Homes for sale - 5026 Rice Lake DR, Hamilton Township, ON K0L 1E0

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Mahesh Khatri

mkhatri.teammahesh@gmail.com +1(416) 464-6568

$ 2,993,000

Est. payment | -/mo

9 Beds

12 Baths

Save

$ 2,993,000

Est. payment | -/mo

Save

9 Beds

12 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Bewdley

MLS Listing ID X11940998

Style Bungalow

Bedrooms 9

Annual Tax Amount $3,920

Tax Year 2024

Property Sub-Type Detached

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. 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.

Location

Province ON

County Northumberland

Community Bewdley

Area Northumberland

Rooms

Family Room No

Basement None

Kitchen 9

Interior

Interior Features Other

Cooling Window Unit(s)

Fireplace Yes

Heat Source Other

Exterior

Parking Features Private

Pool None

View Lake

Roof Type Asphalt Shingle

Road Frontage Year Round Municipal Road

Lot Frontage 257.43

Lot Depth 143.44

Total Parking Spaces 14

Building

Unit Features Marina,Park,School,Waterfront,Clear View

Foundation Concrete Block

Listed by HOMELIFE LANDMARK REALTY INC.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

5026 Rice Lake DR Hamilton Township, ON K0L 1E0