aerial view of property and surrounding area featuring a nearby body of water and property parcel outlined Features: water view

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drone / aerial view of a nearby body of water and a forest Features: forest view, water view

drone / aerial view of a nearby body of water Features: water view

aerial perspective of suburban area with a nearby body of water Features: water view, residential view

dock area with a water view Features: dock, water view

dock featuring a water view Features: water view, dock

bird's eye view of a forest and a large body of water Features: water view, forest view, residential view

aerial perspective of suburban area Features: residential view

view of property location featuring a nearby body of water and property parcel outlined Features: water view

aerial view of property's location featuring property boundaries highlighted Features: residential view

aerial view of residential area with a nearby body of water Features: residential view, water view

back of house with a yard, a wooden deck, and stairway Features: lawn, deck

wooden deck with a water view and a lawn Features: porch, lawn, water view

wooden porch featuring a water view Features: water view, porch, lawn

porch with a lawn Features: deck, lawn, porch

view of front of property featuring a front yard and covered porch Features: lawn, porch

wooden deck featuring a water view Features: deck, water view

view of front of home featuring a porch and a front yard Features: lawn, porch

deck with a grill Features: porch, grill

porch featuring a water view Features: water view, porch, lawn

kitchen featuring a skylight, backsplash, light countertops, light wood-style flooring, and healthy amount of natural light Features: range oven, natural light, skylight, sink, hardwood floor, backsplash, l shaped kitchen, shaker cabinets, ceiling fan, refrigerator, microwave, countertops, medium brown cabinets

kitchen featuring stainless steel appliances, light countertops, backsplash, a skylight, and light wood-style flooring Features: sink, backsplash, range oven, refrigerator, countertops, hardwood floor, skylight, light brown cabinets, one wall kitchen, microwave, shaker cabinets, natural light

bedroom featuring ceiling fan and wood finished floors Features: hardwood floor, natural light, ceiling fan

bedroom featuring a ceiling fan and wood finished floors Features: natural light, ceiling fan, hardwood floor

full bathroom featuring tile walls, vanity, a shower stall, and crown molding Features: tile wall, crown molding, natural light, mirror, sink, toilet, shower, vanity

living area featuring a skylight and light tile patterned flooring Features: tile floor, skylight, refrigerator, natural light, tv, smoke carbon monoxide detector

full bath featuring a stall shower and tile patterned floors Features: natural light, mirror, tile floor, shower, sink, toilet

living room with a skylight, light tile patterned floors, and recessed lighting Features: natural light, tile floor, sink, microwave, range oven, refrigerator, smoke carbon monoxide detector, skylight

living room with light wood-style flooring and a ceiling fan Features: hardwood floor, ceiling fan, natural light

sitting room featuring a ceiling fan, wood finished floors, and a water view Features: water view, ceiling fan, hardwood floor, natural light

living area with dark wood-type flooring Features: range oven, hardwood floor, natural light, refrigerator, tv, ceiling fan, microwave

living room with plenty of natural light, dark wood-style flooring, and cooling unit Features: dishwasher, refrigerator, range oven, hardwood floor, ceiling fan, window mounted ac, natural light, tv, u shaped kitchen, microwave

living area with attic access and hardwood / wood-style floors Features: tv, hardwood floor, natural light

full bath with a stall shower and vanity Features: vanity, toilet, mirror, shower, sink

kitchen featuring green cabinetry, white electric stove, stainless steel microwave, dark wood-style floors, and light countertops Features: natural light, ceiling fan, hardwood floor, raised cabinets, range oven, countertops, green cabinets, sink, visible hinge cabinets, microwave, tv

wooden porch featuring a water view and a lawn Features: water view, lawn, porch

living room featuring wood finished floors and a ceiling fan Features: hardwood floor, ceiling fan, natural light

living room with wood finished floors and a ceiling fan Features: ceiling fan, natural light, hardwood floor

living area featuring light wood finished floors and a water view Features: water view, hardwood floor, natural light

living room featuring light wood finished floors and ceiling fan Features: tv, hardwood floor, natural light, ceiling fan

view of grassy yard with a wooden deck Features: deck, lawn

rear view of property with a porch and a yard Features: lawn, porch

wooden deck featuring a yard Features: deck, water view, lawn

living room featuring wooden walls, wood finished floors, and a ceiling fan Features: natural light, hardwood floor, wood wall, ceiling fan, tv, sink, microwave, refrigerator, range oven

living room with wood finished floors, wooden walls, and ceiling fan Features: hardwood floor, ceiling fan, tv, wood wall, natural light

wooden terrace with a water view and a yard Features: water view, lawn

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For Sale - 5026 Rice Lake Drive, Hamilton Township, Ontario

5026 Rice Lake Drive

Hamilton Township , Ontario

9 12 $2,993,000

Est payment $14,836/mo

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Time on Jump 90 day

AI Summary *

Property includes 12 detached cottages, ideal for flexible use or rental.
Located by Rice Lake, perfect for enjoying sunrises and tranquil water views.
Four cottages have new roofs, providing added value and assurance.
Riparian Rights allow for private dock installation for boating access.
Close to restaurants, parks, and easy access to highways for convenience.

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Purchase Price

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Down Payment:
$ 149,650 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Property includeds12 detached cottages, 4 cottages with 2 bedrooms and 8 cottages with 1 bedroom, each equipped with its own kitchen, stove or cooking range, and private washroom with a shower. Situated right by rice lake with 257. 43 ft of frontage and 143. 44 ft of depth, where you can enjoy breathtaking sunrises, sunsets, and tranquil water views. Perfectly designed for flexible use, notably, 4 of the homes have new roofs, ensuring added value and peace of mind for the future owner. Heating is provided through space heaters. Adding to its unique appeal, the property has riparian rights, allowing for private dock installation within property limits. A dock is installed and removed annually at a cost of approximately $1500 ($750 to install & $750 for take out), providing convenient access for boating and waterfront activities. For those with a vision for development, this property also offers the potential to be transformed into a stunning townhouse community. Professionally designed plans for project are already available and can be provided to the buyer as a reference. Connections to experienced planner and architect teams can be arranged. Situated in an ideal location, you will be just a short walk from restaurants, parks, trails, the marina, and lcbo, and a quick drive to port hope, cobourg beach, and peterborough, with easy access to highways 401, 115, and 407. A short drive to kawartha downs casino and racetrack, peterborough casino, costco, walmart, and more. Hospital and clinics are just 17 minutes away, with easy access to highway 48. Outdoor enthusiasts will enjoy snowmobiling and ice fishing on the frozen rice lake during the winter months, and the picturesque northumberland forest is just nearby. This property truly offers endless opportunities. Whether you are seeking a retreat, rental investment, or development opportunity, it is an exceptional find.

Listing IDX11940998

Address5026 Rice Lake Drive

CityHamilton Township, Ontario

Price$2,993,000

Bed / Bath9 / 12 Full

StyleBungalow, Detached

ConstructionVinyl Siding

TypeResidential

StatusFor Sale

Extras

Subtype DetachedIndoor Features OtherAmenities Marina, Park, School, Waterfront, Clear ViewOwnership FreeholdViews LakeBasement NoneFoundation Concrete BlockHeating / Cooling OtherHeating Fuel OtherSewer Septic

Market Info

Parking 14.00

Listing Agency:
HOMELIFE LANDMARK REALTY INC.

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Listing Agency:
HOMELIFE LANDMARK REALTY INC.

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For Sale - 5026 Rice Lake Drive, Hamilton Township, Ontario

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