The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Discover the breathtaking views from this expansive nearly 1-acre lot, nestled on the stunning South side of Rice Lake with just a small laneway separating the property from the waterfront .This prime property boasts an ideal topography for crafting your dream hilltop home, offering sweeping vistas of the lake and surrounding landscape. Situated on the coveted and established Bamsey Drive, this is one of the last remaining undeveloped lots in a vibrant year-round community, making it an exceptional opportunity . The location is unparalleled, just minutes from the charming village of Bewdley, less than an hour east of the Greater Toronto Area (GTA), and mere moments from Port Hope, Cobourg, and Peterborough. Enjoy hassle-free deeded right-of-way access to a dock on Rice Lake, only a short stroll from your future doorstep. Here, mixed sandy shores create the perfect setting for a plethora of water activities, including thrilling water sports, serene fishing trips, kayaking, canoeing, stand-up paddleboarding, and more. Convenience is at your fingertips, with nearby amenities including a marina, LCBO, parks, and excellent rural schools. This is truly a remarkable place to build your legacy and create lasting memories an extraordinary haven waiting to be called home! **EXTRAS** Right Of Way Water Access Located On Lot 17
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$958/mo
Mortgage (principal + interest)$894
Property taxFrom listing: $761/yr$63
Minimum $11,950 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$47,800
Ontario land transfer taxProvincial brackets, no first-time refund$2,115
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$52,715
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hamilton Township has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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