8 Mondeo Drive Unit 918, Toronto E04

Price: $449,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: E13131728

Welcome to this beautifully maintained and exceptionally clean 1-bedroom suite, offering a bright and spacious layout with no wasted space. Featuring 8-foot ceilings and laminate flooring throughout, this home seamlessly blends comfort with modern style. Enjoy breathtaking, unobstructed south-facing views from your private balcony, allowing natural light to fill the space all day long. The oversized primary bedroom comfortably accommodates a king-size bed and features a walk-in closet for added convenience. The modern open-concept kitchen includes a breakfast bar and flows effortlessly into the sun-filled living and dining area, perfect for both everyday living and entertaining. Additional highlights include a 4-piece bathroom and in-suite laundry. This unit comes complete with 1 parking space and 1 locker. Built by the highly reputable builder Tridel, residents of Mondeo Springs enjoy access to an array of premium amenities, including an indoor swimming pool, fully equipped fitness centre, sauna, party and meeting rooms, guest suites, and 24-hour concierge service, offering both comfort and convenience. Located with easy access to Highway 401, TTC bus route 95 is extremely convenient, providing direct access West to York Mills Station and East to Kingston Road, making commuting simple and efficient. This move-in ready condo offers exceptional value and is perfect for first-time buyers, downsizers, or investors seeking a well-maintained home in a mature and well-connected Scarborough community. A rare opportunity to own a bright, south-facing suite in a highly sought-after neighbourhood - Don't miss out!

8 Mondeo Drive Unit 918 - Condo photo 1 of 12 in Dorset Park / Kennedy Park, Ontario
8 Mondeo Drive Unit 918 - Condo photo 2 of 12 in Dorset Park / Kennedy Park, Ontario
8 Mondeo Drive Unit 918 - Condo photo 3 of 12 in Dorset Park / Kennedy Park, Ontario
8 Mondeo Drive Unit 918 - Condo photo 4 of 12 in Dorset Park / Kennedy Park, Ontario
8 Mondeo Drive Unit 918 - Condo photo 5 of 12 in Dorset Park / Kennedy Park, Ontario
8 Mondeo Drive Unit 918 - Condo photo 6 of 12 in Dorset Park / Kennedy Park, Ontario
8 Mondeo Drive Unit 918 - Condo photo 7 of 12 in Dorset Park / Kennedy Park, Ontario
8 Mondeo Drive Unit 918 - Condo photo 8 of 12 in Dorset Park / Kennedy Park, Ontario
8 Mondeo Drive Unit 918 - Condo photo 9 of 12 in Dorset Park / Kennedy Park, Ontario
8 Mondeo Drive Unit 918 - Condo photo 10 of 12 in Dorset Park / Kennedy Park, Ontario
8 Mondeo Drive Unit 918 - Condo photo 11 of 12 in Dorset Park / Kennedy Park, Ontario
8 Mondeo Drive Unit 918 - Condo photo 12 of 12 in Dorset Park / Kennedy Park, Ontario
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$449,000 - 8 Mondeo Drive Unit 918, Kennedy Park

Condo for Sale in Kennedy Park

32 days on market
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
E13131728
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Dorset Park / Kennedy Park
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
REALTY ASSOCIATES INC.
Description

Welcome to this beautifully maintained and exceptionally clean 1-bedroom suite, offering a bright and spacious layout with no wasted space. Featuring 8-foot ceilings and laminate flooring throughout, this home seamlessly blends comfort with modern style. Enjoy breathtaking, unobstructed south-facing views from your private balcony, allowing natural light to fill the space all day long. The oversized primary bedroom comfortably accommodates a king-size bed and features a walk-in closet for added convenience. The modern open-concept kitchen includes a breakfast bar and flows effortlessly into the sun-filled living and dining area, perfect for both everyday living and entertaining. Additional highlights include a 4-piece bathroom and in-suite laundry. This unit comes complete with 1 parking space and 1 locker. Built by the highly reputable builder Tridel, residents of Mondeo Springs enjoy access to an array of premium amenities, including an indoor swimming pool, fully equipped fitness centre, sauna, party and meeting rooms, guest suites, and 24-hour concierge service, offering both comfort and convenience. Located with easy access to Highway 401, TTC bus route 95 is extremely convenient, providing direct access West to York Mills Station and East to Kingston Road, making commuting simple and efficient. This move-in ready condo offers exceptional value and is perfect for first-time buyers, downsizers, or investors seeking a well-maintained home in a mature and well-connected Scarborough community. A rare opportunity to own a bright, south-facing suite in a highly sought-after neighbourhood - Don't miss out!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,303.60/mo

Includes CMHC insurance ($12,527)

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5-yr fixed avg.

Principal: $404,100Interest: $274,454
Mortgage Amount$416,627
Total Interest$274,454
Est. Property Tax$318/mo
Total Cost$691,081

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.

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Neighbourhood Guide: Dorset Park / Kennedy Park

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

8 Mondeo Drive Unit 918, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$318
Insurance (est.)-$94
Net Cash Flow+$998

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $748/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.

Market Position

At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 600 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    8 Mondeo Drive Unit 918, Dorset… — $449,000 | Battaglia Team