5506 Rice Lake Scenic Drive, Hamilton Township, ON

$1,198,000
MLS#:X12183424
4 beds
3 baths
1500-2000 sqft
12.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Rural Hamilton. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,198,000 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 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 179 x 711 ft lot
  • Features a ["finished with walk-out", "full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor
  • equipped with ["central air"] central cooling and highly efficient forced air heating via propane

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. Confidently work from home Fibe internet already installed. 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.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 30, 2025
Sold price information is available to members only
Listed Date5/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding
Lot Size179 × 711 Feet
CountyNorthumberland
Annual Tax$7,618
Legal DescriptionPT LT 9 RCP 440 HAMILTON PT 1 AND 3 39R376 EXCEPT PT 1, 3 AND 4 39R3412; S/T NC278115; T/W NC210594; HAMILTON

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeBuilt-In

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Lake Access, Lake/Pond, River/Stream, Waterfront

Community Features

Location

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

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$958,400
Monthly Mortgage$5,569
Property Tax (Est.)$635
Utilities & Maint.$350
Total Monthly Cost$6,554

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Hamilton Township.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Hamilton, Hamilton Township.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$889,971

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Camborne
Public3546 Kennedy Road, Cobourg, Ontario, K9A 4J7
7.5

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.