1523 Lake Road, Stone Mills, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 63 - Stone Mills. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $449,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 55.51 x 448.71 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free
- Efficient forced air heating via propane
Description
Set well back from the road for peace and privacy, this well designed bungalow sits on nearly 1.5 acres of beautifully landscaped grounds, complete with a year-round creek running along the south side of the property. The home has been extensively updated throughout, featuring all new flooring and fresh paint, modern pot lighting, and a partially upgraded kitchen and bathroom that bring both style and function to the space. Large, bright windows fill the home with natural light, while the stunning stone fireplace becomes a focal point in the inviting living room. The lower level has been partially finished to extend the living space, offering a generous rec room, a new 2-piece bathroom, and two flexible bonus rooms perfect for hobbies, a home office, or additional guest space. Practical updates, including a propane furnace and a durable metal roof, ensure comfort and low maintenance for years to come. Outdoors, the property is equally impressive, with mature trees and thoughtfully designed landscaping creating a serene, parklike setting. An updated covered deck provides the perfect spot to host family and friends, while the hot tub offers a private retreat to unwind and enjoy the tranquil surroundings. For those needing space to store equipment, vehicles, or pursue projects, the large outbuildings on the property provide excellent storage and workshop potential. This property truly offers the best of both worlds, a move-in-ready home with modern upgrades, combined with natural beauty and functional outdoor space.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1523 Lake Road, Stone Mills, ON K0K 1Z0
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About Purchasing a Home in Stone Mills, ON
For a property listed at $449,900 in Stone Mills, the legal minimum down payment is $22,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,473 for this transaction. As this listing is in Stone Mills (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.