5281 Rice Lake Scenic Drive, Hamilton Township, ON
Property no longer active
This property was sold on October 25, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Hamilton. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $429,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 50.06 x 228.57 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater Owned
- equipped with other central cooling and highly efficient baseboard heating via electric
Description
Whether you are looking for a great place to live, an air bnb or an awesome opportunity for an investment property, this is it! Located within walking distance to the general store, LCBO and public dock for some great fishing! Own a boat? The Gores Landing boat launch is right around the corner! This cute cabin offers a bright living area and kitchen, 2 bedrooms and 1 4pc bath. Large flat lot is a great space for those backyard bbq's, evening bonfire's and entertaining family and friends.
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Property Summary
This detached home located at 5281 Rice Lake Scenic Drive, Hamilton Township is currently for sale and has been available on SousaSells for 673 days. This property is listed at $429,900 with an estimated mortgage of $1,431* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 5281 Rice Lake Scenic Drive, Hamilton Township is in the Rural Hamilton neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Lake/Pond, Marina
Interior Features
Water Heater Owned
Security Features
Community Features
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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 5281 Rice Lake Scenic Drive, Hamilton Township, ON K0K 2E0
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 $429,900 in Hamilton Township, the legal minimum down payment is $21,495 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 $5,073 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 $5,073.
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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.