$680,000

For sale

#552 83 Mondeo Drive, Toronto (Dorset Park) - Single Family for Sale

#552 83 Mondeo Drive, Toronto (Dorset Park), Ontario, M1P5B6

3 beds2 baths1 parking1,300 ft²$536/mo condo feeListed 8 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 8 days, fresher than the Toronto average of 65 days.

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Description

Welcome to Mondeo Townhomes! Beautifully maintained and thoughtfully upgraded by the original owner, this spacious and functional townhome is nestled in a quiet, family-friendly gated community with 24/7 security. The open-concept main floor features a bright and seamless living and dining area, ideal for everyday living and entertaining. The fully finished lower level offers additional living space, including a versatile office/den that can easily be used as a third bedroom or guest suite-perfect for an in-law suite or visiting guests. Freshly painted throughout, with a new stacked washer and dryer on the main floor (2025), furnace and A/C (2022), and upgraded kitchen appliances (2024). Conveniently located near TTC, Hwy 401, DVP, Kennedy Commons, University of Toronto Scarborough, and Centennial College. An excellent opportunity for first-time buyers, families, or investors seeking comfort, convenience, and a welcoming community. Don't miss this opportunity to make this wonderful townhome your new home! (id:66096)

Property Details

MLS®: E14121812
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $536/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $3,122.96/yr
Listed: 8 days ago

Rooms

Main level

Living room: 5.78 x 4.03 meters
Dining room: 2.58 x 2.01 meters
Kitchen: 3.65 x 2.67 meters

Second level

Primary Bedroom: 5.93 x 4.05 meters
Bedroom 2: 4.05 x 3.24 meters

Lower level

Bedroom 3: 3.53 x 2.78 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Flooring: Tile, Hardwood
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Dorset Park) listings, avg age

65d

Price / ft²

$523

List price

$680K

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 8 days, which is 57 days fresher than the city average of 65. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · LUKE FRASER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1P)

This home lists at $680,000, about 8.9× the local median household income of $76,000.

Carrying it typically needs a household income of about $132,828 (20% down, 25-yr amortization, stress-tested) — roughly 75% 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)

$680,000· $523/ft²

For sale

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Full Cost Breakdown

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Down Payment6.32% · $43,000

Min 6.32%50%

Mortgage payment$3,532/mo

↳ CMHC premium ($25,480 capitalized)

Property tax (est.)$260/mo

Condo fee$536/mo

Total monthly$4,328

Cash Needed to Close

Down payment (6.32%)$43,000

Land transfer tax$20,150

Est. closing costs$4,540

Total cash needed$67,690

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