$539,900

For sale

191 Red Cedar Point Road, Stone Mills (Stone Mills) - Single Family for Sale

191 Red Cedar Point Road, Stone Mills (Stone Mills), Ontario, K0K3N0

2 beds1 bath11 parking900 ft²103 × 165 ft (16,985 sq ft) lot sizeListed 43 days ago

Overview

This 2-bedroom, 1-bathroom home in Stone Mills is for sale offering roughly 900 sq ft of space. Listed at $539,900, it is attractively priced about 17% below the $649,900 median asking price in Stone Mills. It has been on the market 43 days, fresher than the Stone Mills average of 64 days.

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Description

Welcome to waterfront living on beautiful Varty Lake in Yarker! This spacious 4-season home offers a fantastic opportunity to enjoy lake life year-round on a mature, level waterfront lot with beautiful views and plenty of room to relax and entertain. The home features a solid, functional layout with a generously sized open-concept kitchen and living area, two good-sized bedrooms, and a bright screened-in sunroom overlooking the lake. A propane fireplace provides a cozy focal point in the main living area, with electric baseboard heating throughout. While the interior is ready for some cosmetic updating, the home offers solid bones and plenty of potential for buyers looking to make a waterfront property their own. Outside, you'll find a spacious yard with mature trees, direct access to Varty Lake, storage sheds, a carport, and recently replaced shingles for added peace of mind. The property is serviced by a septic system, offering an advantage over many waterfront properties in the area. Whether you're looking for a full-time residence, family cottage, or a waterfront property to update overtime, this is an excellent opportunity to create something special in a peaceful lakeside setting just a short drive from Kingston and Napanee. (id:66096)

Property Details

MLS®: X13812776
Property Type: Single Family
Zoning: SR/RE
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 11
Interior Size: 900 ft²
Lot Size: 103 × 165 ft (16,985 sq ft)
Frontage: 103 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Baseboard heaters, Propane
Cooling: None
Garage: Garage, Carport
Fireplace: Yes
Waterfront

Rooms

Main level

Kitchen: 4.46 x 3.61 meters
Dining room: 3.43 x 3.07 meters
Living room: 4.46 x 3.78 meters
Sunroom: 3.07 x 6 meters
Primary Bedroom: 3.41 x 3.05 meters
Bedroom 2: 3.43 x 3.06 meters
Bathroom: 1.5 x 2.65 meters
Laundry room: 1.63 x 2.64 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Water Heater
Foundation: Unknown
Exterior: Brick
Lot Features: Flat site

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

Stone Mills (Stone Mills) listings, avg age

64d

Price / ft²

$600

List price

$540K

Homes here sell slower than most markets

Sold homes in this market spent an average of 61 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Stone Mills (Stone Mills) has been listed for 43 days, which is 21 days fresher than the city average of 64. Act while there is still low competition.

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Listed by RE/MAX RISE EXECUTIVES, BROKERAGE · JASON BARBOSA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $539,900, about 6.5× the local median household income of $83,000.

Carrying it typically needs a household income of about $105,461 (20% down, 25-yr amortization, stress-tested) — roughly 27% above the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$539,900· $600/ft²

For sale

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Full Cost Breakdown

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Down Payment5.37% · $28,990

Min 5.37%50%

Mortgage payment$2,833/mo

↳ CMHC premium ($20,436 capitalized)

Property tax (est.)$255/mo

Total monthly$3,087

Cash Needed to Close

Down payment (5.37%)$28,990

Land transfer tax$7,273

Est. closing costs$4,120

Total cash needed$40,383

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