8 Mondeo Drive, Toronto, ON

$549,000
MLS#:E12434068
2 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Dorset Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to Unit 1307 at 8 Mondeo Dr, a bright and spacious corner suite in Tridel's southt-after Mondeo Springs Community. Recently renovated from top to bottom, this move-in ready home combines modern upgrades with the convenience of a full-service building in one of Scarborough's most connected neighbourhoods. Step inside to fresh paint, new lighting throughout, and a stunning brand-new kitchen featuring quartz counters, stylish backsplash, all all new stainless steel appliances, and an eat-in breakfast area framed by a window with unobstructed views of the Toronto skyline. The thourghtful corner layout offers abundant natural light, excellent flow between living and dining areas, and walk-out access to your private balcony - perfect for morning coffee or evening relaxation. The suite includes 1 underground parking space and 1 locker, adding everyday convenience. Maintenance fees are all-inclusive, covering heat, hydro, and water, making budgeting simple and stress-free. Living at Mondeo Springs means enjoying Tridel - Quality amenities: 24 - hour concierge, indoor pool, fitness centre, party & meeting rooms, theatre, guest suites, sauna, virtual golf, and landscaped outdoor spaces. Whether entertaining guests or enjoying a quiet night in, everything you need is at your doorstep. The location is unbeatable - just minutes to Highway 401, Kennedy Commons, Scarborough Town Centre, Costco, major groceries, and TTC routes, with easy access to the DVP and downtown Toronto. Schools, parks, and dining options surround the community, making it ideal for families, professionals, and downsizers alike. Don't miss this rare opportunity to own a renovated corner condo with skyline views, balcony, and all utilities included in one of Scarborough's most established Tridel communities. book your showing today and experience urban living with style, comfort, and convenience.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 2, 2025
Sold price information is available to members only
Listed Date9/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$2,288.93

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free

Security Features

Community Features

Location

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8 Mondeo Drive, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 8 Mondeo Drive 1307, Toronto E04, ON M1P 5C7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$29,900 (5.4%)
* Minimum Canadian down payment required for this price is $29,900.
Amortization Period25 Years
Estimated Monthly Payment$3,093Based on a loan of $519,100 over 25 years.
Purchase Price$549,000
Loan Amount$519,100
Provincial Land Transfer Tax:$7,455
Toronto Municipal Land Transfer Tax:$7,455
Total Estimated Closing Taxes:$14,910

About Purchasing a Home in Toronto, ON

For a property listed at $549,000 in Toronto, the legal minimum down payment is $29,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,455 also applies, bringing the total estimated land transfer taxes to $14,910.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Dorset Park, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$709,217

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Ellesmere-Statton
Public739 Ellesmere Road, Scarborough, Toronto, Ontario, M1P 2W1
6.6
St Lawrence
Public2216 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1P 2P9
6.8
St Victor
Public20 Bernadine Street, Scarborough, Toronto, Ontario, M1P 4M2
6.2
St Albert
Public1125 Midland Avenue, Scarborough, Toronto, Ontario, M1K 4H2
4.7
Precious Blood
Public1035 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1R 2G8
6.3

Secondary Schools

Winston Churchill
Public2239 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1P 2P7
3.4
David and Mary Thomson
Public125 Brockley Drive, Scarborough, Toronto, Ontario, M1P 0E1
4.4
Wexford Collegiate-Arts
Public1176 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1R 2H7
5.3
Senator O’Connor
Public60 Rowena Drive, Toronto, Ontario, M3A 3R2
7.3
Victoria Park
Public15 Wallingford Road, Toronto, Ontario, M3A 2V1
6.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.