$ 549,000

3-Bed Waterfront Cottage on Rice Lake with 65ft Shoreline

Property details for 134 - 362 7th Line Road, Alnwick/haldimand

Type
Residential
Style
Bungalow
Bedrooms
3
Bathrooms
1
Lot Size
65 x 171 FT
Stories
1
Basement
None
Parking
No Garage
Heating
Baseboard heaters, Electric
Cooling
None
Exterior
Wood
Ownership
Freehold
Annual Taxes
$3,126

This is a 3-bed, 1-bath bungalow on Rice Lake's south shore, sitting on a 65 x 171 ft lot with direct water access. The cottage is three-season, so no heating worries beyond the baseboard units, and it's in solid shape. Inside, you get a bright main floor with a kitchen, dining room, and living room in an open flow, plus two extra bedrooms. There's no basement, just wood piers, and the exterior is wood siding. The lot is level with a big yard and a two-tiered deck that's perfect for morning coffee or evening BBQs. It's fully furnished and ready to go, with a stove and fridge. Water comes from a dug well and there's a holding tank, so you'll need to manage that. Parking for 4 cars, no garage. You're close to Elmhirst's Resort for a meal, and a couple of campgrounds within a few minutes. Hastings Public School is about 10 km away, and Serpent Mounds Park isn't far. This is a simple, no-fuss cottage for someone who wants to jump into lake life. At $549,000, it's priced at the area median with only 3 active listings nearby, and it should move within a few weeks.

About 134 - 362 7th Line Road, Alnwick/haldimand — Property Score

63
Well Priced
Score: 63/100
Value
75
Priced 21.5% below area median of $699,000 based on 17 comparable properties nearby 100
Stable pricing - no price changes since original listing date 50
Size
66
3 bedrooms - typical for similarly priced homes 60
1 bathroom - 1 fewer than similarly priced properties nearby 48
11,115 sqft lot - an oversized lot for the area 90
Location
74
$75K median household income - near the Canadian average of $70K 67
86% of residents hold postsecondary credentials - a highly educated neighbourhood 93
96% homeownership rate - indicating a stable, owner-occupied community 97
37% of residents commute under 30 minutes - longer average commute times 59
17/km² population density - a rural or semi-rural setting 55
Market
47
Just listed - area average is 132 days on market 100
-93% median price change over 1 month - declining prices in the area 1
88 months of housing supply - 88 active listings with 1 sold last month (buyer's market) 40
Features
58
4-car garage - area average is 10.2 spots 95
None basement 30
baseboard heating throughout 55
None 30
Waterfront, View - premium features that add significant value 80
Investment
59
0.57% effective tax rate ($3,126/yr) - very low tax burden 83
4% renter population - primarily owner-occupied area 35
Quality
50
Condition
50
Listing
89
42 photos provided - below the area average of 44 photos 92
6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.

Full Listing Description

All Property Details

Neighbourhood Census Data

Alnwick/Haldimand, Ontario

Population
599
Median Age
54.5
Median Income
$32,960
Dwelling Value
$299,121

Housing Tenure

Owners 96%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.4
Pop. Density: 16.6/km²
Avg Shelter Cost: $998/mo
Owners with Mortgage: 47.6%
Owners Spending 30%+: 14.3%
Tenants Spending 30%+: 0%
English only: 94.1%
English and French: 5%
Neither: 0.8%
Median Household Income: $74,752
Median Employment Income: $27,200

Price History

Contact Agent Get in touch about 134 - 362 7th Line Road, Alnwick/haldimand

TRUDY CATHERINE WILSON
RE/MAX HALLMARK EASTERN REALTY