83 Mondeo Drive Unit 32, Toronto E04

Price: $669,500

2 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: E12560906

A Rare Opportunity to Own a Stylish Tridel Townhome!This beautifully upgraded residence offers over 1,500 sq. ft. of modern living space in a highly sought-after location. Just minutes from Hwy 401, with 24-hour TTC service at your doorstep, and within walking distance to groceries, dining, schools, and shopping. Enjoy the convenience of a private garage with direct access, plus an additional parking space right outside your front door. The gourmet kitchen boasts abundant cabinetry, elegant granite countertops, and premium stainless steel appliances. Thoughtful upgrades throughout include pot lights, rich hardwood flooring, and more-making this home truly move-in ready. Step out onto your private terrace, ideal for BBQs and outdoor relaxation. All within a secure community offering 24-hour security for added peace of mind.

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$669,500 - 83 Mondeo Drive Unit 32, Kennedy Park

Condo for Sale in Kennedy Park

138 days on market
2Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
E12560906
Property Type
Condo
Status
active
Days on Site
138
Bedrooms
2
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Dorset Park / Kennedy Park
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

A Rare Opportunity to Own a Stylish Tridel Townhome!This beautifully upgraded residence offers over 1,500 sq. ft. of modern living space in a highly sought-after location. Just minutes from Hwy 401, with 24-hour TTC service at your doorstep, and within walking distance to groceries, dining, schools, and shopping. Enjoy the convenience of a private garage with direct access, plus an additional parking space right outside your front door. The gourmet kitchen boasts abundant cabinetry, elegant granite countertops, and premium stainless steel appliances. Thoughtful upgrades throughout include pot lights, rich hardwood flooring, and more-making this home truly move-in ready. Step out onto your private terrace, ideal for BBQs and outdoor relaxation. All within a secure community offering 24-hour security for added peace of mind.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,434.88/mo

Includes CMHC insurance ($18,679)

$
$
5%10%50%

5-yr fixed avg.

Principal: $602,550Interest: $409,236
Mortgage Amount$621,229
Total Interest$409,236
Est. Property Tax$474/mo
Total Cost$1,030,465

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.

Ready to get pre-approved?

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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

83 Mondeo Drive Unit 32, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$910
Property Tax (est.)-$474
Insurance (est.)-$139
Net Cash Flow+$1,157

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 $478/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.

Negotiation Opportunity

At 138 days on site, this property has exceeded the typical selling timeline for Kennedy Park. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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 $2,790 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    83 Mondeo Drive Unit 32, Dorset… — $669,500 | Battaglia Team