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    Mondeo Springs Condos
    1for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    17
    Number of Units:
    323
    Condo Completion:
    2003
    Condo Demand:
    Medium
    Unit Size Range:
    519 - 1,196 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Mondeo Springs Condos

    Receive listing updates for Dorset Park - Scarborough

    Amenities

    Concierge
    Security System
    Indoor Parking
    Gym Room
    Rec Room
    Games Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 8 Mondeo DriveMondeo Springs Condos

    Mondeo Springs Condos was completed in 2003 by Tridel. While some buyers associate high maintenance fees with older buildings, maintenance fees at 8 Mondeo Drive are only $0.68 per-square-foot. These Dorset Park - Scarborough condos for sale offer floor plans that are more spacious than most modern condos; there are 323 suites in this 17-storey residence, and units range from 519 square feet to 1196 square feet.

    This condo has a Walk Score of 73 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.68 per-square-foot, which is higher than the neighbourhood average of $0.65 per-square-foot.

    The Suites

    Here are some stats that would interest renters or buyers at 8 Mondeo Drive: 14 units have been sold in the past 12 months, and 11 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $661 and units tend to sell for 1.09% above the list price. Units at 8 Mondeo Drive have a medium probability of receiving more than one offer. On average, a suite will spend 33 days on the market.

    The Neighbourhood

    Living here means you’re just a 6-minute walk from Burger King, Subway and Pizza Hut, making it easy to dazzle your taste buds without much effort. Dorset Park - Scarborough has plenty to offer coffee enthusiasts, with great cafes like Tim Hortons and Starbucks.

    Grocery shopping is never a chore with stores such as Highland Farms, Metro and Foody World in the area.

    Planning for your future is easy with Habib Canadian Bank and RBC Royal Bank in the area.

    Having Mondeo Park and Dorset Park within 10 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Enhance your personal style while living in the Dorset Park - Scarborough neighbourhood by visiting Costco Wholesale, Kennedy Commons and Work Boots.

    Mondeo Springs Condos is a short drive away from Ellesmere-Statton Public School, Manhattan Park Junior Public School and Dorset Park Public School, giving you plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including Bond International College, NextGen Math Academy and Parkview Alternative School.

    Transportation

    Transit users will love the Dorset Park - Scarborough neighbourhood with convenient light transit routes like 740 Ellesmere Rd At Mondeo Dr nearby. Those who live in the area can easily drive to Ellesmere, just 2 minutes from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 18 Mondeo Drive, 1-121 Mondeo Drive and 45-101 Dundalk Drive.

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    Explore Dorset Park - Scarborough

    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 condos

    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%

    Maintenance Fees

    Mondeo Springs Condos vs The Dorset Park - Scarborough Area

    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%

    Unit Sales vs Inventory

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