5026 Rice Lake Dr Drive N, Hamilton Township

$2,290,000
5026 Rice Lake Dr Drive N

$2,290,000

New
118d
DetachedBungalow

5026 Rice Lake Dr Drive N, Hamilton Township

Total Monthly Obligation $9,963

Beds
16
Baths
12
Park
14
Sqft
3500-5000
DOM
118d
Property Type-Detached
MLS® Number-X13498142
Beds-16
Bathrooms-12
Size-3500-5000 sqft
Lot Size-257.43 × 143.44 ft
Listed on site-Jun 27, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,203.57 (2026)
Parking-14 - Other
Basement-None
Heating-Other (Other)
Brokerage-CENTURY 21 REGAL REALTY INC.
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Holding Tank
Possession-TBD
Neighbourhood-Bewdley
Title-Residential Freehold

No agent assigned

A rare opportunity featuring 12 detached cottages on beautiful Rice Lake, offering waterfront and peaceful lake views and amazing sunrises and sunsets. The property includes four 2- bedroom cottages and eight 1- bedroom cottages, each with its own kitchen and private washroom. Several cottages have newer roofs. Enjoy Riparian Rights with a private dock installed and removed seasonally. Enjoy some amazing fishing and water activities. This versatile property offers excellent potential for future redevelopment, with professional concept plans available for review. Conveniently located near restaurants, parks, trails, the marina, LCBO, and just a short drive to Port Hope, Cobourg, Peterborough, and major highways. Ideal for investors, recreational use, or long-term visionaries looking for a unique waterfront opportunity. Close enough for an easy escape, only 90 minutes from Toronto, yet far enough to enjoy true lakeside serenity. A short drive to Peterborough Casino and Kawartha Downs Casino with racetrack, and conveniently close to Costco, Walmart, and the local hospital. During the winter months, enjoy a variety of seasonal activities right on beautiful frozen Rice Lake.

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Closing Costs

Mortgage Amount
$1,832,000
Land Transfer Taxes$43,725
Legal Fees (Est.)
$
Total cash required for closing$503,225

Total Monthly Obligation

$9,963/mo
Mortgage $9,237
Monthly Loss $7,532
Principal$2,431
Interest$6,806
Property Tax$350
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5026 Rice Lake Dr Drive N

Time

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