420 Ridge Road, Hamilton, ON
Stoney Creek Mountain, Hamilton · MLS® X13442704
About this home
420 Ridge Road where the fortunes of the past meet the opportunity of the future on this idyllic 77+1- acre farm. Set atop the edge of the escarpment which offers panoramic views of the region this property offers a rare opportunity to own a large piece of property on one of Ontario's estately streets. It is conveniently located 5 minutes from downtown Stoney Creek, close in proximity to both city amenities and all major transportation routes. Step back in time as you explore the original red brick homestead full of character and awaiting a new owner. Complete with slate roof, five bedrooms and large verandas, this gem exudes warmth and charm. The thick beam hip roof barn is sturdy in construction with ample space and provides endless opportunities for a hobby farmer or agri-tourism venture. A steel insulated and heated outbuilding awaits, offering the perfect workshop with concrete floors, wood paneled horse stalls, hot and cold water, electric door entrance. Whether you're a crafts person, an artist, or horse enthusiast, this space is sure to inspire creativity and productivity. Outside large fenced in paddocks and well maintained pastures for grazing are ready to welcome your animals. Whether you're starting a small hobby farm or expanding your agricultural endeavors, this property has everything you need to make your vision a reality. Don't miss your opportunity to own a piece of this paradise at 420 Ridge Road, Stoney Creek Ontario
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X13442704
- Bedrooms
- 5
- Bathrooms
- 1
- Size
- 2000-2500
- Lot
- 286 × 2901 ft
- Cross streets
- Upper Centennial Parkway
- Parking
- 20 parking
- Driveway
- Private
- Basement
- Full, Unfinished
- Heating
- Forced Air
- A/C
- None
- Exterior
- Brick
- Foundation
- Stone
- Roof
- Slate
- Sewer
- Septic
- Property tax
- $2,768 / 2025
- Days on market
- 38
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
4 Pc Bath
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homes35 days longer than the Hamilton average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Stoney Creek Mountain, Hamilton, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $3,198,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,068
- Property tax
- $231
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $17,299
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $86,425
- Estimated closing costs
- $86,425
Plus your down payment of $799,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $1,024,071
- Principal paid down
- $407,317
- Interest paid
- $616,754
- Balance remaining
- $2,791,083
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.