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$530,000Asking Price

7038 Lake Street, Hamilton Township, ON K0L 1E0

Rural Hamilton, Hamilton Township

Detached
3
Bedrooms
2
Baths
9
Parking
Days on Market

Opportunity awaits in the lakeside community of Bewdley. Located just a short distance from Rice Lake, this 3-bedroom, 2-bathroom bungalow offers immediate livability with significant potential for improvement and expansion. The existing home provides a functional layout with a bright living space, kitchen and dining area, and main floor laundry. An unfinished addition has already been started, presenting a rare opportunity for a buyer to complete the project to their own specifications and customizations. Situated on a generous lot, the property also features an attached 3-bay garage with ample driveway parking. Recent updates include a newer septic system and roof (2023). Whether you are a contractor, investor, or buyer looking to customize a home in a desirable lakeside setting, this property offers flexibility and upside potential. This property may appeal to buyers seeking a home in an established lakeside community with the option to further customize or complete ongoing improvements.

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Opportunity awaits in the lakeside community of Bewdley. Located just a short distance from Rice Lake, this 3-bedroom, 2-bathroom bungalow offers immediate livability with significant potential for improvement and expansion. The existing home provides a functional layout with a bright living space, kitchen and dining area, and main floor laundry. An unfinished addition has already been started, presenting a rare opportunity for a buyer to complete the project to their own specifications and customizations. Situated on a generous lot, the property also features an attached 3-bay garage with ample driveway parking. Recent updates include a newer septic system and roof (2023). Whether you are a contractor, investor, or buyer looking to customize a home in a desirable lakeside setting, this property offers flexibility and upside potential. This property may appeal to buyers seeking a home in an established lakeside community with the option to further customize or complete ongoing improvements.

Key Info

  • Bungalow Detached
  • 6-Car Driveway
  • 3-Car Attached Garage
  • Rice Lake Dr/Lake St
  • 700-1100 Approximate Sq Feet
  • 51-99 Years Approximate Age
  • Unfinished Basement
  • 1 Kitchen
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 150 x 150.05 Feet
  • .50-1.99 Acreage
  • Vinyl Siding Exterior
  • Taxes were $1,862 in 2025
  • Possession: Flexible

Details

  • Fireplace
  • No Family Room
  • Septic Tank
  • Well Water
  • Dug Well Water Supply
  •  
  • MLS #X12796824
  • RE/MAX HALLMARK FIRST GROUP REALTY LTD.

Extras

Room Floor Dimensions Details
1 Kitchen Main 9.32' x 14.47'
2 Breakfast Main 8.20' x 9.19' Eat-in Kitchen
3 Other Main 17.49' x 19.29'
4 Other Main 29.46' x 19.29'
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom on Main Floor

Who lives here?

Rural Hamilton, Hamilton Township is an east GTA neighbourhood.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Hamilton Township  (0.9)

Singles

33% of residents are
single and loving it.

33% singles

Hamilton Township (33%)

Renters

6% of residents
are renters.

6% renters

Hamilton Township (6%)

Education

19% of residents are
university grads.

19% university grads

Hamilton Township (19%)

Income

Average Household Income

$126K

is the average household
income in the neighbourhood.

Hamilton Township  ($126K)

Professions

Professions

Trades 13%
Sales 12%
Business 7%
Government 7%
Management 7%

Immigrants

9% of residents were
born outside of Canada.

9% immigrants

Hamilton Township (9%)

Birthplace - All

UK was once home to 3.6% of immigrants.
Germany 0.6%
USA 0.5%
Netherlands 0.5%
Ireland 0.3%

3.6% from UK
All-time

Birthplace - Recent

Australia was once home to 0.1% of immigrants.

0.1% from Australia
Recent

Foreign Languages

Foreign Languages

French 1%
German 1%
Dutch 1%

Religions

Religions

Christian 76%