552-83 Mondeo Drive, Toronto, ON

Dorset Park, Toronto · MLS® E13836570

$699,000
For Sale
Listed 13 days agoNo offer date stated

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2+1Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Welcome to Mondeo Townhomes.
  • Beautifully maintained and thoughtfully upgraded by the original owner, this spacious and functional townhome is nestled in a quiet, family-friendly gated community...
  • The open-concept main floor features a bright and seamless living and dining area, ideal for everyday living and entertaining.
  • Freshly painted throughout, with a new stacked washer and dryer on the main floor (2025), furnace and A/C (2022), and upgraded kitchen appliances (2024).
  • Conveniently located near TTC, Hwy 401, DVP, Kennedy Commons, University of Toronto Scarborough, and Centennial College.

Welcome to Mondeo Townhomes! Beautifully maintained and thoughtfully upgraded by the original owner, this spacious and functional townhome is nestled in a quiet, family-friendly gated community with 24/7 security. The open-concept main floor features a bright and seamless living and dining area, ideal for everyday living and entertaining. The fully finished lower level offers additional living space, including a versatile office/den that can easily be used as a third bedroom or guest suite-perfect for an in-law suite or visiting guests. Freshly painted throughout, with a new stacked washer and dryer on the main floor (2025), furnace and A/C (2022), and upgraded kitchen appliances (2024). Conveniently located near TTC, Hwy 401, DVP, Kennedy Commons, University of Toronto Scarborough, and Centennial College. An excellent opportunity for first-time buyers, families, or investors seeking comfort, convenience, and a welcoming community. Don't miss this opportunity to make this wonderful townhome your new home!

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
E13836570
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Birchmount Rd & Ellesmere Rd
Parking
1 garage (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$536/mo
Exposure
East
Property tax
$3,123 / 2025
Days on market
13
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Primary BedroomSecond5.93 × 4.05 m

large window · large closet

KitchenMain3.65 × 2.67 m

tile floor · stainless steel appl · california shutters

Dining RoomMain2.58 × 2.01 m

hardwood floor · combined w/living · open concept

Bedroom 3Ground3.53 × 2.78 m

3 pc ensuite · closet · window

Living RoomMain5.78 × 4.03 m

hardwood floor · combined w/dining · w/o to balcony

Living RoomMain5.78 × 4.03 m

w/o to balcony · combined w/dining

Bedroom 3Lower3.53 × 2.78 m

hardwood floor · 3 pc ensuite

BathroomSecond2.53 × 2.20 m

4 Pc Ensuite

Bedroom 2Second4.05 × 3.24 m
Living RoomMain5.78 × 4.03 m
Dining RoomMain2.58 × 2.01 m

hardwood floor · combined w/living

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

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.

Neighbourhood & location

Dorset Park, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Ellesmere-Statton Public School
64%
Ellesmere-Statton Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 64% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Glamorgan Junior Public School · Public elementary0.6 km · 63% at standard
Inglewood Heights Junior Public School · Public elementary1.5 km · 72% at standard
Manhattan Park Junior Public School · Public elementary1.5 km
Lynngate Junior Public School · Public elementary1.6 km · 61% at standard
Terraview-Willowfield Public School · Public elementary1.7 km · 72% at standard
Our Lady of Wisdom Catholic School · Catholic elementary1.7 km · 79% at standard
Edgewood Public School · Public elementary1.8 km · 36% at standard
Vradenburg Junior Public School · Public elementary1.9 km · 75% at standard
Dorset Park Public School · Public elementary1.9 km · 62% at standard
Buchanan Public School · Public elementary1.9 km · 53% at standard
Holy Spirit Catholic School · Catholic elementary1.9 km · 72% at standard
Parkview Alternative School · Public secondary2.0 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,186/mo
$143KIncome needed
4.9×Price ÷ income
$735Weekly cost
$20,910Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

80%mortgage
Mortgage $3,186Property tax $260Condo fee $536Total carry $3,982

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,092per month

Mortgage amount $559,200 · 4.49% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$3,888Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,092
Property tax
$260
Condo / maintenance fees
$536
Heating
$0
Estimated monthly cost
$3,888

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$10,455
Toronto municipal land transfer tax
$10,455
Estimated closing costs
$20,910

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,742/monthPayment at the qualifying rate

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

$368,374Total interest paid
$927,574Total of all payments
Principal $559,200 Interest $368,374
YearPrincipalInterestBalance
1$12,479$24,624$546,721
2$13,046$24,057$533,675
3$13,638$23,465$520,038
4$14,257$22,846$505,781
5$14,904$22,199$490,876
6$15,581$21,522$475,295
7$16,289$20,814$459,006
8$17,028$20,075$441,978
9$17,801$19,302$424,177
10$18,610$18,493$405,567
11$19,455$17,648$386,113
12$20,338$16,765$365,775
13$21,261$15,842$344,514
14$22,227$14,876$322,287
15$23,236$13,867$299,051
16$24,291$12,812$274,761
17$25,394$11,709$249,367
18$26,547$10,556$222,820
19$27,752$9,351$195,069
20$29,012$8,091$166,057
21$30,329$6,774$135,727
22$31,706$5,397$104,021
23$33,146$3,957$70,875
24$34,651$2,452$36,224
25$36,224$879$0

At the end of your 5-year term

Total paid over the term
$185,515
Principal paid down
$68,324
Interest paid
$117,191
Balance remaining
$490,876

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.

Let's connect

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

Rental yield
Estimate$4,100/mo
$49,200Gross annual rent
4.8%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

7.0%
Gross yield
− Property tax $3,123− Condo fees $6,432− Insurance $600− Vacancy & upkeep $5,412Net operating income $33,633

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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