242 Island Road, Toronto, ON M1C 2R2
Toronto E10 · Rouge E10
For Sale · Detached
1 hour ago
242 Island Road, Toronto, ON M1C 2R2
Scarborough · Rouge E10
MLS® E14116910
$699,000
3 + 1
Beds
2
Baths
3
Parking
700-1100
Sq ft
Not available
Built
Renavu EstimateMedium confidence
Priced in line with our estimate
Estimated value: $702,000
Likely range $585,000–$820,000
How this compares Overview
About this home
- 3 + 1 bedrooms, 2 bathrooms, 3 parking spaces
- Detached brick bungalow on a 60 x 159 ft. lot
- Separate basement entrance
- 3 + 1 bedroom currently converted to a dining room
- Sold in as-is condition and requires renovations
- 700-1100 sq ft
Key points are generated by Renavu from the listing description — not from, provided by, or endorsed by TRREB or PropTx.
Property details
Property tax
$5,022 (2025)
Lot
60 × 159 Feet
Style
Bungalow
Heating
Forced Air
Cooling
Central Air
MLS®
E14116910
Details
Full details
Parking
GarageAttached
Driveway2
Garage spaces1
Total parking3
Parking featuresPrivate
Room dimensions
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 4.17 × 4.44 Meters | Bow Window |
| Kitchen | Main | 2.88 × 5.36 Meters | Breakfast Area, Picture Window |
| Primary Bedroom | Main | 3.01 × 3.28 Meters | Double Closet, Window |
| Bedroom 2 | Main | 2.79 × 3.33 Meters | Large Closet |
| Bedroom 3 | Main | 3.51 × 3.56 Meters | W/O To Yard |
Market · Renavu Intelligence
How this home fits the market
See comparables
Renavu Estimate ⓘ
$702,000Medium confidence
Estimated value: $585,000 – $820,000
$3,000 above the asking price
Asking price
$699,000
↓ −0.4%
vs. our estimate
Priced in line with our estimate
Homes here sell at about 96% of asking (17 recent sales nearby). The estimate comes from comparable sales and our model — the asking price is shown for comparison, not folded in.
Benchmark $938,000
$891,000 – $985,000Typical low – high
List price$699,000
Renavu estimate$702,000
Benchmark$938,000
Typical range$891,000 – $985,000
Priced in line with our estimate
Homes here sell at about 96% of asking (17 recent sales nearby). The estimate comes from comparable sales and our model — the asking price is shown for comparison, not folded in.
The Renavu Estimate and the figures in this section are produced by Renavu using our own analysis — not statistics from, provided by, or endorsed by TRREB or PropTx. Underlying property data is provided through TRREB/PropTx and is deemed reliable but not guaranteed accurate. Renavu Estimate is our data-driven opinion of value and a market reference — not this home's exact value.
Comparables
Gathering recent comparable sales nearby…
Run the numbers
True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 6.4% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$10,455
Toronto municipal LTT$10,455
Legal · title · inspection$2,800
Closing costs$23,710
Down payment$139,800
Total cash to close$163,510
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
Location
Listed by RE/MAX CROSSROADS REALTY INC. · MLS® E14116910
History
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| 2026-10-26 | — | $699,000 | For Sale | E14116910 |
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