220-83 Mondeo Drive, Toronto, ON
Dorset Park, Toronto · MLS® E13556862
About this home
Welcome to this beautifully updated 3-storey townhouse in the prestigious Mondeo Springs gated community by Tridel, offering the perfect combination of space, comfort, and convenience. Boasting approximately 1,530 sq ft of thoughtfully designed living space, this move-in-ready home features 2 spacious bedrooms, 2 updated bathrooms, and an open-concept layout ideal for both everyday living and entertaining.The bright second floor showcases hardwood flooring throughout the living and dining areas, creating a warm and inviting atmosphere. The upgraded kitchen is designed with both style and functionality in mind, featuring quartz countertops, stainless steel appliances, a spacious breakfast area, and a walk-out to a private balcony-perfect for enjoying your morning coffee or evening unwind.Upstairs, the expansive primary bedroom offers a large walk-in closet, while the generously sized second bedroom provides excellent space for family, guests, or a home office. Both bathrooms have been tastefully updated with modern finishes, complementing the home's refreshed aesthetic. Convenient second-floor laundry and direct access from the foyer to the built-in garage enhance everyday practicality. Recent updates include a full interior paint refresh (2026), all new modern light fixtures (2026), AC Unit (2024) Tankless Water Heater & Boiler (2025) and updated door hardware. Enjoy the peace of mind of living in a secure, well-managed gated community with 24-hour gatehouse security, visitor parking, playground, beautifully maintained grounds, and BBQs permitted. Ideally located just minutes to Highway 401, TTC, Scarborough Town Centre, parks, schools, hospitals, restaurants, and everyday amenities, this exceptional home offers outstanding value in one of Scarborough's most desirable communities.
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- E13556862
- Bedrooms
- 2
- Bathrooms
- 2 (1 half)
- Size
- 1400-1599
- Cross streets
- Ellesmere & Birchmount
- Parking
- 1 garage · 2 parking (built-in)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Maintenance
- $519/mo
- Exposure
- East
- Property tax
- $3,269 / 2026
- Days on market
- 4
- Listing brokerage
- HOUSESIGMA INC.
Rooms
large window · hardwood floor · walk-in closet(s)
large window · hardwood floor · double closet
hardwood floor · combined w/living · open concept
large window · large window · combined w/dining
w/o to balcony · tile floor · eat-in kitchen
quartz counter · tile floor · stainless steel appl
double closet · w/o to garage · large closet
Listed at $589,900, this home is about 26% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Dorset Park, so I widened the search to the surrounding area.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $761K, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $895K
- Size difference +$113K
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $963K
That comparable adjusts to $963K; the $795K estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is Ellesmere-Statton Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. 741 Ellesmere Rd at Mondeo Dr is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $795K, median of 8 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 33% below the area average of $584/sqft.
1 days longer than the Toronto average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Dorset Park, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: 741 Ellesmere Rd at Mondeo Dr, about 192 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $471,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,518
- Property tax
- $272
- Condo / maintenance fees
- $519
- Heating
- $0
- Estimated monthly cost
- $3,310
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,273
- Toronto municipal land transfer tax
- $8,273
- Estimated closing costs
- $16,546
Plus your down payment of $117,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $151,100
- Principal paid down
- $60,099
- Interest paid
- $91,001
- Balance remaining
- $411,821
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOUSESIGMA INC.. MLS®/PropTx.