54
$699,900
85 Ranchdale Drive, Hamilton, ON L8V 2L9
Thorner
3 bd
2 ba
700 sf
4
4 months on marketMLS® X13054974
Thorner · L8W 1A2
$749,900
$682 / sq ft6 days on market
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$699,900
Thorner
Discover a rare investment opportunity in a prime Hamilton Mountain location. Complete with drawings for three future triplexes for a total of 9 income producing units. This property combines immediate potential rental income with exceptional development potential, offering the best of both worlds for savvy investors or visionaries ready to build. The existing 4-bedroom home has been thoughtfully updated, blending functionality with inviting, contemporary charm. The bright, open layout includes a spacious living area, a well-equipped kitchen with generous cabinetry, and a finished loft perfect for a home office, studio, or creative retreat. With three-car parking plus a garage, there's no shortage of space for family or tenants alike. The lower level provides additional flex space, ideal for a potential second unit. Conveniently located just minutes from the LINC, public transit, schools, shopping, and major amenities, this property is perfectly positioned for both comfort and connectivity. Previously rented for $2,616.25 per month, it can deliver strong, steady cash flow while offering the exciting prospect of a multi-residential future. Whether you choose to hold, enhance, or build, this is an address where opportunity meets potential.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 36% of comparable detached listings in Hamilton are asking less.
Based on 96 comparable active detached listings in Hamilton. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $749,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.