242 Island Road
Scarborough (Rouge), ON M1C 2R2
- 3+1Bedrooms
- 2Bathrooms
- 1Garage
- 700–1100Sq Ft
- $5,022Tax
- 60×159 ftLot Size
Estimated Value:$810,944See Free Estimate Report
Sale & Price History for 242 Island Road, Scarborough, Rouge
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 242 Island Road, Scarborough, Rouge
Summarized Description
- Detached three-bedroom brick bungalow on a large lot.
- Separate basement entrance adds potential.
- Property requires renovations, sold as-is.
- Third bedroom can be converted back from dining room.
- Great opportunity for investors and renovators.
- Spacious lot offers excellent customization options.
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!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,022
- Land Transfer Tax Fee
- $20,910
- Basement Type
- Separate Entrance, Finished
Interior Features
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Brick, Brick Front
- Roof
- Shingles
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 60.00 ft
- Lot Depth
- 159.00 ft
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 1
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3 + 1
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Primary Bedroom—Main level, Double Closet, Window
- Living Room—Main level, Bow Window
- Bedroom 3—Main level, W/O To Yard
- Bedroom 2—Main level, Large Closet
- Kitchen—Main level, Breakfast Area, Picture Window
Washrooms
- 3-piece, Main
- 3-piece, Basement
- Municipality
- Scarborough
- Neighbourhood
- Rouge
- Main cross streets
- Port Union Rd and Island Rd
- Directions
- Pt Union/Rouge Hills
- MLS® number
- E14116910
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-25
- Updated on
- 2026-10-26
- Days on market
- 2 days
- Possession type
- Flexible
- Co-op commission
- 2.5
- Seller
- Listed by
- RE/MAX CROSSROADS REALTY INC.
Home Market Value
Current home valuation for 242 Island Road, Scarborough, Rouge, Scarborough, ON. Listed for $699,000
HOMEH Estimate
$810,944
Estimated Sales Range
$640,646 - $981,242
HOMEH Estimate for 242 Island Road, Scarborough, Rouge
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $199,000 over $500K
$44,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $26,143 | $19,502 | $16,636 | $0 |
=Total mortgage | $679,708 | $648,602 | $610,786 | $559,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,319monthly | $3,167monthly | $2,982monthly | $2,730monthly |
Land Transfer Tax
$10,455
$10,455
$20,910
Around this home
No schools found nearby
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