85 Ranchdale Drive, Hamilton

$699,900
85 Ranchdale Drive

$699,900

Extension
178d
DetachedBacksplit 4

85 Ranchdale Drive, Hamilton

Total Monthly Obligation $3,581

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
178d
Score
19
Yield
4.9%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X13054974
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 100 ft
Listed on site-Apr 28, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$4,596.16 (2025)
Parking-4 - Carport
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Thorner
Title-Residential Freehold

No agent assigned

Welcome to 85 Ranchdale Drive, nestled in the highly desirable Thorner neighbourhood on Hamilton Mountain-a peaceful, well-established pocket known for its quiet, tree-lined streets, mature greenery, and strong sense of community. This beautiful, bright, move-in-ready 4-levelbacksplit sits in a prime Central Mountain spot, surrounded by excellent schools, parks, libraries, and everyday conveniences. You're just minutes from Limeridge Mall and public transit, with quick access to the Lincoln Alexander Parkway for easy commutes. The home itself offers 3+1bedrooms and 2 full bathrooms across 1,053 sqft, with a fantastic layout perfect for growing families or multi-generational living. The main level boasts hardwood floors in the living and dining areas highlighted by soaring vaulted ceilings that create an open, airy feel. The bright, updated kitchen features granite countertops, stainless steel appliances, a stylish backsplash, and ample cabinet space-ideal for everyday meals or entertaining. Upstairs, the 3 spacious bedrooms include ceiling fans in the primary and secondary bedrooms plus plenty of closet space. The fully finished basement is a standout: potential for a versatile in-law suite or income opportunity with its own separate entrance, additional kitchenette, bathroom, laminate flooring, and large windows for natural light-rent it out to help offset your mortgage or welcome extended family. Outside, savor large front and back yards on a generous 50 x 100 ft corner lot lush with a gorgeous garden of mature trees and perennial flowers-perfect for relaxing, gardening, or playtime. Ample parking is a breeze with a private double driveway and carport. This move-in-ready gem is full of potential-your dream home in one of Hamilton Mountain's most sought-after family neighbourhoods awaits!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,581/mo
Mortgage $2,823
Monthly Loss $2,838
Principal$743
Interest$2,080
Property Tax$383
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.4%31
10-Year IRR
10.1%
Returns Index
16.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,428/yr
NOI
$21,889/yr
Net Cash Flow
-$999/mo
Cash Margin
-34.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 85 Ranchdale Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.