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    Toronto / Scarborough / Dorset Park - Scarborough

    1002 - 8 Mondeo Dr

    For SaleMondeo Springs Condos
    $578,900
    2 Beds
    2 Bath
    2 Parking
    975 SQFT
    3 Days on Strata
    Est Sell Timeframe
    16 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $744/mth
    Taxes:
    $2,360 (2024)
    Cost Per Sqft:
    $594/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Walkout To Balcony, Combined with Dining
    19.82 x 10.14ft
    Dining
    Laminate, Open Concept, Combined with Living
    19.82 x 10.14ft
    Kitchen
    Ceramic Floor, Ceramic Back Splash, Breakfast Bar
    7.64 x 6.73ft

    About this Listing

    Welcome To Mondeo Springs By Tridel, Where Convenience Meets Comfort! This Stunning 2-Bedroom Plus Den, 2-Bathroom With 2-Parking Spaces Boasts A Bright And Spacious Open-Concept Living And Dining Area, Perfect For Entertaining Guests Or Relaxing With Family. Enjoy Unobstructed Views From Your Private Balcony, Laminate Floors, And High Ceilings Throughout. The Functional Layout Includes A Primary Bedroom With A Full Ensuite And Walk-In Closet. Located In The Heart Of Scarborough, This Residence Offers Easy Access To Shopping Plazas, Schools, Public Transit, Kennedy Commons Mall, And Major Highways Including The 401, 404, And DVP. Residents Enjoy An Array Of Amenities Including A Gym, Pool, Recreation And Billiard Room, Theatre, Basketball Court, Card Room, BBQ Area, Guest Suites, And 24-Hour Concierge Service. Plus, Heat And Hydro Are Included In The Condo Fee, Providing Added Value And Piece Of Mind.

    ExtrasDon't Miss Out On The Chance To Make This Beautiful Condo Your Own. Whether You're Looking For A Peaceful Place To Call Home Or A Prime Location That Keeps You Connected, This Condo In Scarborough Is A Perfect Choice.

    re/max metropolis realtyMLS® #E11926837

    Amenities

    Sauna
    Gym Room
    Rec Room
    Media Room
    Concierge
    Party Room

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,486
    Average Individual Income
    $55,700
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $97,273
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    27%
    35 - 49
    19%
    50 - 64
    20%
    65+
    16%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    27%
    $60,000+
    13%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    High Rise Apartment
    33%
    Detached
    25%
    Semi Detached
    22%
    Low Rise Apartment
    10%
    Duplex
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    55%
    Cantonese
    12%
    Other
    12%
    Mandarin
    10%
    Tamil
    5%
    Tagalog
    3%
    Urdu
    2%
    Gujarati
    1%
    Education
    University and Above
    33%
    High School
    25%
    None
    17%
    College
    16%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    9%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Mondeo Springs Condos vs The Dorset Park - Scarborough Area

    Building Trends At Mondeo Springs Condos

    Days on Strata

    Units at Mondeo Springs Condos spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Dorset Park - Scarborough

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 28 condos in the Dorset Park - Scarborough area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    Mondeo Springs Condos offers the
    ?
    best value out of 28 condos in the Dorset Park - Scarborough neighbourhood

    Appreciation Rank

    Mondeo Springs Condos has the
    ?
    highest ROI out of 28 condos in the Dorset Park - Scarborough neighbourhood

    Rental Yield

    Mondeo Springs Condos yields the
    ?
    highest rent prices out of 28 condos in the Dorset Park - Scarborough neighbourhood

    High Demand

    Mondeo Springs Condos is the
    ?
    most popular building out of 28 condos in the Dorset Park - Scarborough neighbourhood

    Transaction Insights at 8 Mondeo Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$500,000 - $595,888$520,000 - $559,000$600,000 - $670,000$645,000 - $665,000
    Avg. Cost Per Sqft$793$803$679$635
    Avg. Wait for Unit Availability70 Days81 Days61 Days150 Days
    Ratio of Units in Building29%28%26%19%

    Transactions vs Inventory

    Total number of units listed and sold in Dorset Park - Scarborough