,910$340,791
19$42,909$13,187$297,883
20$44,703$11,393$253,179
21$46,573$9,523$206,606
22$48,521$7,575$158,085
23$50,551$5,545$107,534
24$52,665$3,430$54,868
25$54,868$1,228$0

At the end of your 5-year term

Total paid over the term
$280,480
Principal paid down
$111,559
Interest paid
$168,921
Balance remaining
$764,441

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
Estimate$5,250/mo
$63,000Gross annual rent
4.2%Est. cap rate

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.8%
Gross yield
− Property tax $9,088− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $45,582

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

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