38 ELIZABETH Street, Stone Mills, ON

$40,000
MLS#:X11984639
0 beds
0 baths
< 700 sqft
Residential Freehold
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Property no longer active

This property was sold on March 4, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of 63 - Stone Mills. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $40,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 279.5 x 78.15 ft lot
  • 0.0 total parking spaces available
  • Notable attributes: None

Description

Priced to Sell! Discover the Charm of Newburgh - A vibrant community with essential amenities and local businesses, making it the perfect location to build your home. Nestled on top of a hill giving you river views in the winter and walking distance to Newburgh Conservation Park which is situated on the Napanee River and Newburgh Canal. The park offers a basketball court, BBQ facilities, baseball diamond, playground and scenic nature trails.Additionally the community is only a 10-minute drive to Napanee or 30-minute drive to Kingston, Providing easy access to larger urban centre while still enjoying the tranquility and charm of small town living. Make this lot yours today.

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Property Summary

This vacant land located at 38 ELIZABETH Street, Stone Mills is currently for sale and has been available on SousaSells for 512 days. This property is listed at $40,000 with an estimated mortgage of $133* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 38 ELIZABETH 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

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 4, 2025
Sold price information is available to members only
Listed Date2/21/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size279.5 × 78.15 Feet
CountyLennox & Addington
Annual Tax$290.7
Legal DescriptionLT 68 S/S ELIZABETH ST PL 97; PT LT 69 S/S ELIZABETH ST PL 97 PT 1 29R7571 AND LT 67 S/S ELIZABETH ST PL 97 TOWNSHIP OF STONE MILLS

Parking & Garage

Parking Total0.0

Heating & Cooling

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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38 ELIZABETH 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 38 ELIZABETH 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.

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Interest Rate4.00%
Down Payment$12,000 (30.0%)
* Minimum Canadian down payment required for this price is $2,000.
Amortization Period30 Years
Estimated Monthly Payment$133Based on a loan of $28,000 over 30 years.
Purchase Price$40,000
Loan Amount$28,000
Provincial Land Transfer Tax:$200
Total Estimated Closing Taxes:$200

About Purchasing a Home in Stone Mills, ON

For a property listed at $40,000 in Stone Mills, the legal minimum down payment is $2,000 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 $200 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 $200.

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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.