$2,290,000
Est. payment $10,140/moCalculate yours
5026 Rice Lake Dr Drive N, Hamilton Township, ON L1A 3V6
Bewdley, Hamilton Township, ON L1A 3V6
- 16 Beds
- 12 Baths
- 3,500 Sq Ft
Listing courtesy of CENTURY 21 REGAL REALTY INC. MLS® X13498142
About this home
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.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 16
- Bathrooms
- 12
- Kitchens
- 12
- Basement
- None
Building & Systems
- Heating
- Other (Other)
- Cooling
- Window Unit(s)
- Exterior
- Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Holding Tank
Lot & Parking
- Lot Size
- 257.43 x 143.44 Feet
- Parking
- Other garage · 14 total
Financial
- Property Taxes
- $4,204 (2026)
Location
- Neighbourhood
- Bewdley
- Cross Street
- Rice Lake Dr/County Rd 9
- Direction Faces
- South
Listing
- MLS® Number
- X13498142
- Days on Market
- 113
- Listed On
- 2026-06-27
- Possession
- TBD
- Listed By
- CENTURY 21 REGAL REALTY INC.
Features
Interior
- Other
Pool
- None
- Included
- Stove, refrigerator, window coverings, light fixtures, pump house servicing the 12 cottages with well water and common elements.
- Excluded
- none.
- Rental items
- none.
Mortgage calculator
Estimated mortgage payment
$10,140 per month
- Principal and interest
- $10,140
- Property tax
- $350
- Condo fees
- $0
- Estimated monthly cost
- $10,490
Your mortgage
- Mortgage amount
- $1,832,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,209,887
Cash to close
- Down payment
- $458,000
- Land transfer tax
- $43,725
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $501,725
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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