$395,000
Est. payment $1,749/moCalculate yours
5248 King Road, Hamilton Township, ON K0K 2E0
Rural Hamilton, Hamilton Township, ON K0K 2E0
Listing courtesy of Royal Lepage Proalliance Realty MLS® X13870552
About this home
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.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Building & Systems
- Water
- None
- Sewer
- None
Lot & Parking
- Lot Size
- 102.92 x 646.92 Feet
- Zoning
- A-103
Financial
- Property Taxes
- $2,752 (2026)
Location
- Neighbourhood
- Rural Hamilton
- Cross Street
- County Road 18 and Lander Road
- Direction Faces
- West
Listing
- MLS® Number
- X13870552
- Days on Market
- 12
- Listed On
- 2026-10-06
- Possession
- Immediate
- Listed By
- Royal Lepage Proalliance Realty
Features
Interior
- None
Property
- Wooded/Treed
- Lake Access
- Included
- N/A
- Excluded
- N/A
- Rental items
- N/A
Mortgage calculator
Estimated mortgage payment
$1,749 per month
- Principal and interest
- $1,749
- Property tax
- $229
- Condo fees
- $0
- Estimated monthly cost
- $1,978
Your mortgage
- Mortgage amount
- $316,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $208,692
Cash to close
- Down payment
- $79,000
- Land transfer tax
- $4,400
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $83,400
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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