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27 Island Lake Road

27 Island Lake Road

Mono, ON

  • 5 bed
  • 3 bath
  • approx. 2000-2500 sqft
  • Detached
  • 108 days on market
$1,979,000Price reduced 10%

A perfect blend of European elegance and modern sophistication in this stunning Island Lake bungalow on .7 acres. Absolute privacy for the inground pool & massive composite deck provided by extensive lush landscaping & wrought iron fencing. Home includes a beautifully finished in-law apt in lower level to accommodate flexible living styles, such as space for the adult children or senior members of the family or potential work-at-home space. Pet free since occupancy of original owners. Note extra details such as curved & palladium windows with shutters throughout. The heart of the home is the magnificent kitchen with two generous islands topped by granite countertops, along with much more counter space (topped with laminate) and many, many cupboards, WI pantry, 2 ovens & gas cooktop built in. Bakers & cooks will love it! Kitchen overlooks 2 storey dining area with palladium windows & a view of the pool and deck. Great room is semi open to foyer & DR & features a gorgeous carved wood gas FP. Primary suite on main fl has a vaulted ceiling, huge WI closet with upscale organizers & a spectacular vaulted ensuite bathrm where both have their own space-2 vanities w sinks on opposite sides, toilet set privately in a closet & sunken bathtub. W/O from Primary to private deck for morning coffee. Two more BRs on this level + 4 pc bathroom, along with laundry/mudrm adjacent to kitchen giving access to deck & 3 car garage. Gleaming wood stairs lead to lower level with spacious open living space & 2nd elegant kitchen with quartz counters. Beautifully appointed bathrm here & a 4th BR-the only area in home with comfy carpet. Potential 5th BR is presently hair salon with plumbing but could be split into 2 rooms or laundry facilities added. Island Lake is close by, along with Island Lake Public School. Orangeville easily reached for shopping, restaurants & theatre. Perfect home for outdoor BBQs with friends & family or private pool moments in summer & entertaining in cooler months.

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Listing Details

Taxes (2026)
$9,245
Originally Listed
$2,199,000
Listed
May 25, 2026

Price History

Property

Style
Bungalow
Age
16-30
Construction
Brick, Stone
Roof
Shingles
Foundation
Poured Concrete
Interior
Air Exchanger, Auto Garage Door Remote, Built-In Oven, Carpet Free, Central Vacuum, Countertop Range, In-Law Suite, Primary Bedroom - Main Floor, Water Softener, Water Treatment
Lot Size
120.9 x 218 Feet

Parking

Garage
Attached
Covered Spaces
3
Total Parking
11

Utilities

Sewer
Septic
Heat Source
Gas

Location & Legal

Cross Street
1st Line EHS & Hwy 9
Parcel Number
340200958
Possession
90+ days
Occupancy
Owner

Included

Inclusions
Pool equipment, Vanee HRV, window shutters, electric light fixtures, bathroom mirrors. Reverse osmosis system, fridge, stove, BI DW, BI microwave (all in kitchen). Washer, dryer in laundry room. BI microwave & reverse osmosis in lower level. Nest Wi Fi System, water softener, in-ground sprinklers, landscape solar lights, alarm system (monitored), garage door remotes, TV mounts. All bathrooms have heated floors. Heated floor in lower level kitchen. 2 electric panels-one for upper, one for lower level, exterior walls spray foamed. Updates: garage doors & furnace 2025, bedroom hardwood 2023. Septic pumped in 2025. Large grassed area outside of fence. Great spot for playground, play soccer, host a wedding etc.
Exclusions
Fridge, stove & stand up freezer in lower level
Rental Items
water heater

Schools

Elementary

  • Island Lake Public School1.5 km

    Public · Upper Grand DSB · 525 students

    Grade 3 reading: 85% met the provincial standard · Grade 6 math: 44% met the provincial standard

  • Princess Margaret Public School2.7 km

    Public · Upper Grand DSB · 280 students

    Grade 3 reading: 88% met the provincial standard · Grade 6 math: 46% met the provincial standard

  • Mono-Amaranth Public School3 km

    Public · Upper Grand DSB · 295 students

    Grade 3 reading: 89% met the provincial standard · Grade 6 math: 48% met the provincial standard

Secondary

  • Orangeville District Secondary School2.9 km

    Public · Upper Grand DSB · 1095 students

    Grade 10 literacy: 82% met the provincial standard

  • Dufferin Centre for Continuing Education3.4 km

    Public · Upper Grand DSB

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L9W

Population
48,790
Private dwellings
17,840
Median age
40.4
Average household size
2.8
Median household income
$110,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Mono · last 12 months

Median sold price
$1,285,250
Homes sold
76
Median days on market
36
Sale-to-list price
95.9%

Based on 76 recorded sales of residential freehold properties in Mono over the last 12 months.

Rooms

4-piece on Main, 5-piece on Main, 3-piece on Lower

Main

  • Bedroom 214'8" x 10'7"
  • Bedroom 311'11" x 11'1"
  • Dining Room12'2" x 21'6"
  • Foyer6'10" x 12'
  • Great Room18'4" x 14'2"
  • Kitchen13'10" x 19'11"
  • Laundry7'1" x 13'
  • Primary Bedroom18'3" x 13'1"

Lower

  • Bedroom 415'9" x 13'8"
  • Bedroom 526'5" x 13'6"
  • Family Room34'2" x 35'1"
  • Kitchen7'9" x 20'8"

Listed by

ROYAL LEPAGE RCR REALTY

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$395,800

Estimated Monthly Payment

$9,722

Land transfer tax

Estimated land transfer tax$36,055

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $9,722/mo (20% down, 5.5%)

Taxes: $770/mo · Insurance: $495/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Home includes a beautifully finished in-law apt in lower level to accommodate flexible living styles, such as space for the adult children or senior members of the family or potential work-at-home space.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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