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$3,193,000
Available - For Sale
Listing ID: X11940998
This incredible property offers a one-of-a-kind opportunity with 257.43 ft of lot 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 homes, including 4 with 2 bedrooms and 8 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 deeded access to a 15-ft section of Rice Lake, allowing for private dock installation within property limits. A dock is installed and removed annually at a cost of approximately $1500 ($750 to install and $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 townhouse 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 quick drive to Port Hope, Cobourg Beach, and Peterborough, with easy access to Highways 401, 115, and 407. Outdoor enthusiasts will also enjoy the nearby 300 kilometers of groomed snowmobile trails and the picturesque Northumberland Forest. Whether you are seeking a retreat, rental investment, or development opportunity, this property is an exceptional find that offers endless possibilities.
Extras:   Stoves/cooking range, 4 of the detach homes have new roofs, potential to install washer and dryer in the pump house for common use, providing additional functionality for new owner.
Price $3,193,000
Taxes: $5,542
Address: 5026 Rice Lake Dr , Hamilton Township, K0L 1E0, Ontario
Lot Size: 257.43 x 143.44 (Feet)
Directions/Cross Streets: Rice Lake Dr/County Rd 9
Rooms: 28
Bedrooms: 9
Washrooms: 12
Kitchens: 9
Family Room: N
Basement: None
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Br 12.99 10.00
Room 2: Main Kitchen 10.00 10.50
Property Type: Detached
Style: Bungalow
Exterior: Vinyl Siding
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 12
Pool: None
Property Features: Clear View
Marina
Park
School
Waterfront
Fireplace/Stove: Y
Heat Source: Other
Heat Type: Other
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Main
Sewers: Septic
Water: Well
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HOMELIFE LANDMARK REALTY INC.

5026 Rice Lake Dr , Hamilton Township, K0L 1E0, Ontario

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MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Northumberland
Municipality: Hamilton Township
Neighbourhood: Bewdley
Style: Bungalow
Lot Size: 257.43 x 143.44(Feet)
Approximate Age:
Tax: $5,542
Maintenance Fee: $0
Beds: 9
Baths: 12
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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