5506 Rice Lake Scenic Drive

Introducing a remarkable opportunity to own a stunning house for sale in Hamilton Township , located at 5506 Rice Lake Scenic Drive, Hamilton Township. This exceptional property boasts a generous lot size of over 5 acres, presenting endless potential for both residential and commercial use. The house is a beautifully updated and expanded raised bungalow, featuring a total of nine rooms, including three spacious bedrooms and a den, making it an ideal family home or investment property.

As you approach the house for sale in Hamilton Township, you will immediately appreciate its charming exterior, clad in durable vinyl siding. The property, nestled in the rural community of Hamilton, Northumberland, offers a serene escape from the hustle and bustle of city life while still being conveniently located just minutes away from essential amenities. The address, 5506 Rice Lake Scenic Drive, Hamilton Township, places you within easy reach of local shops, services, and recreational activities.

Inside, the layout of the house is both functional and inviting. The main living area features a family room that is perfect for relaxation and entertainment. The home is equipped with central air conditioning, ensuring comfort throughout the seasons. The kitchen is well-appointed, and there is an additional kitchen in the lower level, providing versatility for various living arrangements. The finished basement, complete with a walk-out, offers additional living space and could serve as an in-law suite, a residence for an on-site groundskeeper, or even a short-term rental to assist with financing.

The house for sale in Hamilton Township includes three bathrooms, which is a significant advantage for larger families or guests. The presence of a fireplace adds a touch of warmth and character to the home, creating a cosy atmosphere during colder months. Although there is no pool on the property, the expansive outdoor space allows for various recreational activities and the potential for future enhancements.

The lot measures an impressive 179 by 711 feet, providing ample space for outdoor pursuits or future development. With additional land of 5-9.99 acres, the possibilities are nearly limitless. Whether you envision a private garden, a workshop, or even a small commercial venture, this property can accommodate your dreams. The built-in garage offers space for two vehicles, while the expansive parking area can accommodate up to ten cars, ensuring convenience for both residents and visitors.

The house for sale in Hamilton Township is not just a home; it is an investment that promises to outperform the market without the associated stress. Imagine spending your evenings on the deck or dock, sipping a drink while gazing at the breathtaking sunsets over the lake. This tranquil setting allows you to relax and enjoy life, free from the worries of fluctuating markets and political uncertainties.

Moreover, the location is superb, with just a short drive to the 401 and all that Cobourg has to offer, including shopping, dining, and cultural experiences. The Greater Toronto Area (GTA) is only a 40-minute drive away, making this property an ideal retreat for those who work in the city but prefer the peace and quiet of rural living.

In conclusion, 5506 Rice Lake Scenic Drive, Hamilton Township, is a unique house for sale in Hamilton Township that combines comfort, style, and investment potential. With its spacious layout, modern amenities, and expansive outdoor space, this property is perfect for families, investors, or anyone seeking a serene lifestyle. Don’t miss out on this incredible opportunity; come and see for yourself why this house for sale in Hamilton Township is the perfect place to call home.

Rural Hamilton, nestled within the broader expanse of Hamilton Township, offers a picturesque blend of serene countryside and charming rural landscapes. This idyllic area is characterised by rolling fields, quaint farms, and lush woodlands, providing a tranquil escape from the hustle and bustle of urban life. Residents can enjoy a close-knit atmosphere, where the pace of life is leisurely, and the natural beauty is ever-present. With ample opportunities for outdoor activities such as hiking, cycling, and exploring local wildlife, Rural Hamilton is perfect for those seeking a peaceful retreat while still being within reach of the amenities and cultural offerings of nearby Hamilton city.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 469 residents as of 2021. The average household size is 2.6, and the average age of residents is 44.5 years. The community enjoys a relatively high average household income of $129,000, with only 5.2% of the population classified as low-income. The average property price in the area stands at $620,000, reflecting the desirability of the location. Approximately 30.86% of the population is single, while 40% of households include children, indicating a family-friendly environment. The area is home to a diverse population, with 10.84% of residents being immigrants. Renters make up a small portion of the community at 5.56%, and there are no condominiums available, suggesting a predominantly owner-occupied housing market. Educational attainment is high, with 63.64% of residents holding a college or university degree. However, 31.17% of the population is not in the labor force, which may reflect various factors, including retirement or other personal choices. Overall, this community combines stability, educational achievement, and a family-oriented atmosphere.