aerial view of property and surrounding area with a nearby body of water and property parcel outlined Features: water view More Photos

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

    Est payment $12,960/mo
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    Views   1
    Time on Jump  69 day

    AI Summary *

    • Includes 12 detached cottages, each with kitchens and private washrooms.
    • Located by Rice Lake with stunning water views and ample frontage.
    • Four cottages have new roofs, adding value and security.
    • Riparian Rights allow for private dock installation for boating access.
    • Ideal location near restaurants, parks, trails, and easy highway access.




    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 IDX12719650
    Address5026 Rice Lake Drive
    CityHamilton Township, Ontario
    Price$2,698,888
    Bed / Bath16 / 12 Full
    StyleBungalow, Detached
    ConstructionVinyl Siding
    TypeResidential
    StatusFor Sale

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

    Parking 14.00
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    Listing Agency:  HOMELIFE LANDMARK REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    5026 Rice Lake Drive
    Hamilton Township , Ontario
    16 12 $2,698,888
    Get more info