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    Toronto / Scarborough / Dorset Park - Scarborough

    723 - 18 Mondeo Dr

    For SaleMondeo Springs II Condos
    $659,900
    Price Cut: $669,500
    2 Beds + 1
    2 Bath
    1 Parking
    965 SQFT
    98 Days on Strata
    Est Sell Timeframe
    16 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $702/mth
    Taxes:
    $2,550 (2024)
    Cost Per Sqft:
    $684/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    October 15, 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

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    20.01 x 7.32ft
    Dining
    Laminate, Combined with Living
    20.01 x 10.6ft
    Kitchen
    Ceramic Floor, Eat-In Kitchen, Breakfast Bar
    17.39 x 8.24ft

    About this Listing

    Welcome To This 2 Bedroom Plus Den 2 Full Baths Located In The Vibrant Dorset Park Community Ideal For First Time Homebuyers And Investors. Quick Access To Hwy 401 And 404. Offers Abundant Amount Of Natural Light. Enjoy The Panoramic And An Unobstructed View Of City Of Toronto's CN Tower. Located Where Every Store And Amenities Needed Is Just A Short Walk, Access To Kennedy Commons, Costco, Metro, Highland Farms, Home Depot. Few Minutes Ride To Scarborough Town Centre, Walk To Schools And Parks. This Tridel Built Condo Offers Excellent Amenities: Gym, Billiard Room, Indoor Pool, Hot Tub/Whirlpool Party Room, And 24-Hour Concierge With Lots Of Visitor Parking.

    ExtrasFridge, Stove, Built-In Dishwasher, Washer And Dryer, All Electrical Light Fixtures

    homelife hearts realty inc.MLS® #E9350528

    Amenities

    Concierge
    Bike Storage
    Indoor Pool
    Tennis Court
    Sauna
    Games 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!'

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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 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
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    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

    0%
    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

    11
    Units were Sold over the past twelve months

    Rented Units

    10
    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 Availability71 Days59 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