
27 Island Lake Road
Mono, ON
- 5 bed
- 3 bath
- approx. 2000-2500 sqft
- Detached
- 108 days on market
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.
Virtual Tour
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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
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Location
Street View
Mortgage Calculator
$395,800
Estimated Monthly Payment
$9,722
Land transfer tax
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
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Mortgage: $9,722/mo (20% down, 5.5%)
Taxes: $770/mo · Insurance: $495/mo
Estimates only. Consult a financial advisor.
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