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5026 Rice Lake Dr

Hamilton Township, ON K0L 1E0
  • $3,193,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: X11940998
UPDATED: 184 min ago
$3,193,000
  • 9
    BEDS
  • N/A
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Single-Family Home
County:

School Ratings & Info

Description

This incredible property offers a one-of-a-kind opportunity with 257.43 ft of frontage and 143.44 ft of depth, situated right by Rice Lake, where you can enjoy breathtaking sunrises, sunsets, and tranquil water views. Perfectly designed for flexible use, the property features 12 detached cottages, including 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. 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. Additionally, 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 brings you to Kawartha Downs Casino and Racetrack, Peterborough Casino, Costco, Walmart, and more. The 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.

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Listing information © 2025 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or The Neil McIntyre Real Estate Team | Re/Max Realty Services Inc.. 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. Date last updated: 2025-02-16T12:41:23.777.
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5026 Rice Lake Dr Hamilton Township, ON K0L 1E0

  • Price: $3,193,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 184 min ago
  • ID#: X11940998
9
Beds
12
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Bewdley
County:
Ontario
Area:
Hamilton Township
Property Description
This incredible property offers a one-of-a-kind opportunity with 257.43 ft of frontage and 143.44 ft of depth, situated right by Rice Lake, where you can enjoy breathtaking sunrises, sunsets, and tranquil water views. Perfectly designed for flexible use, the property features 12 detached cottages, including 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. 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. Additionally, 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 brings you to Kawartha Downs Casino and Racetrack, Peterborough Casino, Costco, Walmart, and more. The 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.
Exterior Features

Drive Private Exterior Vinyl Siding Fronting On S Garage Type Other Lot Depth 143.44 Lot Front 257.43 Lot Size Code Feet Parking Spaces 14 Pool None Property Features Clear ViewMarinaParkSchoolWaterfront Style Bungalow

Interior Features

Air Conditioning Window Unit Basement None Central Vac No Family Room No Fireplace Or Stove Yes Heat Source Other Heating Other Kitchens 9 Laundry Level Main Room1 Br Room2 Kitchen Rooms 28

Property Features

Access To Property Yr Rnd Municpal Rd Cross Streets Rice Lake Dr/County Rd 9 Residential Type Detached Sale Or Lease Sale Seller Property Info Statement N Sewer Septic Tax Year 2024 Taxes 3920.95 Total Parking Spaces 14.0 Water Well Water Body Type Lake Water Features Watrfrnt-Rd Btwn

Listing courtesy of HOMELIFE LANDMARK REALTY INC..
Listing information © 2025 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or The Neil McIntyre Real Estate Team | Re/Max Realty Services Inc.. 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. Date last updated: 2025-02-16T12:41:23.777.
 
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