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For sale
  • C$2,993,000

    5026 Rice Lake Dr N, Hamilton, ON K0L 1E0

    9beds
    12baths
    Single Family Residence
    Built in ----
    0.85 Acres Lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Detached cottagesNew roofsPrivate dock installation
    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.
    207 days
    on Zillow
    |
    51
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 15, 2025 at 08:53pm

    Listed by:

    HOMELIFE LANDMARK REALTY INC.

    Source: TRREB,MLS®#: X11940998MLS LogoOriginating MLS®#: Toronto Regional Real Estate Board
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 12
    Heating
    • Other, Other Source
    Cooling
    • Window Unit(s)
    Features
    • Other
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Living area range: 3500-5000 null
    Video & virtual tour

    Property

    Parking
    • Total spaces: 14
    • Parking features: Private
    • Has garage: Yes
    Features
    • Pool features: None
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake,Direct
    • Waterfront features: Waterfront-Road Between, Lake
    Lot
    • Size: 0.85 Acres
    • Features: Marina, Park, School, Waterfront, Clear View

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Concrete Block
    • Roof: Asphalt Shingle

    Utilities & green energy

    • Sewer: Septic

    Community & HOA

    Location
    • Region: Hamilton

    Financial & listing details

    • Annual tax amount: C$3,920
    • Date on market: 1/26/2025
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