Toronto / Scarborough / Dorset Park - Scarborough

922 - 18 Mondeo Dr

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For SaleMondeo Springs II Condos

$669,500

2 Beds

2 Bath

1 Parking

924 SQFT

5 Days on Strata

Est Sell Timeframe

17 Days

Listing History

Unit Highlights

Property Type:

Condo

Maintenance Fees:

$649/mth

Taxes:

$2,225 (2024)

Cost Per Sqft:

$725/sqft

Locker:

Exclusive

Outdoor Space:

Terrace

Exposure:

South

Possession Date:

November 29, 2024

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Water

Parking

Building Maintenance

Building Insurance

Excluded

Hydro

Heat

Air Conditioning

Utility Type

Air Conditioning: Central Air
Heat Source: Gas
Heating: Forced Air

Room Dimensions

Den

Laminate

7.84 x 8.76ft

Kitchen

Laminate, Granite Counter, Breakfast Bar

8.01 x 8.43ft

Dining

Combined with Living, Laminate, Window

19.49 x 17.49ft

About this Listing

Quality Tridel Built - Well run, meticulously maintained building. The entire unit is completely renovated in 2022 with vinyl laminate flooring, freshly painted, with its Kitchen accessories are upgraded to Quartz countertop and backsplash, and new cabinets. Appliances are newly replaced in 2022 (fridge, stove and dishwasher). This spacious unit has 2 bedrooms and 2 full bathroom; with extra Den room that can easily converted into a 3rd bedroom. Master bedroom has it is own 3-pc full bath with soaking tub. One locker and one parking spot included. Topnotch amenities: indoor pool, billiard room, gym, movie theatre, party room, basketball court, game room, and 24-hr concierge. 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, parks, library and more. As per Form 244, Please allow 24 hours irrevocability in all your offers.

right at home realtyMLS® #E9512025

Amenities

Bike Storage

Tennis Court

Sauna

Indoor Parking

Media Room

Concierge

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

Average Household Income

$97,273

Dominant Housing Type

High Rise Apartment

Population By Age

0 - 14

14%

15 - 19

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+

$125,000+

Housing Types & Tenancy

High Rise Apartment

33%

Detached

25%

Semi Detached

22%

Low Rise Apartment

10%

Duplex

Marital Status

Commute

Languages (Primary Language)

English

55%

Cantonese

12%

Other

12%

Mandarin

10%

Tamil

Tagalog

Urdu

Gujarati

Education

University and Above

33%

High School

25%

None

17%

College

16%

University Below Batchelor

Apprenticeship

Major Field of Study

Business Management

27%

Architecture & Engineering

18%

Health & Related Fields

12%

Social Sciences

11%

Math & Computer Sciences

Physical Sciences

Humanities

Education

Visual & Performing Arts

Personal, Protective & Transportation Services

Agriculture & Natural Resources

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

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

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

-3%

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

Units were Sold over the past twelve months

Rented Units

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 Bed	1 Bed + Den	2 Bed	2 Bed + Den	3 Bed	3 Bed + Den
Price Range	No Data	$516,000 - $550,000	$600,000 - $658,800	$625,000 - $654,000	No Data	No Data
Avg. Cost Per Sqft	No Data	$768	$720	$700	No Data	No Data
Price Range	$2,250 - $2,400	$2,375 - $2,450	$2,750 - $2,800	No Data	No Data	No Data
Avg. Wait for Unit Availability	73 Days	58 Days	90 Days	150 Days	No Data	314 Days
Avg. Wait for Unit Availability	98 Days	118 Days	138 Days	267 Days	No Data	No Data
Ratio of Units in Building	24%	29%	26%	18%	2%	3%

Transactions vs Inventory

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