28 Front Street, Stone Mills

$1,169,000
28 Front Street

$1,169,000

New
22d
Detached2 1/2 Storey

28 Front Street, Stone Mills

Total Monthly Obligation $5,596

Beds
3
Baths
3
Park
6
Sqft
3500-5000
DOM
22d
Score
15
Yield
2.9%
Cash on Cash
-11.4%
Cap Rate
2.1%
5Y IRR
6.7%
10Y IRR
7.7%
Property Type-Detached
MLS® Number-X13850000
Beds-3
Bathrooms-3
Size-3500-5000 sqft
Lot Size-71.73 × 96.64 ft
Listed on site-Oct 1, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$6,065.21 (2026)
Parking-6 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Cooling-Window Unit(s)
Laundry-No
Fireplace-Living Room, Wood, Wood Stove
Pool-None
Facing-West
Exterior-Stone
Roof-Metal
Foundation-Stone
Sewer-Holding Tank
Possession-Flexible
Neighbourhood-63 - Stone Mills
Title-Residential Freehold

No agent assigned

Set along an idyllic riverside setting in the charming village of Newburgh, ON, this extraordinary stone residence-originally built in 1864 as Hooper's Mill-offers a rare opportunity to own a truly historic landmark. Meticulously restored and thoughtfully converted into a private home, the property showcases exceptional craftsmanship, character, and timeless design. Offered for sale for the first time in over 50 years, this remarkable estate consists of three separately deeded parcels with approximately 479 ft of waterfrontage along the Napanee River. Surrounded by beautifully landscaped gardens and picturesque natural scenery, the property welcomes you via a charming wooden footbridge beside a cascading waterfall. Inside, a sun-filled foyer and stairwell lead to the main living quarters above. The ground level features a workshop, forge, pantry, utility room ideal for canning or winemaking, and a fully equipped one-bedroom in-law suite perfect for guests or extended family. Large windows throughout flood the home with natural light and frame stunning river views. The main living level offers expansive open-concept living, dining, and kitchen spaces enhanced by original pine floors, soaring ceilings, exposed beams, and preserved architectural details. A Rumford brick fireplace creates a warm focal point for entertaining and everyday living. Two spacious bedrooms and a beautifully appointed four-piece bathroom with a clawfoot tub and walk-in shower complete this level. The third floor includes a studio, office, two-piece bath, and additional unfinished space ready for customization. The basement offers another studio area, generous storage, and utility space, adding to the home's versatility. Rich in artistic flair and historic charm, this one-of-a-kind waterfront property is ideal as a full-time residence, private retreat, or inspiring getaway. Conveniently located just 10 minutes to Highway 401, 15 minutes to Napanee, and 20 minutes to Kingston.

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

Closing Costs

Mortgage Amount
$935,200
Land Transfer Taxes$19,855
Legal Fees (Est.)
$
Total cash required for closing$255,155

Total Monthly Obligation

$5,596/mo
Mortgage $4,715
Monthly Loss $4,355
Principal$1,241
Interest$3,475
Property Tax$505
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.7%0
5-Year IRR
4.1%9
10-Year IRR
6.0%
Returns Index
5.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$33,600/yr
NOI
$19,675/yr
Net Cash Flow
-$3,076/mo
Cash Margin
-109.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.353
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
15.9/ 100

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

Comparables

Properties near 28 Front Street

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