803 Ridge Road, Hamilton, ON

Rural Stoney Creek, Hamilton · MLS® X13489180

$2,890,000
For Sale
Listed 22 days ago
6Bedrooms
7Bathrooms
3Garage · 23 parking
3500-5000Sq Ft

About this home

Welcome to 803 Ridge Road, an extraordinary custom-built estate set on a private 0.81 acre escarpment lot with breathtaking views of Lake Ontario, the city, and the Toronto skyline. A gated entrance opens to a long, light-lined driveway, setting the tone for nearly 9,000 sq ft of finished luxury living. The grand foyer with soaring ceilings introduces elegant principal rooms, rich hardwood, custom details, and exceptional scale throughout. The open-concept kitchen and family room are anchored by a dramatic double-sided fireplace. The chef's kitchen offers extensive cabinetry, built-in desk area, premium appliances including a Capital 6-burner gas stove, Viking indoor barbecue, Miele deep fryer, Fisher Paykel dishwasher, Electrolux refrigerator, large Viking hood fan, and garden doors to the full-width rear patio. The family room showcases panoramic lake and skyline views, a second walkout, pot lights, and a built-in wet bar. The formal dining room, complete with fireplace, comfortably seats 18 and connects to a ventilated solarium, ideal as a cigar lounge or private retreat. A butler's pantry, mud room, office area, and updated powder room complete the main level. Upstairs, the primary retreat is entered through double doors and features a fireplace, private balcony, hidden wet bar with reverse osmosis, walk-in closet, and spa-inspired 7-pc ensuite. Three additional bedrooms each enjoy private ensuites, with two offering balconies overlooking the yard, lake, and skyline. The fully finished lower level offers a theatre room with 8 seats, projector, 130 inch screen and AV room, gym with mirrored walls, wine cellar, cedar closet, rec room/man cave with custom finishes, additional bedrooms, bathrooms, double laundry, and walk-up access. A 3-bay garage with car lifts, built-in speakers on each level, dumbwaiter, multiple HVAC systems, drilled well, cisterns, irrigation, and extensive updates complete this rare luxury offering minutes to major highways. Luxury Certified.

Key facts

Property type
Detached, 2-Storey
MLS®
X13489180
Bedrooms
6 (4 + 2)
Bathrooms
7 (1 half)
Size
3500-5000
Lot
110 × 326.49 ft
Cross streets
Fifth Road East
Parking
3 garage · 23 parking (attached)
Driveway
Private Triple, Private
Basement
Separate Entrance, Full, Walk-Up, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$16,793 / 2025
Days on market
22
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In the wider range
$2.84Mest. value

Listed at $2,890,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.88M, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $4.00M
  • Size difference −$474K
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $3.54M

That comparable adjusts to $3.54M; the $2.84M estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a more car-dependent spot, so buyers here typically drive. Opposite 715 HIGHWAY 8 is about a 12-minute walk away. Worth weighing if transit access matters to you.

List price
$2.55MGreat deal$3.17MOverpriced

Total price vs nearby homes. Fair value about $2.84M, median of 8 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Rural Stoney Creek · asking prices
$3.10Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

75 Ridge Road$4.00M43 Third Road$2.20M

The 2 closest active listings nearby.

See all comparable homes
2.89MThis home4.00M2.20MThis home vs active comparables
Live market pulseActive comparables in Rural Stoney Creek · median list $999K
$680this home / sqft
8active listings nearby
22days on market

This home lists 3% below the area average of $698/sqft.

20 days longer than the Hamilton average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Rural Stoney Creek, Hamilton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

14/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

🚉 Nearest transit: Opposite 715 HIGHWAY 8, about 948 m away

9 transit stops3 parks

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Stoney Creek
$917K
Parkview
$500K
Homeside
$593K
Delta
$729K
Binbrook
$948K

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

Affordability
$13,172/mo
$550KIncome needed
5.3×Price ÷ income
$3,040Weekly cost
20% down4.79%25-yr amortization

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.

90%mortgage
Mortgage $13,172Property tax $1,399Total carry $14,571

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,338per month

Mortgage amount $2,312,000 · 4.14% over 25 years

$578,000Down payment (20.0%)
$2,312,000Loan before insurance
$0CMHC premium
$13,737Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,338
Property tax
$1,399
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,737

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$58,725
Estimated closing costs
$58,725

Plus your down payment of $578,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,985/monthPayment at the qualifying rate

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

$1,389,307Total interest paid
$3,701,307Total of all payments
Principal $2,312,000 Interest $1,389,307
YearPrincipalInterestBalance
1$54,162$93,890$2,257,838
2$56,428$91,625$2,201,410
3$58,788$89,264$2,142,622
4$61,247$86,805$2,081,375
5$63,809$84,243$2,017,566
6$66,478$81,574$1,951,088
7$69,259$78,794$1,881,830
8$72,156$75,897$1,809,674
9$75,174$72,879$1,734,501
10$78,318$69,734$1,656,182
11$81,594$66,458$1,574,588
12$85,007$63,045$1,489,581
13$88,563$59,490$1,401,019
14$92,267$55,785$1,308,752
15$96,127$51,926$1,212,625
16$100,147$47,905$1,112,478
17$104,336$43,716$1,008,141
18$108,701$39,352$899,441
19$113,247$34,805$786,193
20$117,984$30,068$668,209
21$122,919$25,133$545,289
22$128,061$19,991$417,228
23$133,418$14,635$283,811
24$138,998$9,054$144,812
25$144,812$3,240$0

At the end of your 5-year term

Total paid over the term
$740,261
Principal paid down
$294,434
Interest paid
$445,828
Balance remaining
$2,017,566

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.

Let's connect

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

Rental yield
Estimate$7,350/mo
$88,200Gross annual rent
2.1%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

3.1%
Gross yield
− Property tax $16,793− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $60,305

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.

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