$2,290,000
For sale: Detached

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.
Sold data
Detached homes in Hamilton Township (Bewdley) took a median of 18 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 42, across 31 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 24 days.
The median sale price was $629,000.
Homes sold for about 1.9% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 31 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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