6350 Rice Lake Scenic Drive, Hamilton Township, ON

$499,900
MLS#:X8484602
3 beds
2 baths
1100-1500 sqft
8.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Baltimore. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $499,900 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
  • Generous living space spanning 1100-1500 sqft on a premium 100 x 175 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned, Water Softener
  • equipped with window unit(s) central cooling and highly efficient forced air heating via electric

Description

Introducing a fantastic opportunity in the real estate market! This spacious 1400+ square-foot raised bungalow boasts three bedrooms, two baths, and an unfinished basement, offering endless potential for the savvy investor or handyman. With its generous size, this property provides ample room for comfortable living. The three bedrooms provide plenty of space for a growing family or guests. The two bathrooms ensure convenience and privacy for everyone. But what truly sets this home apart is the unfinished basement, a blank canvas waiting for your creative touch. Imagine the possibilities - a cozy entertainment space, a home gym, another bedroom. Let your imagination run wild, and transform this space into something truly remarkable. Located in a desirable neighborhood, this home offers both tranquility and convenience. You'll have easy access to Rice Lake and the public boat launch located just 10 minutes away. Don't miss out on this golden opportunity to own a home with loads of potential. Whether you're an investor looking for a profitable project or a handyman eager to put your skills to use, this property is a dream come true. Home being SOLD AS-IS

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 2, 2024
Sold price information is available to members only
Listed Date6/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Vinyl Siding
BasementUnfinished
Lot Size100 × 175 Feet
CountyNorthumberland
Annual Tax$2,362.14
Legal DescriptionPT LT 2 CON 9 HAMILTON S IN CB132097; HAMILTON

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

Interior Features

Water Heater Owned, Water Softener

Security Features

Community Features

Location

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6350 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 6350 Rice Lake Scenic Drive, Hamilton Township, ON K0K 2H0

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton Township.

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Interest Rate5.25%
Down Payment$24,995 (5.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period25 Years
Estimated Monthly Payment$2,830Based on a loan of $474,905 over 25 years.
Purchase Price$499,900
Loan Amount$474,905
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

About Purchasing a Home in Hamilton Township, ON

For a property listed at $499,900 in Hamilton Township, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.

Nearby Listings

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No current listings found in Hamilton Township.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$918,776

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

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Secondary Schools

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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.