5289 Plank Road, Hamilton Township, ON
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 $475,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 80 x 156.7 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Carpet Free, On Demand Water Heater, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Welcome to 5289 Plank Road , a cozy lakeside retreat in the charming village of Gores Landing, along the shores of beautiful Rice Lake. Whether you're looking for a year-round home or a weekend getaway, this property offers the perfect blend of relaxation, recreation, and postcard-worthy views. This well-loved 1-bed, 1-bath bungalow can be easily converted into a 2-bedroom layout. The kitchen and bedroom both offer sweeping lake views with walkouts to the expansive back deck - the ideal spot for morning coffees, taking in the sun, or entertaining friends after a day on the water. Enjoy heated kitchen and bathroom floors, a wood-burning fireplace, plus a pellet stove for cozy nights all year long. The home also features a new shore well, a heat pump (approx. 5 years old), and an on-demand hot water heater (approx. 6 years old) for efficient, comfortable living. A newer steel roof and eaves provide added peace of mind. Step outside and take in the true magic of this property: a long dock, incredible water views, and plenty of space to relax and have fun. With a marina and boat launch nearby, you can head out from your dock and enjoy endless days on the water - including a short boat ride to Harwood for yummy wings. Additional sheds provide great storage for all your lake toys. This is a rare opportunity to own a waterfront gem in one of Rice Lake's most sought-after communities. Come experience lakeside living at its finest.
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Property Summary
This detached home located at 5289 Plank Road, Hamilton Township is currently for sale and has been available on SousaSells for 239 days. This property is listed at $475,000 with an estimated mortgage of $1,581* per month. It has 1 bed, 1 bathroom, and is 700-1100 square feet. 5289 Plank Road, 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
Beach, Clear View, Golf, Hospital, Lake/Pond, Marina
Interior Features
Carpet Free, On Demand Water Heater, Water Heater Owned
Security Features
Community Features
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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 5289 Plank Road, 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 $475,000 in Hamilton Township, the legal minimum down payment is $23,750 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 $5,975 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 $5,975.
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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.