196 Academy Street, Stone Mills, ON

$699,900
MLS#:X10430260
4 beds
2 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 4, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 63 - Stone Mills. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $699,900 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 2000-2500 sqft on a premium 662.07 x 124.3 ft lot
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned
  • Efficient radiant heating via gas

Description

Welcome to this charming 4-bedroom, 2-bathroom home nestled in the heart of the historic village of Newburgh, also known as Rogues Hollow. This spacious slab-on-grade home boasts a bright and open main floor, featuring a seamless flow between the living room, dining area, and kitchen perfect for entertaining or family gatherings. The primary bedroom is conveniently located on the main level and includes a private ensuite and walk-in closet. Upstairs, you'll find two additional bedrooms, a 3-piece bath, a cozy sitting area, and a large games room, perfect for recreation or relaxing. A unique bonus is the versatile loft, which can serve as a fourth bedroom or creative space. Outside, enjoy the convenience of a 2-car attached garage and relax in the private backyard, complete with an inground pool for those warm summer days. Situated on a quiet street, this home offers the perfect blend of tranquility and village charm. Set along the beautiful Napanee River, don't miss this opportunity to live in the peaceful and picturesque community of Newburgh!

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Property Summary

This detached home located at 196 Academy Street, Stone Mills is currently for sale and has been available on SousaSells for 606 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 4 beds, 2 bathrooms, and is 2000-2500 square feet. 196 Academy Street, 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
4
Bathrooms
2
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 4, 2024
Sold price information is available to members only
Listed Date11/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Vinyl Siding
BasementNone
Lot Size662.07 × 124.3 Feet
CountyLennox & Addington
Annual Tax$5,828.43
Legal DescriptionPT LT 18 CON 1 CAMDEN EAST PT 2 29R5033: STONE MILLS & PT LT 18 CON 1 CAMDEN EAST PT 3 29R5033; STONE MILLS(as per Gewoarehouse)

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingNone

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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196 Academy Street, 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 196 Academy Street, Stone Mills, ON K0K 2S0

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$209,970 (30.0%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period30 Years
Estimated Monthly Payment$2,330Based on a loan of $489,930 over 30 years.
Purchase Price$699,900
Loan Amount$489,930
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Stone Mills, ON

For a property listed at $699,900 in Stone Mills, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.

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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.