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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 $538,000 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.
Welcome to this bright and functional 2-bedroom, 2-bathroom condo at 8 Mondeo Drive, offering approximately 900 sq. ft. of well-designed living space in a highly desirable community in the heart of Scarborough . This thoughtfully laid-out unit features a smart split-bedroom design, providing excellent privacy for families, guests, or those working from home.The spacious living and family room is filled with natural light from large windows, creating a warm and inviting atmosphere for everyday living or entertaining. An open-concept dining area connects seamlessly to the generous kitchen, which offers ample cabinetry and workspace along with a door leading to the laundry area. A private Southwest-facing balcony is perfect spot to watch the many gorgeous Sunsets and enjoy fresh air and quiet moments.The primary bedroom is comfortably sized and features a walk-in closet and a 4-piece ensuite bathroom, creating a private retreat within the home. The second bedroom is also well-proportioned with a large window, making it ideal for a bedroom, guest space, or home office. Upgraded laminate flooring runs throughout the main living areas, adding both durability and modern appeal. This unit also includes the convenience of one parking space.Built by the highly respected builder Tridel, residents of Mondeo Springs enjoy access to a wide range of premium amenities designed for comfort and lifestyle. These include an indoor swimming pool, fully equipped fitness centre, sauna, party and meeting rooms, guest suites, and concierge service, making it easy to relax, stay active, and host visitors.The building is ideally located with convenient access to Highway 401 & TTC. This move-in ready condo is priced to sell definitely a great value for money and represents an excellent opportunity for first-time buyers, down sizers, or investors looking for a well-maintained home in a mature and well-connected Scarborough neighbourhood.
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Data-driven valuation for 8 Mondeo Drive 920, Toronto E04, ON M1P 5C7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $538,000 in Toronto, the legal minimum down payment is $28,800 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 $7,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,235 also applies, bringing the total estimated land transfer taxes to $14,470.
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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.