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$2,993,000Asking Price

5026 Rice Lake Drive, Hamilton Township, ON K0L 1E0

Bewdley, Hamilton Township

Detached
9
Bedrooms
12
Baths
14
Parking
Days on Market

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.

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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.

Key Info

  • Bungalow Detached
  • 14-Car Driveway
  • 0-Car Garage
  • Rice Lake Dr/County Rd 9
  • 3500-5000 Approximate Sq Feet
  • No Basement
  • 9 Kitchens

Property

  • Lot Size 257.43 x 143.44 Feet
  • Vinyl Siding Exterior
  • Taxes were $3,920 in 2024
  • Possession: 60/90/Flex

Details

  • Fireplace
  • No Family Room
  • Septic Tank
  • Well Water
  •  
  • MLS #X11940998
  • HOMELIFE LANDMARK REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 10.01' x 10.50'
Washroom12 4-Piece Bathrooms on Main Floor

Who lives here?

Bewdley, Hamilton Township is an east GTA neighbourhood notable for its singles, renters, executives, business professionals, salespeople, tradespeople and manufacturing workers. Residents tend to be younger with a significant number of adults aged 30 to 64 and seniors aged 65 to 69.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Hamilton Township  (0.9)

Singles

38% of residents are
single and loving it.

38% singles

Hamilton Township (33%)

Renters

15% of residents
are renters.

15% renters

Hamilton Township (6%)

Education

0% of residents are
university grads.

0% university grads

Hamilton Township (19%)

Income

Average Household Income

$89K

is the average household
income in the neighbourhood.

Hamilton Township  ($126K)

Professions

Professions

Trades 16%
Sales 13%
Manufacturing 9%
Management 8%
Business 8%

Immigrants

8% of residents were
born outside of Canada.

8% immigrants

Hamilton Township (9%)

Birthplace - All

UK was once home to 4.3% of immigrants.
Lebanon 1.4%
India 1.1%
Czech Rep. 0.2%
Hungary 0.2%

4.3% from UK
All-time

Foreign Languages

Foreign Languages

French 2%
Ukrainian 1%

Religions

Religions

Christian 80%