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5026 RICE LAKE DRIVE, Hamilton Township, Ontario, K0L 1E0

MLS® # X11940998
House For Sale In Hamilton Township, Ontario
$3,193,000 QuickQuoteTM: Not Available

9 Beds

12 Baths

5026 Rice Lake Drive, Hamilton Township, ON - Outdoor With Body Of Water With View
5026 Rice Lake Drive, Hamilton Township, ON  - Outdoor With Body Of Water With View
5026 Rice Lake Drive, Hamilton Township, ON  - Outdoor With Body Of Water With View
5026 Rice Lake Drive, Hamilton Township, ON  - Outdoor
5026 Rice Lake Drive, Hamilton Township, ON  - Outdoor With Body Of Water With View
5026 Rice Lake Drive, Hamilton Township, ON - Outdoor With Body Of Water With View

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5026 RICE LAKE DRIVE, Hamilton Township, Ontario, K0L 1E0
$3,193,000

9 Beds

12 Baths

Property Information:

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. 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 a quick drive to Port Hope, Cobourg Beach, and Peterborough, with easy access to Highways 401, 115, and 407. A short drive brings you to Kawartha Downs Casino and Racetrack, Peterborough Casino, Costco, Walmart, and more. The 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. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Air Conditioning: Yes
  • Architectural Style: Bungalow
  • Construction Style - Attachment: Detached
  • Exterior Finish: Vinyl siding
  • Fireplace: Yes
  • Foundation Type: Block
  • Heating Type: Other
  • Cooling Type: Window air conditioner

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 9
  • Bathrooms: 12
  • Access Type: Year-round access
  • Amenities Nearby: Marina, Park, Schools
  • Irregular: Yes
  • Lot Depth: 143.4 Feet
  • Lot Frontage: 257.4 Feet
  • Lot Size: 257.43 x 143.44 FT
  • View Type: View, Lake view
  • WaterFront Type: Waterfront
  • Sewer: Septic System
  • No. of Parking Spaces: 14

Rooms:

  • Bedroom Main Level 3.96 m x 3.05 m
  • Kitchen Main Level 3.05 m x 3.20 m

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Courtesy of: HOMELIFE LANDMARK REALTY INC.

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Location of 5026 RICE LAKE DRIVE, Hamilton Township, Ontario, K0L 1E0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

53/100

Moderate

ClimateCheck®

Current data

This property, 5026 RICE LAKE DRIVE , experiences 7 hot days per year at around 29.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 33.4 degrees Celsius.

Projected Avg. Temperature

Past
29.7℃
2050
33.4℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

61/100

Moderate-High

ClimateCheck®

Current data

This property, 5026 RICE LAKE DRIVE , experiences 11 significant 2-day storms per year, with about 306.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 384mm of precipitation per year.

Precipitation Per Storm

Past
306.9mm
2050
384mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 5026 RICE LAKE DRIVE, Hamilton Township, Ontario, K0L 1E0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$113,017.16

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.83 %

High school certificate or equivalent

32.95 %

Apprenticeship trade certificate/diploma

7.86 %

College/non-university certificate

33.99 %

University Degree

10.38 %

Commuter

Travel To Work

By Car

99.7 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

0.3 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.29 %

Houses

99.71 %

Own Vs. Rent