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    Ph 6 - 8 Mondeo Drive

    For SaleMondeo Springs Condos
    $548,000
    Price Cut: $559,000
    1 Bed
    1 Bath
    1 Parking
    600 - 699 SQFT
    26 Days on Strata
    Est Sell Timeframe
    5 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $784 - $913/sqft
    Maintenance Fees:
    $447/mth
    Taxes:
    $1,606 (2023)
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    To Be Arranged
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Living
    Combined with Dining, Walkout To Balcony, Hardwood Floor
    17 x 17.09ft
    Dining
    Combined with Living, Hardwood Floor
    10.43 x 17.09ft
    Kitchen
    Ceramic Back Splash, Track Lights, Hardwood Floor
    7.94 x 7.94ft

    About this Listing

    Rare opportunity to own a well maintained, spacious, sun-filled Southwest facing corner penthouse unit in Tridel's highly coveted Mondeo Springs, located in a family friendly neighbourhood at Birchmount & Ellesmere. This home boasts 9-Foot ceilings, private balcony, soaring floor to ceiling windows with an unobstructed picture-perfect view of Toronto skyline. It has beautiful hardwood floors throughout, ceramic floors in kitchen and bath. Upgraded stainless steel appliances. Wall to wall closet in bedroom. The building is well managed with on-site management office, 24 hours concierge/security and a dedicated unit alarm system, ensuring peace of mind. It has all the amenities one would expect in a luxury condo building visitor parking, guest suites, party room, recently renovated indoor pool and gym, hot tub, sauna, basketball court, virtual golf, private movie theatre, games room with billiards and table tennis, bike rack area, patio with outdoors barbeques; catering to a wide range of leisure and entertainment needs. Low maintenance fee includes all utilities and underground parking. TTC bus stops in front of the building. Minutes to 401 highway, Mondeo park, schools, shopping, restaurants, Tim Hortons, Pizza Hut, Highland Farms, Shops of Kennedy Commons and more.

    ExtrasFridge, Stove, Washer, Dryer, B/I Dishwasher, All Light Fixtures, Drapes & Rods.

    homelife/vision realty inc.MLS® #E8213420


    Amenities

    Visitor Parking
    Indoor Pool
    Media Room
    Party Room
    Rec Room
    Indoor Parking

    Nearby Amenities

    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!'

    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
    Household Income
    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%

    Days on Strata

    Units at Mondeo Springs Condos spend an average of
    26
    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

    Turnover of Units

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

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 26 condos in the Dorset Park area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Mondeo Springs Condos offers the
    ?
    best value out of 26 condos in the Dorset Park neighbourhood

    Appreciation Rank

    Mondeo Springs Condos has the
    ?
    highest ROI out of 26 condos in the Dorset Park neighbourhood

    Rental Yield

    Mondeo Springs Condos yields the
    ?
    highest rent prices out of 26 condos in the Dorset Park neighbourhood

    High Demand

    Mondeo Springs Condos is the
    ?
    most popular building out of 26 condos in the Dorset Park neighbourhood

    Transaction Insights at 8 Mondeo Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$515,000 - $595,888$559,000 - $560,000$600,000 - $676,000$622,500 - $675,000
    Avg. Cost Per Sqft$812$826$726$684
    Avg. Wait for Unit Availability73 Days79 Days61 Days138 Days
    Ratio of Units in Building29%28%26%19%

    Maintenance Fees

    Mondeo Springs Condos vs The Dorset Park Area

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