21 Furlong Road, Stone Mills

$397,000
21 Furlong Road

$397,000

New
28d
Detached1 1/2 Storey

21 Furlong Road, Stone Mills

Total Monthly Obligation $2,110

Beds
2
Baths
1
Park
4
Sqft
700-1100
DOM
28d
Score
35
Yield
7.6%
Cash on Cash
9.1%
Cap Rate
6.5%
5Y IRR
22.9%
10Y IRR
20.8%
Property Type-Detached
MLS® Number-X13827468
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-325 × 112.74 ft
Listed on site-Sep 25, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$1,605 (2025)
Parking-5.5 - Detached
Basement-Partial Basement, Unfinished
Heating-Baseboard (Electric)
Brokerage-RE/MAX FINEST REALTY INC., BROKERAGE
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-flexible
Neighbourhood-63 - Stone Mills
Title-Residential Freehold

No agent assigned

Looking for a cute and cozy place to call home? Are you a first time home buyer or downsizing and want to escape to a peaceful country retreat that allows you to slow down and enjoy nature and your surroundings? This charming home offers comfort, character,& with a public beach and boat launch just across the road, it is an affordable opportunity to enjoy peaceful country living and beautiful outdoor space. You will find 2 bdrms plus a cozy sitting room upstairs and1 updated bath on the main level. Recent improvements to the home include new waterproof vinyl flooring throughout the whole main floor, fresh paint in every room, several newer windows in the renovated rooms of the house, as well as most exterior doors. The beautifully renovated sunroom and bathroom (2025) are complete with new insulation, vapour barrier and pine planking wall and ceiling finishes. A unique feature was also incorporated in the design of both rooms-an original exterior wall(now an interior wall!) The bright sunroom features newer garden doors that allow access to an area of full afternoon sun for those who want to enjoy summer days basking in the sunshine! Outside, the property is full of charm with many mature lilac bushes, various types of fruit trees and established perennial gardens. The yard also has a spot for a small garden, to enjoy homegrown fresh produce next year. A gazebo nearer the house provides a wonderful spot to unwind and enjoy the peaceful surroundings and gaze into the eastern horizon. (you can also watch the beautiful sunrises from there!) The detached 1.5-cargarage offers ample room for vehicles, outdoor equipment and storage, plus a workshop at the rear that's perfect for hobbies, projects, or repairs. Conveniently located just off Highway 41in Erinsville, this home is only 20 minutes north of Napanee, 20 minutes south of Highway 7,and just 2 minutes from Tamworth, where you'll find local shops, restaurants, and everyday amenities from local businesses.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$317,600
Land Transfer Taxes$4,430
Legal Fees (Est.)
$
Total cash required for closing$85,330

Total Monthly Obligation

$2,110/mo
Mortgage $1,601
Monthly Loss $1,689
Principal$421
Interest$1,180
Property Tax$134
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.3%41
Cash-on-Cash
2.0%12
5-Year IRR
17.3%83
10-Year IRR
16.5%
Returns Index
46.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
35/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,000/yr
NOI
$20,895/yr
Net Cash Flow
$140/mo
Cash Margin
5.6%13
Cash Flow Index
13.2/ 100
Risk Profile
Weight: 20%
DSCR
1.0934
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo76
Risk Index
43.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 21 Furlong Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.