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    Toronto / Scarborough / Dorset Park - Scarborough

    1512 - 8 Mondeo Dr

    For RentMondeo Springs Condos
    $2,550/mth
    1 Bed
    1 Bath
    1 Parking
    622 SQFT
    1 Day on Strata
    Est Lease Timeframe
    21 Days

    Listing History

    Unit Highlights

    Possession Date:
    October 20, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    21.72 x 10.5ft
    Dining
    Laminate, Combined with Living, Open Concept
    21.72 x 10.5ft
    Kitchen
    Ceramic Floor, Ceramic Back Splash, Open Concept
    9.29 x 8.01ft

    About this Listing

    Welcome to this stunning 1-bedroom suite in the highly sought-after "Mondeo Springs," built by Tridel. Featuring a bright and spacious layout, offering a perfect blend of comfort and style. Enjoy breathtaking, unobstructed North views from your high-floor balcony, with plenty of natural light flowing throughout the space. The building offers top-notch amenities, including 24-hour concierge service, an indoor pool, sauna, virtual golf, a gym, and a party room. Located in a fantastic area with easy access to the 401, public transit and Scarborough Town Centre. You'll also be close to schools, parks, and all the conveniences of urban living. This is an exceptional opportunity in a prime location!

    right at home realtyMLS® #E9357674

    Amenities

    Media Room
    Squash Court
    Indoor Pool
    Guest Suites
    Visitor Parking
    Party 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!'

    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
    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
    22
    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

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 28 condos in the Dorset Park - Scarborough area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    9
    Units were Rented over the past twelve months

    Best Value Rank

    Mondeo Springs Condos offers the
    ?
    best value out of 28 condos in the Dorset Park - Scarborough neighbourhood

    Appreciation Rank

    Mondeo Springs Condos has the
    ?
    highest ROI out of 28 condos in the Dorset Park - Scarborough neighbourhood

    Rental Yield

    Mondeo Springs Condos yields the
    ?
    highest rent prices out of 28 condos in the Dorset Park - Scarborough neighbourhood

    High Demand

    Mondeo Springs Condos is the
    ?
    most popular building out of 28 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$559,000 - $560,000$600,000 - $670,000$622,500 - $665,000
    Avg. Cost Per Sqft$792$826$695$663
    Avg. Wait for Unit Availability73 Days77 Days61 Days152 Days
    Ratio of Units in Building29%29%26%18%

    Transactions vs Inventory

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