5496 Rice Lake Scenic Drive, Hamilton Township, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Rural Hamilton. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $899,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 50 x 312 ft lot
- Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 20.0 total parking spaces available
- Notable attributes: Carpet Free, In-Law Capability
- equipped with central air central cooling and highly efficient heat pump heating via electric
Description
Breathtaking lakeside living on the shores of Rice Lake. This spectacular cottage is set back with no traffic noise. It is an extremely quiet place with prime water front. Clean lake with no weeds. The raised bungalow has the most amazing outdoor Duradek decking. It was recently fully renovated and is ready to be enjoyed year-round as a home, cottage, or income-generating retreat. Offering 3 bedrooms and 2 bathrooms, this stunning property features panoramic lake views, private water access, and an extensive list of upgrades, including new appliances, a new wood-burning fireplace, Duradek decking comes with a 25-year warranty. Also featured is a raised basement floor with a weeping tile system and walk out. Designed to maximize the incredible waterfront setting, the home offers both upper and lower covered outdoor living spaces, including a walkout basement, creating the perfect places to relax, entertain, and take in spectacular sunsets throughout every season. A detached shed provides excellent additional space, ready to be transformed into anything your heart desires. Whether you're seeking a full-time residence, a weekend getaway, or an investment opportunity, this versatile property is ready to fit your lifestyle. Conveniently located just 20 minutes from Highway 401, this peaceful retreat needs to be seen to be appreciated. Additional feature is the separate unit downstairs. Can be enjoyed by extended family, rented or Airbnb it for wonderful cash flow. Please do not walk property without your realtor
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Property Summary
This detached home located at 5496 Rice Lake Scenic Drive, Hamilton Township is currently for sale and has been available on SousaSells for 1 day. This property is listed at $899,000 with an estimated mortgage of $2,992* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 5496 Rice Lake Scenic Drive, Hamilton Township is in the Rural Hamilton neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Rural Hamilton, Hamilton Township.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Hamilton Township.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Waterfront
- Lake Access
- Clear View
Interior Features
- Carpet Free
- In-Law Capability
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 5496 Rice Lake Scenic Drive, Hamilton Township, ON
Q.What is the asking price for 5496 Rice Lake Scenic Drive, Hamilton Township, ON ?
The current listing price for 5496 Rice Lake Scenic Drive, Hamilton Township, ON in Rural Hamilton, Hamilton Township is $899,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 5496 Rice Lake Scenic Drive, Hamilton Township, ON ?
5496 Rice Lake Scenic Drive, Hamilton Township, ON is a Detached (Bungalow-Raised) featuring a Finished with Walk-Out, Full basement.
Q.What key property features does 5496 Rice Lake Scenic Drive, Hamilton Township, ON offer?
Key property features include: Waterfront, Lake Access, Clear View.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, In-Law Capability.
Q.Is parking available at this property?
Yes, this property offers parking space for 20.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 5496 Rice Lake Scenic Drive 130, Hamilton Township, ON K0K 2E0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton Township, ON
For a property listed at $899,000 in Hamilton Township, the legal minimum down payment is $64,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,455 for this transaction. As this listing is in Hamilton Township (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.