$549,000

For sale

#626 18 Mondeo Drive, Toronto (Dorset Park) - Single Family for Sale

#626 18 Mondeo Drive, Toronto (Dorset Park), Ontario, M1P5C8

2 beds2 baths1 parking$750/mo condo feeListed 94 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale. Its $549,000 asking price sits right in line with the $549,000 median in Toronto.

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Description

Welcome to Mondeo Springs, one of the best two-bedroom opportunities in the area! This 980 sqft move-in-ready Tridel corner suite offers exceptional value, a bright open layout, and an abundance of natural light throughout.Freshly painted and meticulously maintained, this spacious south-facing unit features a desirable split-bedroom corner layout, creating a larger, brighter living space. Step onto the private balcony and enjoy sunny southern views, perfect for relaxing.Residents enjoy an outstanding selection of resort-style amenities, including 24-hour concierge and security, an indoor pool, hot tub, sauna, fully equipped fitness centre, basketball court, billiards and games room, theatre room, party room, guest suites, community BBQ area, and ample visitor parking.Ideally located just minutes from Scarborough Town Centre, with convenient access to Highway 401, Highway 404, and the Don Valley Parkway. You'll also be within walking distance of TTC, shopping, restaurants, schools, parks, hospitals, and everyday amenities, making this an ideal location for commuters and professionals alike.Whether you're a first-time buyer, downsizer, or investor, this turnkey condo offers the perfect combination of style, comfort, convenience, and exceptional value. Don't miss this rare opportunity-book your private showing today! (id:66096)

Property Details

MLS®: E13632290
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $750/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,646/yr
Listed: 94 days ago

Rooms

Main level

Kitchen: 2.28 x 2.26 meters
Eating area: 1.66 x 2.26 meters
Primary Bedroom: 3.34 x 3.49 meters
Bedroom 2: 3.17 x 2.93 meters
Living room: 6.08 x 4.34 meters
Dining room: 6.08 x 4.34 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, Microwave, Window Coverings
Flooring: Ceramic
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

94d

Toronto (Dorset Park) listings, avg age

63d

List price

$549K

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) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RIGHT AT HOME REALTY · MASON CHIU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1P)

This home lists at $549,000, about 7.2× the local median household income of $76,000.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 41% 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)

$549,000

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$221/mo

Condo fee$750/mo

Total monthly$3,848

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$14,910

Est. closing costs$4,147

Total cash needed$48,957

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