242 Island Road

Rouge, Toronto · MLS® E14116910

423

House · Single Family · listed today

listed by CAMMERSON PATHMARATNAM, RE/MAX CROSSROADS REALTY INC.

realtor's description

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!

property details

type: House, Single Family
bedrooms: 4
bathrooms: 2
parking: 3
property tax: $5,022 / yr
days on market: 0
MLS®: E14116910

monthly cost

$3,464/mo

Mortgage $3,045 · Tax $419

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,045/ monthly

loan $559,200

25-year amortization

down payment20% · $139,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 26, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $354,443
cash to close: $139,800; down payment; transfer tax and fees not included
total paid: $913,643

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.