$599,900

For sale

5890 Rice Lake Scenic Dr Drive, Hamilton Township - Single Family for Sale

5890 Rice Lake Scenic Dr Drive, Hamilton Township, Ontario, K0K2G0

2 beds2 baths4 parking900 ft²75 × 79 ft (5,934 sq ft) lot sizeListed 56 days ago

Overview

This 2-bedroom, 2-bathroom home in Hamilton Township is for sale offering roughly 900 sq ft of space. Listed at $599,900, it is attractively priced about 35% below the $925,000 median asking price in Hamilton Township. It has been on the market 56 days, fresher than the Hamilton Township average of 94 days.

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Description

Welcome to spectacular views of Rice Lake from this charming four-season cottage/home. Tucked away on a private beautifully landscaped lot, this property features lovely stonework,perennial gardens, and mature trees offering a perfect mix of sun and shade. A side stone patio off the kitchen provides an ideal space for BBQ's and outdoor entertaining. Inside warm Red Cedar paneling blends beautifully with the drywall, creating an inviting atmosphere throughout the open concept main floor. The layout includes a foyer, living room, dining room,galley kitchen, 3 piece bathroom, main floor bbedroom, and workshop, which could easily be converted into an additional bedroom. The lower level offers a spacious bedroom, 4-peice bathroom and laundry room, walk-in closet, utility room, and storage and heat pump room, plus a patio door providing direct access to the waterfront. A wonderful year round retreat with privacy, characther, and beautiful lake views and spectaculor sunsets. (id:66096)

Property Details

MLS®: X13762246
Property Type: Single Family
Zoning: SR
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 75 × 79 ft (5,934 sq ft)
Frontage: 75 ft
Storeys: 1
Style: Bungalow
Basement: Walk out, N/A
Heating: Heat Pump, Electric, Wood, Other
Cooling: Wall unit
Garage: Garage, Carport
Fireplace: Yes
Waterfront

Rooms

Main level

Foyer: 2.47 x 1.95 meters
Bedroom: 3.38 x 2.77 meters
Living room: 5.28 x 4.76 meters
Dining room: 3.12 x 2.21 meters
Kitchen: 5.66 x 2.16 meters
Bathroom: 2.01 x 3.35 meters
Workshop: 3.69 x 2.77 meters

Lower level

Other: 8.66 x 3.08 meters
Primary Bedroom: 7.04 x 4.51 meters
Other: 2.29 x 2.13 meters

Features

Appliances: Refrigerator, Dishwasher, Stove, Freezer, Furniture, Water Heater
Flooring: Carpeted
Foundation: Block, Concrete
Exterior: Wood

Services

Water: Artesian Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Hamilton Township listings, avg age

94d

Price / ft²

$667

List price

$600K

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 2-bed single family in Hamilton Township has been listed for 56 days, which is 38 days fresher than the city average of 94. Act while there is still low competition.

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Listed by Royal Service Real Estate Inc. · Joanne Bird

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $599,900, about 7.2× the local median household income of $83,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$599,900· $667/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$218/mo

Total monthly$3,349

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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