5496 Rice Lake Scenic Drive, Hamilton Township, ON
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 $899,999 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.
- 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 50 x 312 ft lot
- Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 20.0 total parking spaces available
- Notable attributes: Carpet Free, In-Law Capability
- equipped with central air central cooling and highly efficient heat pump heating via electric
Description
JUST REDUCED 150k! PRIVATE PROPERTY. DO NOT WALK THE PROPERTY WITHOUT AN AGENT/APPOINTMENT. Breathtaking lakeside living on the shores of Rice Lake. This turnkey raised bungalow has been fully renovated and is ready to be enjoyed year-round as a home, cottage, or income-generating retreat. Offering 3 bedrooms and 2 bathrooms, this stunning property features panoramic lake views, private water access, and an extensive list of upgrades, including new appliances, a new wood-burning fireplace, Duradek decking with a 25-year warranty, and a raised basement floor with a weeping tile system for added peace of mind. Designed to maximize the incredible waterfront setting, the home offers both upper and lower covered outdoor living spaces, including a walkout basement, creating the perfect places to relax, entertain, and take in spectacular sunsets throughout every season. A bonus detached shed provides excellent additional space, ready to be transformed into a workshop, hobby room, man cave, studio, or extra storage offering endless possibilities to suit your lifestyle and interests. Spend your days roasting marshmallows by the water, picking fresh cherries and apples from your own backyard, and enjoying the natural beauty that surrounds you. Whether you're seeking a full-time residence, a weekend getaway, or an investment opportunity, this versatile property is ready to fit your lifestyle. Conveniently located just 20 minutes from Highway 401, this peaceful retreat offers the perfect balance of tranquility and accessibility. Move in and start enjoying stress-free waterfront living.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Waterfront, Lake Access, Clear View
Interior Features
Carpet Free, In-Law Capability
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 5496 Rice Lake Scenic Drive 130, 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 $899,999 in Hamilton Township, the legal minimum down payment is $65,000 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 $14,475 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 $14,475.
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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.
