27 Island Lake Road, Mono, ON

$1,979,000
MLS#:X13176216
5 beds
3 baths
2000-2500 sqft
11.0 parking
Residential Freehold
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Added:May 25, 2026(96 days ago)
Updated:Jul 21, 2026(39 days ago)
Last Checked:21 minutes ago

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Mono. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,979,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 120.9 x 218 ft lot
  • Features a finished, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
  • 11.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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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Property Summary

This detached home located at 27 Island Lake Road, Mono is currently for sale and has been available on SousaSells for 96 days. This property is listed at $1,979,000 with an estimated mortgage of $6,587* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. 27 Island Lake Road, Mono is in the Rural Mono neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Rural Mono, Mono.

Highly Recommended for Families
What We Love About This Home
  • •5 spacious bedroom layout offering versatile living space
  • •3 well-appointed bathrooms
  • •2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Rural Mono, Mono.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
AddedMay 25, 2026 (96 days ago)
UpdatedJul 21, 2026 (39 days ago)
Last Checked21 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Stone
BasementFinished, Apartment
Lot Size120.9 × 218 Feet
CountyDufferin
Annual Tax$9,244.86
Legal DescriptionLOT 51, PLAN 7M31, MONO.

Parking & Garage

Parking Total11.0
Parking Space8
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Hospital
  • School
  • Lake/Pond

Interior Features

  • 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

Security Features

  • Alarm System

Community Features

None listed

Frequently Asked Questions about 27 Island Lake Road, Mono, ON

Q.What is the asking price for 27 Island Lake Road, Mono, ON ?

The current listing price for 27 Island Lake Road, Mono, ON in Rural Mono, Mono is $1,979,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 27 Island Lake Road, Mono, ON ?

27 Island Lake Road, Mono, ON is a Detached (Bungalow) featuring a Finished, Apartment basement.

Q.What key property features does 27 Island Lake Road, Mono, ON offer?

Key property features include: Hospital, School, Lake/Pond.

Q.What interior features are included in this home?

Interior highlights include: 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.

Q.What security features are installed at 27 Island Lake Road, Mono, ON ?

Security features include: Alarm System.

Q.Is parking available at this property?

Yes, this property offers parking space for 11.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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27 Island Lake Road, Mono, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Rural Mono, Mono

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–¼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 27 Island Lake Road, Mono, ON L9W 5K3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mono.

Configure Loan Settings

Interest Rate4.00%
Down Payment$593,700 (30.0%)
* Minimum Canadian down payment required for this price is $395,800.
Amortization Period30 Years
Estimated Monthly Payment$6,587Based on a loan of $1,385,300 over 30 years.
Purchase Price$1,979,000
Loan Amount$1,385,300
Provincial Land Transfer Tax:$36,055
Total Estimated Closing Taxes:$36,055

About Purchasing a Home in Mono, ON

For a property listed at $1,979,000 in Mono, the legal minimum down payment is $395,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $36,055 for this transaction. As this listing is in Mono (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $36,055.

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Rural Mono, Mono Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Mono, Mono.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,807,060

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Rural Mono, Mono

Elementary Schools

Mono-Amaranth
Public246303 Hockley Road, Mono, Ontario, L9W 6K4
6.7

Secondary Schools

No secondary schools data loaded.

Rural Mono, Mono Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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