40 Oak Lane, Stone Mills, ON

$724,900
MLS#:X13550694
2 beds
1 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 63 - Stone Mills. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $724,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 104.99 x 100 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned, Water Softener, Water Treatment
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Welcome to 40 Oak Lane, a peaceful rural retreat just outside the village of Tamworth on beautiful Beaver Lake. This well - maintained home offers two bedrooms plus a multi-use room that could be converted to a third Bedroom, giving you excellent flexibility for your lifestyle and needs. Inside, the home features a comfortable and inviting layout, including a Propane Fireplace in the family/dining area that adds warmth and character to the main living space. The interior is bright and functional , offering a blend of cozy rooms and open areas suitable for everyday living and gathering. Extensive decking around the home provides an ideal setting for entertaining friends or enjoying evenings outdoors, all surrounded by nicely manicured grounds and mature trees. A spacious three-car detached garage with an integrated workshop offers ample storage and workspace, making this property suitable for year-round living or a weekend escape.A place where great times and lasting memories can unfold, inviting you to make this Beaver Lake area home yours.

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Property Summary

This detached home located at 40 Oak Lane, Stone Mills is currently for sale and has been available on SousaSells for 2 days. This property is listed at $724,900 with an estimated mortgage of $2,413* per month. It has 2 beds, 1 bathroom, and is 1100-1500 square feet. 40 Oak Lane, 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
2
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/10/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementCrawl Space
Lot Size104.99 × 100 Feet
CountyLennox & Addington
Annual Tax$4,267.57
Legal DescriptionPT LT 11 CON 7 SHEFFIELD PT 2, 3 29R3227 S/T & T/W LA258431; S/T LA258100; STONE MILLS

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Waterfront

Interior Features

Water Heater Owned, Water Softener, Water Treatment

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

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Location

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40 Oak Lane, 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 40 Oak Lane, Stone Mills, ON K0K 3G0

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.

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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$217,470 (30.0%)
* Minimum Canadian down payment required for this price is $47,490.
Amortization Period30 Years
Estimated Monthly Payment$2,413Based on a loan of $507,430 over 30 years.
Purchase Price$724,900
Loan Amount$507,430
Provincial Land Transfer Tax:$10,973
Total Estimated Closing Taxes:$10,973

About Purchasing a Home in Stone Mills, ON

For a property listed at $724,900 in Stone Mills, the legal minimum down payment is $47,490 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 $10,973 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 $10,973.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$684,861

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.