$699,900 - 85 Ranchdale Drive, Hamilton
Detached for Sale in Hamilton
48 days on market- MLS Number
- X13054974
- Property Type
- Detached
- Status
- active
- Days on Site
- 48
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
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!
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Hamilton
Hamilton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Hamilton
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Hamilton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
85 Ranchdale Drive, Hamilton
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1000/sqft, this property is priced in line with current Hamilton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 48 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.