8 Mondeo Dr 1419
Dorset Park, Scarborough, M1P 5C7
FOR SALE
$589,900
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS4 + 1
ROOMSE8090634
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Property Description
Spacious Open Concept 1 bedroom + Den modern layout that emphasizes space and flow. This layout is appealing to Buyers and Investors as the inclusion of the den offers versatility as it can be used as a home office, guest or 2nd bedroom with added French doors or additional living space, depending on the buyers needs. Situated on a High Floor, this south facing unit provides stunning unobstructed views of the city skyline and brightness throughout the day. Close proximity to essential amenities including grocery stores, restaurants, 401, Kennedy commons, Scarborough Town Center, Ellesmere Station, Schools, parks and to various leisure practical destinations.
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Extras
Overall, the combination of features & location makes this property appealing to a diverse range of buyers, including first-time homebuyers looking for their ideal living space and investors seeking a lucrative addition to their portfolio.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,719 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.99' x 19.98' | Laminate, Combined W/Dining, W/O To Balcony |
| Dining | Main | 10.99' x 19.98' | Laminate, Combined W/Living |
| Kitchen | Main | 7.97' x 8.99' | Modern Kitchen, Granite Counter, Open Concept |
| Prim Bdrm | Main | 9.97' x 10.99' | Laminate, Double Closet, Window |
| Den | Main | 7.97' x 12.27' | Laminate |
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Scarborough Market Statistics
Scarborough Price Trend
8 Mondeo Dr 1419 is a 1-bedroom 1-bathroom condo listed for sale at $589,900, which is $13,644 (2.3%) lower than the average sold price of $603,544 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $5,791 (1.0%) compared to the previous 30 day period (February 26 - March 26) and down $19,907 (3.2%) from the same time one year ago.Inventory Change
There were 1,670 1-bedroom condos listed in Scarborough over the last 30 days (March 27 - April 25), which is up 18.7% compared with the previous 30 day period (February 26 - March 26) and up 54.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($8,027) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $2,604 increase compared to the previous 30 day period (February 26 - March 26) and ($2,987) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Scarborough over the last 30 days (March 27 - April 25) stood at 40.7%, down from 45.8% over the previous 30 days (February 26 - March 26) and down from 74.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Scarborough stood at 26 days when successfully sold over the last 30 days (March 27 - April 25), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Leading Edge Realty Inc.
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