5506 Rice Lake Scenic Dr

Hamilton Township | Rural Hamilton | K0K 2E0
  • 3 + 1
  • 3
  • 0

$1,575,000

Est. Mtg $5,340 /mo
  • Days on market

    130

  • Status

    New

Listing Broker ROYAL SERVICE REAL ESTATE INC.
Since listed: 0 views

Home details

MLS #:

X12006124

Property type:
Detached
Style:
Bungalow-Raised
Taxes:
$7,618
Possession:
Flexible
Lot Front:
179.0   Feet
Lot Depth:
711.0   Feet
Basement:
Fin W/O |
Driveway Pkg:
10
Heat:
Propane | Forced Air

Description


5506 Rice Lake Scenic Dr, , Hamilton Township, Ontario is a Detached property in Hamilton Township and in the Rural Hamilton community in the K0K 2E0 postal code


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..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2006-05 2023-09 $368,000 $365,000 Sld X6978688
2009-01 2023-09 $399,000 $399,000 Exp X6895358
2025-03 2025-03 $1,575,000 $1,575,000 New X12006124

Comparables

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sold Date Address List Price sold Price DOM
2024-02 7133 Byers Rd, $424,900 $510,000 21
2023-08 9700 Turk Rd, $689,000 $685,000 8
2023-05 2321 Division St N, $889,900 $889,990 3
2022-11 2189 Lovshin Rd, $1,350,000 $1,225,000 122
2022-09 9 Behan Road, Cobourg, $699,900 $875,000 4
2022-08 9084 Dale Rd, $975,000 $955,000 48
2022-05 9335 Cherry Lane, $649,900 $627,000 25
2022-03 8408 Trotters Lane W, $999,000 $1,170,000 3
2022-03 5538 Rice Lake Scenic 100 Dr, $975,000 $1,175,000 7
2021-12 2975 Theatre Road Rd, $1,835,000 $1,750,000 21
2021-11 27 Lorraine Ave, $600,000 $702,000 6
2021-09 8804 Slater St, $949,999 $1,005,000 8
2021-06 7760 Telephone Rd, $679,000 $865,000 7
2021-05 3617 Kennedy Rd, $649,000 $630,000 33
2021-04 2350 Division St N, $1,419,900 $1,380,000 21

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Hamilton Township :

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Average sale price
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Sale activity

Hamilton Township :

Average sale price
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Estimated running costs for 5506 Rice Lake Scenic Dr

Based on available 3rd party data

$6110

Approximate costs per month

Mortgage
$5340 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$634 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker ROYAL SERVICE REAL ESTATE INC.
Data Source: TRREB

Payment calculator

$5975 monthly. In association with: TD Bank
%
  • Principal and Interest
    5340 /mo
  • Property Taxes
    $634 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mimmo Galatti, Realtor

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