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$469,000
Mondeo Springs · 18 Mondeo Drive · Toronto · Ontario M1P 5C8
46 days on market
Welcome to this exceptionally spacious 1+1 bedroom condo at 18 Mondeo Drive, Unit 1229. Offering an ideal blend of comfort, functionality, and generous living space, this bright unit features laminate flooring throughout, an updated kitchen with convenient pass-through counter, and an updated 4-piece bathroom with a modern new vanity. The large primary bedroom provides plenty of space for a king-size bed with plenty of room to spare, along with an abundance of closet storage. The spacious den of…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $20KPrice reduction
MLS shows the seller reduced the asking price by $20,000 (from $489,000 to $469,000).
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: RE/MAX ULTIMATE REALTY INC.
Source: TRREB/PROPTX · MLS® E13750954
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $21,351 | $1,779/mo |
| Government & taxes | ||
| Property tax | $1,957 | $163/mo |
| Land transfer tax(closing) | $5,855 | $488/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $4,690 | $391/mo |
| Condo fees | ||
| Condo / HOA fees | $6,309 | $526/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $50,821 | $4,235/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.