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Rural Mono, Mono
$1,999,000
Welcome to 4 Island Lake Road, an impressive 4+1 bedroom bungalow with loft nestled in the prestigious Island Lake Estates community of Mono. Offering exceptional space and a versatile layout, this home is ideally suited to large, extended or multi-generational families. The main level features expansive principal rooms, hardwood flooring, a dedicated home office and two bedrooms, including the spacious primary retreat complete with a luxurious 5-piece ensuite. At the heart of the home is the large entertainer's kitchen featuring stainless steel appliances, generous space for family and friends to gather and a walkout to the deck for seamless indoor-outdoor living and entertaining. Upstairs, the loft level offers two additional bedrooms and a 4-piece bathroom, creating a private and functional space for children, guests or extended family. The finished walkout lower level adds another impressive dimension to the home, featuring an additional bedroom, an expansive recreation room with additional office/workspace, a separate exercise room and a storage room/wine cellar. With a walkout to the property, this level offers outstanding flexibility for recreation, working from home, guests or multi-generational living. Located in sought-after Island Lake Estates, this beautiful estate community is surrounded by nature and an extensive network of trails, with convenient access to Island Lake Conservation Area and its hundreds of acres of protected greenspace, lake and recreational opportunities. Enjoy the tranquility and space of estate living while remaining just minutes from Orangeville's shopping, restaurants, schools and amenities. A rare combination of location, lifestyle and an exceptionally versatile floor plan with room for the entire family.
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| Type | Detached |
| Style | Bungaloft |
| Approx. Age | 16-30 |
| Size | 3000-3500 sq. ft. |
| Property Tax | $9,324 |
| Lot Size | 132.09 ft x 210.77 ft |
| mls© Number | X13825102 |
| Listed By | CENTURY 21 MILLENNIUM INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $10,232
- Property tax
- $777
- Heat allowance
- $150
- Housing costs
- $11,159 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$343,000
gross annual household income
- Payment at 4%
- $8,412 / mo
- Cash down
- $399,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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