$545,000 - 18 Mondeo Drive Unit 722, Kennedy Park
Condo for Sale in Kennedy Park
Neighbourhood: Dorset Park
- MLS Number
- E13433174
- Property Type
- Condo
- Status
- active
- Days on Site
- 21
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Dorset Park / Kennedy Park
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- Royal LePage Our Neighbourhood Realty
Welcome to urban living at its finest in the highly sought-after Mondeo Springs community built by Tridel. This beautifully appointed tower suite on the 7th floor offers an exceptional layout featuring 2 bedrooms, 2 bathrooms, and a versatile den large enough to easily accommodate a full-sized dining table for memorable entertaining. Flooded with natural light, the open-concept living space opens up to sun-drenched, south-facing views of the city skyline and CN Tower. Perfect for couples, urban professionals, or small families, this rare unit checks every single box, offering an underground parking spot and two private storage lockers for maximum convenience. Living at Mondeo Springs means gaining access to comprehensive, resort-style recreational facilities: Large indoor swimming pool and relaxing hot tub. Fully equipped fitness centre/gym and a restorative Scandinavian-style sauna, Indoor basketball court, Entertainment room complete with a professional pool table. Elegant party room designed for hosting private gatherings and larger celebrations. Private theatre room equipped for movie nights with family and friends, a dedicated BBQ area designed for outdoor dining and summer grilling. Peace of Mind: 24-hour uniformed security guard presence safeguarding the premises and Elite concierge services to handle package deliveries and welcome guests.
Estimate your monthly payments for this property
Estimated Payment
$2,796.13/mo
Includes CMHC insurance ($15,206)
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
Dorset 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
- •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 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 722, 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 $681/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 21 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 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.
About Dorset Park
I know Dorset Park well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.