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For saleListed 4 days agoMLS® X13870552

5248 King Road, Hamilton Township, ON

Rural Hamilton, Hamilton Township · Rice Lake · View map

$395,000
< 700Sq ft
Rice LakeWaterbody
30 ftFrontage
Vacant LandType
7.694 acresLot
Private RoadAccess
$2,752/yrTaxes
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$395,000
Direct waterfrontOn Rice Lake
30 ft of frontageMeasured along the water
Sandy shorelineEasy walk-in swimming

About this property

A rare opportunity to own approximately 7 acres of waterfront property on the beautiful south shore of Rice Lake in Gore's Landing. Offering approximately 100 feet (30.48 metres) of direct deeded waterfront, this private and predominantly treed parcel features a peaceful natural setting, a cleared area near the shoreline and a spring-fed well on the property. The Township has advised that a seasonal dwelling may be constructed under the applicable Limited Service Residential zone provisions, offering the potential to create a three-season recreational retreat surrounded by nature. A permanent dwelling is not permitted, as the property does not front on a year-round municipally maintained road. The property contains significant woodland, and a Natural Heritage Evaluation will be required before development. All development is subject to applicable zoning, conservation requirements, studies, permits and approvals. Buyers must complete their own due diligence regarding access, zoning, permitted uses and their intended plans for the property. Located a short drive from Cobourg and Highway 401, this unique offering combines exceptional privacy, waterfront enjoyment and convenient access to nearby amenities.

The property

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Estimated monthly cost—Mortgage, property tax and insurance
  • Mortgage
  • Property tax
  • Insurance

Cash needed to close

  • Down payment
  • Ontario land transfer tax
  • Legal fees and title insurance (est.)
  • Inspections: building, septic, water (est.)
  • Total to close

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5248 King Road, Hamilton Township, ON

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Listing courtesy of Royal Lepage Proalliance Realty. Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.

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