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    Toronto / Scarborough / Dorset Park - Scarborough

    1517 - 8 MONDEO Dr

    For RentMondeo Springs Condos
    $2,900/mth
    2 Beds
    2 Bath
    2 Parking
    499 SQFT
    1 Day on Strata
    Est Lease Timeframe
    14 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Enclosed/Solarium
    Furnished:
    No
    Exposure:
    South
    Locker:
    Exclusive
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Parking
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Forced Air

    Room Dimensions

    Living
    12.07 x 12.07ft
    Kitchen
    Double Sink
    12.01 x 12.01ft
    Prim Bdrm
    8.01 x 6.07ft

    About this Listing

    Gorgeous South East View From the 15th floor! Spacious 2 bedroom 2 Bath with 2 PARKING and 1 locker space Split layout with Large Master bedroom( king size bed fits easily) with Walk-in closet and Ensuite Bath with Large Soaker Tub. Floor to ceiling windows. Kitchen and Eating area is private and has plenty of natural light with Large windows. The Building is clean and well maintained. Centrally Located, Steps From Transit, Minutes To Hwy 401, Walk To School or Scarborough Town Center. Amenities: 24 Concierge, Party Room, Indoor Pool, Gym, Media Room, Basketball court, Virtual Golf, Guest Suits And Visitors Parking. Utilities are all included.

    forest hill real estate inc., brokerageMLS® #E10441393

    Amenities

    Party Room
    Security System
    Visitor Parking
    Gym Room
    Sauna
    Squash Court

    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!'

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    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
    33
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    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

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 27 condos in the Dorset Park - Scarborough area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

    Mondeo Springs Condos is the
    ?
    most popular building out of 27 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$792$803$679$652
    Avg. Wait for Unit Availability74 Days79 Days61 Days150 Days
    Ratio of Units in Building29%29%26%18%

    Transactions vs Inventory

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