242 Island Road, Toronto
Estate Sale - Welcome to 242 Island Road!A great opportunity for renovators, investors, and buyers looking to create their dream home. This detached three-bedroom brick bungalow sits on a generous 60 x 159 ft. lot and features a separate basement entrance.The property requires renovations and is being sold in as-is condition. The third bedroom has been converted into a dining room but can potentially be converted back into a bedroom to suit your needs.Excellent potential to renovate, customize, and add value. Don't miss this opportunity to own a property with a spacious lot and plenty of possibilities! (id:1945)
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Property details for 242 Island Road, Toronto
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 4
- Bathrooms
- 2
- Lot Size
- 60 x 159 FT
- Stories
- 1
- Basement
- Finished, Separate entrance, N/A, N/A
- Parking
- Attached Garage, Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick, Brick Facing
- Ownership
- Freehold
- Annual Taxes
- $5,022 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 242 Island Road
Active Listings
2
Min Price
$699,000
Max Price
$998,800
Avg Price
$848,900
Days on Market
3
days
Sold Listings
2
Min Sold Price
$878,800
Max Sold Price
$999,000
Avg Sold Price
$938,900
Days until Sold
16
days
Neighbourhood Census Data
Toronto, Ontario
Population
430
Median Age
49.1
Median Income
$50,987
Dwelling Value
$869,642
Housing Tenure
Owners 90%
Renters 10%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.9
Pop. Density: 487.5/km²
Avg Shelter Cost: $1,667/mo
Owners with Mortgage: 57.7%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 0%
English only: 89.4%
English and French: 9.4%
Median Household Income: $140,288
Median Employment Income: $51,808
Price History
Listed
October 26, 2026
by RE/MAX CROSSROADS REALTY INC.
Current Price
$699,000
Type
Residential
For Sale