5042 Rice Lake Drive, Hamilton Township, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Bewdley. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $299,999 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.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning < 700 sqft on a premium 141.43 x 169.67 ft lot
- Notable attributes: None
Description
Amazing One-Of-A-Kind Opportunity - Build Your Dream Home On Just Under Half Acre Lot/ 0.49A & Enjoy Sunrises, Sunsets And Breathtaking Views Of Rice Lake! Access To Rice Lake Across The Street And Great Fishing. Walk To Restaurants, Park, Trails, Marina And Lcbo. Located A Short Drive Away From The Historic Town Of Port Hope, Beautiful Cobourg Beach, & Peterborough With Easy Access To Highways 401, 115, & 407. Enjoy The Convenience Of Snowmobile Trails-Only Minutes Away - From Bewdley To Warkworth With Approximately 300 Kms Of Groomed, Well Signed Trails Located Approximately 18 Kms North Of Cobourg In The Beautiful Northumberland Forest. Gas Line & Bell Fibe At The End Of Property, Hydro Lines Run To Property.***Buyers Are Advised To Do Their Due Diligence With Regards To All Aspects Of The Subject Property And Their Intended Use Of It.***
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Property Summary
This vacant land located at 5042 Rice Lake Drive, Hamilton Township is currently for sale and has been available on SousaSells for 482 days. This property is listed at $299,999 with an estimated mortgage of $999* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 5042 Rice Lake Drive, Hamilton Township is in the Bewdley neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Heating & Cooling
Features
Property Features
Park, School Bus Route, Lake/Pond, Waterfront
Interior Features
None
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5042 Rice Lake Drive N, Hamilton Township, ON K0L 1E0
Based on 0 recent similar sales in the pocket.
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 $299,999 in Hamilton Township, the legal minimum down payment is $15,000 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 $2,975 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 $2,975.
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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.