$ 699,000

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
242 Island Road

Contact Agent Get in touch about 242 Island Road, Toronto

CAMMERSON PATHMARATNAM
CAMMERSON PATHMARATNAM
RE/MAX CROSSROADS REALTY INC.