155 Red Cedar Pt Road, Stone Mills, ON

$767,000
MLS#:X11925747
3 beds
1 baths
700-1100 sqft
12.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of 63 - Stone Mills. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $767,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 135 x 201 ft lot
  • Features a 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: Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Incredible Waterfront Deal Turnkey Cottage, Rental Investment, or Year-Round Home! Welcome to 155 Red Cedar Point Lane, an unbeatable opportunity to own a fully furnished, west-facing waterfront retreat on Varty Lake. With 135 feet of pristine shoreline, a private paved boat launch, a floating dock, and all the water toys included this is lakefront living at its finest! This property is packed with value, offering everything you need for a perfect cottage getaway, a high-performing Airbnb rental, or a full-time lakeside home. The open-concept living space is designed for comfort and relaxation, with breathtaking lake views and a seamless walkout to the landscaped backyard oasis. Imagine soaking in the hot tub under the stars, gathering around the outdoor stone fireplace, or enjoying summer evenings in the screened gazebo by the waters edge.The shoreline is ideal for swimming, and with a canoe, kayaks, and even a fishing boat included, youll be ready for adventure from day one. Winter brings even more fun, with a few hockey nets for lake skating and ice hockey. A separate garage workshop provides plenty of storage for all your gear, and the fully fenced and gated property ensures privacy and security.Unlike many seasonal cottages, this home is set up for year-round living, with the added convenience of school bus service. And if youre looking for an income-generating property, this is a proven Airbnb success, making it a rare, hassle-free investment opportunity. For all that this property offers, it's an incredible deal.

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Property Summary

This detached home located at 155 Red Cedar Pt Road, Stone Mills is currently for sale and has been available on SousaSells for 547 days. This property is listed at $767,000 with an estimated mortgage of $2,553* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 155 Red Cedar Pt Road, Stone Mills is in the 63 - Stone Mills neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 27, 2025
Sold price information is available to members only
Listed Date1/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 3
ConstructionAluminum Siding, Brick
BasementPartially Finished
Lot Size135 × 201 Feet
CountyLennox & Addington
Annual Tax$3,510
Legal DescriptionPT LT 41 CON 4 CAMDEN EAST PT 1 R120 TOWNSHIP OF STONE MILLS

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School Bus Route, Waterfront, Level, Beach, Clear View, Park

Interior Features

Sump Pump

Security Features

Community Features

Location

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155 Red Cedar Pt Road, Stone Mills, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 155 Red Cedar Pt Road, Stone Mills, ON K0K 3N0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Stone Mills.

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Interest Rate4.00%
Down Payment$230,100 (30.0%)
* Minimum Canadian down payment required for this price is $51,700.
Amortization Period30 Years
Estimated Monthly Payment$2,553Based on a loan of $536,900 over 30 years.
Purchase Price$767,000
Loan Amount$536,900
Provincial Land Transfer Tax:$11,815
Total Estimated Closing Taxes:$11,815

About Purchasing a Home in Stone Mills, ON

For a property listed at $767,000 in Stone Mills, the legal minimum down payment is $51,700 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 $11,815 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 $11,815.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 63 - Stone Mills, Stone Mills.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$691,727

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.