5248 King Road, Hamilton Township

$395,000
5248 King Road

$395,000

New
17d
Vacant Land

5248 King Road, Hamilton Township

Total Monthly Obligation $2,198

Beds
0
Baths
0
Park
0
Sqft
< 700
DOM
17d
Property Type-Vacant Land
MLS® Number-X13870552
Beds-0
Size-< 700 sqft
Lot Size-102.92 × 646.92 ft
Listed on site-Oct 6, 2026
Building Type-Vacant Land
Taxes-$2,752.06 (2026)
Brokerage-Royal Lepage Proalliance Realty
Laundry-No
Fireplace-No
Pool-None
Facing-West
Sewer-None
Possession-Immediate
Neighbourhood-Rural Hamilton
Title-Residential Freehold

No agent assigned

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.

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Closing Costs

Mortgage Amount
$316,000
Land Transfer Taxes$4,400
Legal Fees (Est.)
$
Total cash required for closing$84,900

Total Monthly Obligation

$2,198/mo
Mortgage $1,593
Monthly Loss $1,778
Principal$419
Interest$1,174
Property Tax$229
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5248 King Road

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