5506 RICE LAKE SCENIC DRIVE, Hamilton, Ontario

$1,575,000

4 Beds
3 Baths

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. (id:56241)

Listing ID: X12006124
Property Type: Single Family

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Details

Architectural Style: Raised bungalow
Community Features: Fishing
Easement: Right of way
Equipment: Propane Tank
Features: Irregular lot size, Sloping, Partially cleared, Waterway
Ownership: Freehold
Parking Spaces: 12
Rental Equipment: Propane Tank
Structure: Dock
Transaction: For sale
View: Lake view, Direct Water View
Waterfront: Waterfront
Water Body Name: Rice Lake
Zoning Description: res

Building

Appliances: Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Architectural Style: Raised bungalow
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Walk out
Bedrooms Main Level: 3
Bedrooms Lower Level: 1
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Vinyl siding
Fireplace Fuel: Pellet
Fireplace Present: True
Fireplace Total: 2
Fireplace Type: Woodstove,Stove
Foundation: Poured Concrete
Bathrooms (Half): 1
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Propane
Size Interior: 2499.9795 - 2999.975 sqft
Stories Total: 1
Type: House
Utility Water: Bored Well

Land

Access Type: Year-round access, Private Docking
Acreage: true
Sewer: Septic System
Size Frontage: 179 ft
Size Irregular: 179 x 711 FT

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 5506 RICE LAKE SCENIC DRIVE in Gores Landing Ontario. It was last modified on March 7th, 2025. Contact us to schedule a viewing or to discover other Gores Landing properties for sale.

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