1 Island Lake Road, Mono, ON
Property no longer active
This property was sold on December 17, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Rural Mono. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $1,999,000 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a spacious lot (Feet)
- Features a walk-up, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Air Exchanger, Primary Bedroom - Main Floor, Countertop Range
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Set on a picturesque corner lot in the sought-after Island Lake Estates community, with just under an acre of manicured lawns and mature landscaping. This beautifully updated 3-bedroom bungaloft offers refined country living with a sophisticated touch. The home has been thoughtfully refreshed with light, wide-plank hardwood flooring and an interior re-paint in a soft, neutral palette. The open-concept layout is perfect for both everyday living and entertaining. The spacious gourmet kitchen features granite countertops, built-in stainless steel appliances, a wine fridge, and a brand-new garden door that leads to the covered sunroom - a perfect spot to relax or dine al fresco, rain or shine. In the living room, new garden doors open to the spacious backyard patio, complete with ready-to-go wiring for a new hot tub. The yard offers ample space to add a pool, with a gas line already roughed in and plenty of room to bring your backyard vision to life. The primary suite is a true retreat, newly renovated with custom closet space and a luxurious ensuite featuring a walk-in shower, water closet, and custom vanity - all finished with a designers eye for quality and detail. The lower level is partially finished with great potential - a roughed-in theatre room, home gym space, and a separate entrance from the garage make it ideal for a future in-law suite or private guest quarters. With hiking trails, conservation land, and nature at your doorstep and minutes from town, this is a rare opportunity to live in one of the area's most desirable communities - where convenience, peace, and privacy come together.
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Property Summary
This detached home located at 1 Island Lake Road, Mono is currently for sale and has been available on SousaSells for 344 days. This property is listed at $1,999,000 with an estimated mortgage of $6,654* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 1 Island Lake Road, Mono is in the Rural Mono neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Greenbelt/Conservation, Hospital, Lake/Pond, School
Interior Features
Air Exchanger, Primary Bedroom - Main Floor, Countertop Range, Built-In Oven, Storage, Water Heater Owned, Water Softener, Auto Garage Door Remote
Security Features
Community Features
Location
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 1 Island Lake Road, Mono, ON L9W 5K6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Mono, ON
For a property listed at $1,999,000 in Mono, the legal minimum down payment is $399,800 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 $36,455 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 $36,455.
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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.