$469,000

$489,000For salePrice drop↓ $20,000 (4%)

#1229 18 Mondeo Drive, Toronto (Dorset Park) - Single Family for Sale

#1229 18 Mondeo Drive, Toronto (Dorset Park), Ontario, M1P5C8

2 beds1 bath1 parking650 ft²$526/mo condo feeListed 59 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $469,000, it is attractively priced about 15% below the $549,000 median asking price in Toronto. It has been on the market 59 days, fresher than the Toronto average of 63 days.

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Description

Welcome to this exceptionally spacious 1+1 bedroom condo at 18 Mondeo Drive, Unit 1229. Offering an ideal blend of comfort, functionality, and generous living space, this bright unit features laminate flooring throughout, an updated kitchen with convenient pass-through counter, and an updated 4-piece bathroom with a modern new vanity. The large primary bedroom provides plenty of space for a king-size bed with plenty of room to spare, along with an abundance of closet storage. The spacious den offers even more flexibility and features a large closet and built-in storage, making it ideal for a home office or additional living space. Enjoy distinct living and dining areas, creating a comfortable layout for both everyday living and entertaining. Enjoy your morning coffee or unwind at the end of the day on you very own north-facing balcony. Residents enjoy an impressive array of amenities, including 24-hour concierge service, indoor pool, gym, games room, media room, party room, and guest suites. A spacious and well-appointed home in a well-equipped building-perfect for first-time buyers, downsizers, or investors. (id:66096)

Property Details

MLS®: E13750954
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $526/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,956.64/yr
Listed: 59 days ago

Rooms

Main level

Living room: 2.87 x 3.23 meters
Dining room: 2.84 x 3.66 meters
Kitchen: 2.87 x 2.59 meters
Bedroom: 4.17 x 2.9 meters
Den: 2.44 x 3.28 meters
Bathroom: 1.52 x 2.44 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Flooring: Tile, Laminate, Ceramic
Exterior: Concrete, Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

59d

Toronto (Dorset Park) listings, avg age

63d

Price / ft²

$722

List price

$469K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Dorset Park) has been listed for 59 days, which is 4 days fresher than the city average of 63. Act while there is still low competition.

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Listed by RE/MAX ULTIMATE REALTY INC. · ANGELO VRETOS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1P)

This home lists at $469,000, about 6.2× the local median household income of $76,000.

Carrying it typically needs a household income of about $91,612 (20% down, 25-yr amortization, stress-tested) — roughly 21% above the area median.

Median household income: $76,000
Population: 45,170
Median age: 39.6
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1P)

$469,000· $722/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,450

Min 5%50%

Mortgage payment$2,470/mo

↳ CMHC premium ($17,822 capitalized)

Property tax (est.)$163/mo

Condo fee$526/mo

Total monthly$3,159

Cash Needed to Close

Down payment (5%)$23,450

Land transfer tax$11,710

Est. closing costs$3,907

Total cash needed$39,067

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