$1,050,000
130 - 5496 RICE LAKE SCENIC DRIVE
Beds
3
Baths
2
Sqft
—
Year
—
Type
Single Family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hamilton Township. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Discover this breathtaking turn-key home nestled along the shores of Rice Lake, perfect for enjoying the cottage lifestyle throughout the year. This fully renovated 3-bedroom, 2-bathroom raised bungalow boasts an impressive list of upgrades, offering panoramic lake views and private water access. It is the perfect escape from the hustle and noise. Featuring both upper and lower covered seating areas, including a walkout from the basement, you'll find the perfect spots to appreciate the stunning views and witness magnificent sunsets in every season. Roast marshmallows by the lake, pick fresh cherries and apples from your backyard, and reconnect with nature right at your doorstep. Whether you plan to live here year-round, use it as a weekend retreat, or generate rental income, this home seamlessly accommodates your lifestyle. Conveniently located just 20 minutes from the 401, this serene retreat offers the ideal balance of convenience and tranquility. Move in and start enjoying stress-free lakeside living. (id:65958)
- Subtype
- Single Family
- Architectural style
- Raised bungalow
- Structure
- House
- Community
- Rural Hamilton
- Common interest
- Freehold
- Lot dimensions
- 50 x 312 FT
- Bedrooms
- 3 above grade
- Parking
- 20 total
- Stories
- 1
- Fireplace
- 1
- On market
- Apr 1, 2026
- Status changed
- Apr 26, 2026
- Annual tax
- $4,573.39 (2025)
- Zoning
- SR
- Photos
- 42
- MLS#
- X12945418
- Area
- HAMILTON_TOWNSHIP
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
View
Waterfront
Utilities
Cash on cash
-6.53%
Cap rate
3.56%
GRM
16.7
Break-even rent
$6,453
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 26, 2026.