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5026 Rice Lake Dr Drive

5026 Rice Lake Dr Drive

Hamilton Township, ON

  • 16 bed
  • 12 bath
  • approx. 3500-5000 sqft
  • Detached
  • 84 days on market
$2,290,000

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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Listing Details

Taxes (2026)
$4,204
Listed
June 27, 2026

Price History

Property

Style
Bungalow
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete Block
Interior
Other
Lot Size
257.43 x 143.44 Feet

Parking

Garage
Other
Covered Spaces
0
Total Parking
14

Utilities

Sewer
Holding Tank
Heat Source
Other

Location & Legal

Cross Street
Rice Lake Dr/County Rd 9
Parcel Number
511140696
Possession
Flexible
Occupancy
Owner

Included

Inclusions
Stove, refrigerator, window coverings, light fixtures, pump house servicing the 12 cottages with well water and common elements.
Exclusions
none.
Rental Items
none.

Community

Postal area L1A

Population
15,845
Private dwellings
7,030
Median age
51.2
Average household size
2.3
Median household income
$86,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Hamilton Township · last 12 months

Median sold price
$675,000
Homes sold
120
Median days on market
24
Sale-to-list price
95.9%

Based on 120 recorded sales of residential freehold properties in Hamilton Township over the last 12 months.

Listed by

CENTURY 21 REGAL REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$458,000

Estimated Monthly Payment

$11,250

Land transfer tax

Estimated land transfer tax$43,725

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $11,250/mo (20% down, 5.5%)

Taxes: $350/mo · Insurance: $573/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Enjoy Riparian Rights with a private dock installed and removed seasonally.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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