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29 - 60 RICE AVENUE
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Beds
3
Baths
3 full + 1 half
Sqft
—
Year
—
Type
Single Family
On market
40d
Welcome to this meticulously maintained end-unit double-wide bungalow offering an exceptional blend of space, comfort, and untapped design potential. Featuring a double car garage, 2+1 bedrooms, and 2.5 bathrooms this home is ideal for downsizers, move-up buyers, or those seeking refined, low-maintenance living. Step into the expansive open-concept living and dining area, where vaulted ceilings, skylights, and abundant natural light create a bright, inviting atmosphere. The cozy broadloom adds warmth, while the layout offers a prime opportunity to open the kitchen into the dining space, creating a seamless, modern entertainer's dream. Enjoy indoor-outdoor living with walkout patio doors leading to a private backyard space with deck and mature treed gardens-perfect for relaxing or hosting.The spacious primary bedroom features laminate flooring, his-and-hers closets, and a 4-piece ensuite. A versatile second main-level bedroom, currently used as a den, offers a large picture window and can easily function as a guest suite, office, or library. Main floor laundry and interior access to the double garage add everyday convenience. The lower level offers incredible potential featuring a large rec room with gas fireplace, an additional bedroom with 2-piece ensuite, and the opportunity to expand into a 3 or 4-piece bath thanks to the unique layout. A massive storage area is ready to be transformed into a home theatre, gym, or additional living space. With ample storage throughout, elegant layout, and endless possibilities to modernize, this is a rare opportunity to create a truly custom, show-stopping home in a desirable, quiet and mature community. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bathroom | 1.33 × 1.21 meters | |
| Furnace | 3.1 × 8.69 meters | |
| Other | 4.93 × 6.76 meters | |
| Recreational, Games room | 3.94 × 8.53 meters | |
| Bedroom | 3.35 × 6.32 meters |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 2.67 × 3.73 meters | |
| Living room | 3.94 × 4.2 meters | |
| Dining room | 3.94 × 3.24 meters | |
| Bedroom | 2.67 × 3.99 meters | |
| Primary Bedroom | 4.13 × 4.78 meters | |
| Bathroom | 3.06 × 1.9 meters | |
| Bathroom | 1.52 × 2.46 meters | |
| Laundry room | 3.1 × 1.8 meters |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.17%
Cap rate
4.63%
GRM
13.9
Break-even rent
$3,723
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hamilton (Mountview). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.