$529,900

For sale

#1322 18 Mondeo Drive, Toronto (Dorset Park) - Single Family for Sale

#1322 18 Mondeo Drive, Toronto (Dorset Park), Ontario, M1P5C8

3 beds2 baths2 parking850 ft²$686/mo condo feeListed 14 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Its $529,900 asking price sits right in line with the $549,000 median in Toronto. It has been on the market 14 days, fresher than the Toronto average of 63 days.

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Description

Welcome to Unit 1322 at 18 Mondeo Drive, a bright, south-facing 2-bedroom plus den, 2-bathroom suite on the 13th floor of Tridel's Mondeo Springs II in Scarborough's Dorset Park neighbourhood. Offering approximately 890 sq ft of living space, this condo has been freshly painted throughout and is ready for immediate possession. The kitchen has been updated with all new appliances, a new countertop and a new sink, making everyday cooking and weeknight dinners easy. Your living space flows right into your open balcony letting you enjoy the southern exposure. Two bedrooms offer comfortable space to unwind, while the den adds flexibility for a home office, reading nook or guest space. Having 2 full bathrooms keeps busy mornings running smoothly. Ensuite laundry for additional convenience. The suite also includes two indoor underground parking spaces and two owned storage lockers, and the building permits pets (with restrictions). Beyond your door, residents enjoy a concierge, an indoor pool, a gym, a games room and a party room, with visitor parking for friends and family. Step outside and find public transit connecting you to York Mills Station. Highway 401 is just minutes away via Kennedy Rd, while Kennedy Commons, Scarborough Town Centre and grocery stores are a short drive. Mondeo Park and Dorset Park are within walking distance for fresh air close to home. Picture yourself settling into Unit 1322 and making this corner of Scarborough your own. (id:66096)

Property Details

MLS®: E14109336
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $686/mo
Fee Includes: Common Area Maintenance, Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $2,524.45/yr
Listed: 14 days ago

Rooms

Main level

Kitchen: 2.33 x 2.76 meters
Den: 2.67 x 2.49 meters
Dining room: 2.94 x 1.77 meters
Living room: 4.85 x 3.78 meters
Primary Bedroom: 3.17 x 3.8 meters
Bathroom: 1.7 x 2.39 meters
Bedroom 2: 2.74 x 4.04 meters
Bathroom: 2.11 x 1.67 meters
Other: 1.37 x 1.23 meters

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

Features

Appliances: All
Flooring: Tile, Laminate
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Toronto (Dorset Park) listings, avg age

63d

Price / ft²

$624

List price

$530K

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 3-bed single family in Toronto (Dorset Park) has been listed for 14 days, which is 49 days fresher than the city average of 63. Act while there is still low competition.

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Listed by Royal LePage Real Estate Associates · SARAH PEREIRA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1P)

This home lists at $529,900, about 7.0× the local median household income of $76,000.

Carrying it typically needs a household income of about $103,508 (20% down, 25-yr amortization, stress-tested) — roughly 36% 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)

$529,900· $624/ft²

For sale

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Full Cost Breakdown

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Down Payment5.28% · $27,990

Min 5.28%50%

Mortgage payment$2,783/mo

↳ CMHC premium ($20,076 capitalized)

Property tax (est.)$210/mo

Condo fee$686/mo

Total monthly$3,679

Cash Needed to Close

Down payment (5.28%)$27,990

Land transfer tax$14,146

Est. closing costs$4,090

Total cash needed$46,226

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