
665 RIDGE Road, Hamilton
Hamilton
$1,249,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
4
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,150/mo
Estimated from market price-to-rent ratios
Remarks
Perched atop the Niagara Escarpment on prestigious Ridge Road, this extraordinary 1848 stone home features a rare opportunity to own a piece of local history with breathtaking panoramic views of the Hamilton skyline and Lake Ontario. Set on nearly half an acre, this beautifully restored century home blends timeless craftsmanship with exceptional modern updates. Featuring 3 bedrooms, 2 bathrooms and a detached garage, the home showcases exposed stone walls, rich natural wood finishes, original architectural details, and an inviting warmth that simply cannot be recreated. Every renovation has been thoughtfully completed to preserve the home's historic charm while providing the comfort and efficiency of modern living. Extensive updates include electrical, plumbing, furnace, central air conditioning, windows, well, metal roof, siding, septic system, deck, beautifully renovated kitchen, heated bathroom floors, and a stunning primary suite with private ensuite. Wake up to spectacular sunrises over the city, enjoy your morning coffee overlooking Lake Ontario, or unwind in the peaceful backyard surrounded by nature. Whether entertaining guests or enjoying a quiet evening at home, the views are unforgettable from nearly every angle. Historic stone homes in locations like this are exceptionally rare. Combining nearly 180 years of character, extensive turnkey renovations, stunning escarpment views, and one of the area's ideal settings, this is far more than a home, it's a lifestyle. Experience Ridge Road living at its absolute finest.
MississaugaInvestor.ca
665 RIDGE Road
Detached · 3bd/2ba · ~1,300 sqft
$1,249,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.4%
Monthly Cash Flow
-$5,340/mo
Estimated Rent
$3,150/mo
Cash-on-Cash
-23.35%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,150 |
| Mortgage | −$5,753 |
| Property Tax | −$1,312 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,042 |
| Vacancy (5%) | −$158 |
| Cash Flow | -$5,340/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,800 |
| Vacancy (5%) | −$1,890 |
| Property Tax | −$15,749 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,499 |
| Annual NOI | $4,962 |
| Cap Rate | 0.4% |
Cash Required to Close
| Down Payment (20%) | $249,980 |
| Ontario Land Transfer Tax | $21,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $274,453 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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