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$1,289,000Asking Price

5506 Rice Lake Scenic Drive, Hamilton Township, ON K0K 2E0

Rural Hamilton, Hamilton Township

Detached
3 + 1
Bedrooms
3
Baths
12
Parking
Days on Market

Truly a rare offering. This 0ver 5 acre lot has endless potential , yet what has been done is awesome. With either commercial potential or severance potential, this could be your home and uber nest egg, all in one. This tastefully updated and expanded, raised bungalow, along with its fully complimented lower walkout suite allows you so many options from an in-law suite to an on site grounds keeper/managers residence or maybe, a short term rental to help with financing. Make this your forever home and cottage and investment. This investment will outperform the market without the stress. Gaze at the sunset over the lake on the deck or maybe the dock with a drink and relax, knowing your future is secure, instead of worrying about what some politician is doing to your savings. A few minutes to all the amenities you need and 15 minutes to the 401 and all Cobourg has to offer, then 40 minutes cruise control to the GTA. I'm guessing it is starting to make sense. You know this can work. Come take a look.

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Tour this home:

Truly a rare offering. This 0ver 5 acre lot has endless potential , yet what has been done is awesome. With either commercial potential or severance potential, this could be your home and uber nest egg, all in one. This tastefully updated and expanded, raised bungalow, along with its fully complimented lower walkout suite allows you so many options from an in-law suite to an on site grounds keeper/managers residence or maybe, a short term rental to help with financing. Make this your forever home and cottage and investment. This investment will outperform the market without the stress. Gaze at the sunset over the lake on the deck or maybe the dock with a drink and relax, knowing your future is secure, instead of worrying about what some politician is doing to your savings. A few minutes to all the amenities you need and 15 minutes to the 401 and all Cobourg has to offer, then 40 minutes cruise control to the GTA. I'm guessing it is starting to make sense. You know this can work. Come take a look.

Key Info

  • Bungalow Detached
  • 10-Car Driveway
  • 2-Car Built-In Garage
  • Cty Rd 18
  • 1500-2000 Approximate Sq Feet
  • 31-50 Years Approximate Age
  • Full Basement
  • 2 + 1 Kitchens
  • Forced Air Propane Heating
  • Central Air

Property

  • Lot Size 179 x 711 Feet
  • 5-9.99 Acreage
  • Vinyl Siding Exterior
  • Direct Waterfront Access
  • Taxes were $7,618 in 2024

Details

  • Fireplace
  • Family Room
  • Septic Tank
  • Well Water
  •  
  • MLS #X12183424
  • ROYAL SERVICE REAL ESTATE INC.

Extras

Room Floor Dimensions Details
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 2-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom on Lower

Who lives here?

Rural Hamilton, Hamilton Township is an east GTA neighbourhood.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Hamilton Township  (0.9)

Singles

33% of residents are
single and loving it.

33% singles

Hamilton Township (33%)

Renters

6% of residents
are renters.

6% renters

Hamilton Township (6%)

Education

19% of residents are
university grads.

19% university grads

Hamilton Township (19%)

Income

Average Household Income

$126K

is the average household
income in the neighbourhood.

Hamilton Township  ($126K)

Professions

Professions

Trades 13%
Sales 12%
Business 7%
Government 7%
Management 7%

Immigrants

9% of residents were
born outside of Canada.

9% immigrants

Hamilton Township (9%)

Birthplace - All

UK was once home to 3.6% of immigrants.
Germany 0.6%
USA 0.5%
Netherlands 0.5%
Ireland 0.3%

3.6% from UK
All-time

Birthplace - Recent

Australia was once home to 0.1% of immigrants.

0.1% from Australia
Recent

Foreign Languages

Foreign Languages

French 1%
German 1%
Dutch 1%

Religions

Religions

Christian 76%