$568,000 - 18 Mondeo Drive Unit 1422, Kennedy Park
Condo for Sale in Kennedy Park
New — Listed 2 days ago- MLS Number
- E13221464
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Locker
- Exclusive
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- PROPERTY.CA INC.
A solid Tridel-Built Condominium With Breathtaking South-Facing Views Of The City And CN Tower. This Bright And Spacious 2 Plus 1 bedroom has been fully upgraded with new flooring, New modern kitchen with Corian marble countertop and bathroom vanities. The Den Can Easily Serve As A Third Bedroom or Home Office (storage cabinets can be removed). The Primary Bedroom Includes An Ensuite Bathroom And Large Closet, Providing A Private Retreat Within Your Home. Residents Of Mondeo Springs II Enjoy A Wealth Of Amenities DesignedTo Enhance Their Lifestyle. Take A Dip In The Swimming Pool, Stay Fit In The Well-Equipped Gym, Or Challenge Friends To A Game In The Billiards Room. The Card Room And Party Room Are Perfect For Social Gatherings, While The Theatre Room Offers A Great Space For Movie Nights. The Barbecue Area Is Ideal For Outdoor Dining And Entertaining. With Its Prime Location And Luxurious Amenities, This Unit Offers An Unparalleled Living Experience In One Of The Most Sought-After Buildings In The Area. Don't Miss This Opportunity To Make Mondeo Springs II Your New Home!
Estimate your monthly payments for this property
Estimated Payment
$2,914.13/mo
Includes CMHC insurance ($15,847)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Dorset Park / Kennedy Park
Dorset Park / Kennedy Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Dorset Park / Kennedy Park
- •Convenient location in Dorset Park / Kennedy Park
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Dorset Park / Kennedy Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
18 Mondeo Drive Unit 1422, Dorset Park / Kennedy Park
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $710/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Kennedy Park's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Kennedy Park properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,367 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.