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    Toronto / Scarborough / Dorset Park - Scarborough

    1224 - 18 Mondeo Dr

    For SaleMondeo Springs II Condos
    $522,000
    1 Bed + 1
    1 Bath
    1 Parking
    690 SQFT
    23 Days on Strata
    Est Sell Timeframe
    13 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $501/mth
    Taxes:
    $1,824 (2024)
    Cost Per Sqft:
    $757/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    South
    Possession Date:
    October 30, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Ceramic Floor, O/Looks Living, Breakfast Bar
    8.3 x 8.3ft
    Dining
    Combined with Living, Laminate, Open Concept
    19.23 x 10.27ft
    Living
    Combined with Dining, Laminate, Walkout To Balcony
    19.23 x 10.27ft

    About this Listing

    Quality Tridel built. Well run meticulously maintained building. Gorgeous south facing suite with sweeping views of greenery and the Toronto Skyline, high enough to enjoy in peace and quiet. This spotless, spacious unit is freshly painted with a large master bedroom and a large den with closet that can easily be converted into a second bedroom. One locker and one parking spot are included. Top of the line amenities include: indoor pool, billiard room, gym, movie theatre, card room, party room, basketball court, games room, 24hr concierge and even a guest suite for family visitors! All this at an exceptional price! Opportunity knocks...

    ipro realty ltd.MLS® #E9860609

    Amenities

    Party Room
    Visitor Parking
    Gym Room
    Sauna
    Tennis Court
    Bike Storage

    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 II Condos vs The Dorset Park - Scarborough Area

    Building Trends At Mondeo Springs II Condos

    Days on Strata

    Units at Mondeo Springs II Condos spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    5.2
    YEARS before being sold again

    Property Value

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

    Price Ranking

    2nd
    Highest price per SQFT out of 27 condos in the Dorset Park - Scarborough area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    9
    Units were Rented over the past twelve months

    Best Value Rank

    Mondeo Springs II Condos offers the
    ?
    best value out of 27 condos in the Dorset Park - Scarborough neighbourhood

    Appreciation Rank

    Mondeo Springs II Condos has the
    ?
    highest ROI out of 27 condos in the Dorset Park - Scarborough neighbourhood

    Rental Yield

    Mondeo Springs II Condos yields the
    ?
    highest rent prices out of 27 condos in the Dorset Park - Scarborough neighbourhood

    High Demand

    Mondeo Springs II Condos is the
    ?
    most popular building out of 27 condos in the Dorset Park - Scarborough neighbourhood

    Transaction Insights at 18 Mondeo Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$516,000 - $550,000$600,000 - $658,800$625,000 - $654,000No DataNo Data
    Avg. Cost Per SqftNo Data$768$721$700No DataNo Data
    Avg. Wait for Unit Availability73 Days58 Days87 Days150 DaysNo Data314 Days
    Ratio of Units in Building24%29%27%19%1%3%

    Transactions vs Inventory

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