For Sale

5506 Rice Lake Scenic Drive, Hamilton Township, Ontario K0K 2E0

$1,289,000

5506 Rice Lake Scenic Drive, Hamilton Township, Ontario K0K 2E0 is For Sale and has a listing price of 1,289,000. The property is located in the Hamilton Township . It's been on the website for 38 Days.

  • Detached
    Property Type
  • 4
    Bedrooms
  • 3
    Bathrooms
  • MLS ID: X12183424
  • Office Name ROYAL SERVICE REAL ESTATE INC.
Property Description

Truly a rare offering. This 0ver 5 acre lot has endless potential , yet what has been done is awesome. With either commercial potential or severance potential, this could be your home and uber nest egg, all in one. This tastefully updated and expanded, raised bungalow, along with its fully complimented lower walkout suite allows you so many options from an in-law suite to an on site grounds keeper/managers residence or maybe, a short term rental to help with financing. Make this your forever home and cottage and investment. This investment will outperform the market without the stress. Gaze at the sunset over the lake on the deck or maybe the dock with a drink and relax, knowing your future is secure, instead of worrying about what some politician is doing to your savings. A few minutes to all the amenities you need and 15 minutes to the 401 and all Cobourg has to offer, then 40 minutes cruise control to the GTA. I’m guessing it is starting to make sense. You know this can work. Come take a look.

Property Details
  • Bedrooms: 4
  • MLS ID: X12183424
  • Bathrooms: 3
  • Price: $1,289,000
  • Lot Depth: 711
  • Transaction Types: For Sale
  • Ref ID: X12183424
  • View: View, Unobstructed Water View, Lake View
  • Year Built: N/A
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Cty Rd 18
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 31-50
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
05/30/2025 X12183424 $1,289,000 For Sale - -
03/07/2025 X12006124 $1,449,000 For Sale 05/29/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Hamilton Township
  • $991,399 Average List Price
    based on 1 year
  • 3 New Listings
    based on 30 days
  • 78 Median Days on Market
    based on 1 year
  • List vs. Selling Price 269.39 % Up
  • Sold (12mo) 3
  • Rented (12mo) 2

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 4 Walk Score
    Car-Dependent
Property Type Distribution
  • All Houses
    70.84%
  • All Houses/Commercial
  • Commercial
    7.83%
  • Condo
    21.06%
  • Land for Sale
    0.26%
Additional Details
  • Heat Type Forced Air
  • Heat Source Propane
  • Style Bungalow-raised
  • Washroom Type1: 1
  • Garage Type Built-in
  • Parking Spaces: 10
  • Exterior Vinyl Siding
  • Kitchen 2
  • Fireplace Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 2
  • Washrooms Type 3 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $7,618
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 30/05/2025 04:01:11
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