5538 RICE LAKE SCENIC Drive, Hamilton Township, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Hamilton. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $850,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 60 x 186 ft lot
- 6.0 total parking spaces available
- Notable attributes: Carpet Free, Storage, Water Heater
- Efficient baseboard heating via electric
Description
Waterfront cottage located at the end of a private road with only 8 cottages on the southside of Rich lake. This 4 bedroom, 2 bath open concept main level is perfect for entertaining. Home features newer windows and steel roof. Come add your personal touch and make great family memories for years to come. Level lot easy access to the lake.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Lake/Pond, Level
Interior Features
Carpet Free, Storage, Water Heater
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 5538 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 $850,000 in Hamilton Township, the legal minimum down payment is $60,000 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 $13,475 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 $13,475.
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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.