$999,000

For sale

5225 Rice Lake Drive North, Hamilton Township (Bewdley) - Single Family for Sale

5225 Rice Lake Drive North, Hamilton Township (Bewdley), Ontario, K0L1E0

4 beds2 baths12 parking2,250 ft²107 × 483 ft (1.18 acres) lot sizeListed 30 days ago

Overview

This 4-bedroom, 2-bathroom home in Hamilton Township is for sale offering roughly 2,250 sq ft of space. It has been on the market 30 days, fresher than the Hamilton Township average of 80 days.

Houses for Sale in Hamilton Township →All real estate in Hamilton Township →

Description

One of a Kind Waterfront 4 Season Home on the South Shore of Rice Lake. Positioned on a Flat 1 Acre Lot with 100ft +- Of Shoreline. Offering 4 Bedrooms, 2 Full Baths & 2 Kitchens This Home has Room for the Expanded Family & All of Your Guests. Renovated Throughout Including Updated Furnace, AC, Fire Place, Water Filtration System & Tankless Water Heater. Lovely Views of the Lake From the Open Concept Great Room featuring a Natural Gas FP. Relax on the Expansive Rooftop Balcony and Enjoy Unobstructed Views of Rice Lake. A Huge Yard Leads to your Dock & Private Boat Launch. Built-in Garages Offer Space to Store All the Toys & Machinery. Only 1 Hour 15 Minute Drive From From Toronto. Within Walking Distance To Restaurants, Lcbo, Grocery And Shops Of The Thriving Fishing And Tourist Town Of Bewdley! **EXTRAS** Natural Gas Forced Air Furnace, Central AC, Gas Fireplace, HWT owned (id:66096)

Property Details

MLS®: X13863162
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 12
Interior Size: 2,250 ft²
Lot Size: 107 × 483 ft (1.18 acres)
Frontage: 107 ft
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Pool: Yes
Waterfront: Yes
Ownership

Rooms

Ground level

Foyer: 2.61 x 2.13 meters
Kitchen: 3.8 x 2.69 meters
Bedroom: 5.33 x 4.44 meters
Bedroom: 4.44 x 3 meters
Bedroom: 4.14 x 3.79 meters
Sunroom: 4.34 x 3.53 meters

Upper Level

Bedroom: 6.57 x 4.66 meters
Kitchen: 3.95 x 3.66 meters
Living room: 5.11 x 4.5 meters
Dining room: 5.35 x 4 meters

Features

Appliances: Hot Tub, Window Coverings, Water Heater
Foundation: Slab
Exterior: Wood
Lot Features: Irregular lot size, Open space, Flat site, Lighting, Carpet Free

Services

Water: Dug Well
Sewer: Septic System
Utilities: Electricity, Cable, Wireless, Natural Gas Available

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Hamilton Township (Bewdley) listings, avg age

80d

Price / ft²

$444

List price

$999K

Homes here sell faster than most markets

Sold homes in this market spent an average of 37 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 4-bed single family in Hamilton Township (Bewdley) has been listed for 30 days, which is 50 days fresher than the city average of 80. Act while there is still low competition.

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Listed by ROYAL HERITAGE REALTY LTD. · JAMES STEIGERWALD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $999,000, about 12.6× the local median household income of $79,000.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 147% above the area median.

Median household income: $79,000
Population: 78,142
Median age: 54
Owner / renter: 88% / 12%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0L)

$999,000· $444/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,900

Min 7.50%50%

Mortgage payment$5,123/mo

↳ CMHC premium ($36,964 capitalized)

Property tax (est.)$446/mo

Total monthly$5,570

Cash Needed to Close

Down payment (7.50%)$74,900

Land transfer tax$16,455

Est. closing costs$5,497

Total cash needed$96,852

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