Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Dorset Park
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40 Dundalk Dr, Toronto
Built
1974
Suites
65
Corporation
YCC-140
Walk Score
76
Free · about 45 seconds · no obligation
What is your unit at 40 Dundalk Drive Terrace Courts worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
How you get around
Scores from Walk Score®
Walk Score
Very Walkable
Transit Score
Good Transit
Bike Score
Somewhat Bikeable
Transit, nearest first
- 43KennedyTTC bus0.3 km
- 95York MillsTTC bus0.3 km
- 995York Mills ExpressTTC bus0.4 km
- GOAgincourt GOStouffville line2.0 km
- 5Ionview station Westbound Platform stationLine 5 Eglinton4.2 km
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–6
Glamorgan Junior Public School
51 Antrim Cres, Scarborough
0.5 km · ~8 min walk
Zoned for this address
MiddleGr 7–8
Ellesmere-Statton Public School
739 Ellesmere Rd, Scarborough
0.5 km · ~8 min walk
Zoned for this address
High schoolGr 9–12
Winston Churchill Collegiate Institute
2239 Lawrence Ave E, Scarborough
2.3 km
Zoned for this address
Catholic elementary
Holy Spirit Catholic Elementary School
2.0 km
Nearest, confirm zoning
Catholic elementary
St Lawrence Catholic Elementary School
2.1 km
Nearest, confirm zoning
Catholic secondary
Senator O'Connor College School
3.2 km
Nearest, confirm zoning
French-language · Viamonde (public)
Ecole Elementaire Jeanne Lajoie
4.7 km
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at 40 Dundalk Drive Terrace Courts actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| 3 bed + | 2 | too few | 2 | too few |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at 40 Dundalk Drive Terrace Courts
Do mostly owners or renters live here?
Mix of owners and renters. Of 8 deals here in the last 24 months, 4 were leases and 4 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at 40 Dundalk Drive Terrace Courts?
No active City registrations here right now. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about 40 Dundalk Drive Terrace Courts
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
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Eat, drink and shop nearby
Within about a 10-minute walk.
Greek
Mr. Greek FLOGA
0.3 km · ~5 min walk
Bar
Fusion Restaurant & Lounge
0.4 km · ~6 min walk
Restaurant
Khaas Bistro Bar
0.4 km · ~6 min walk
Pizza
Pizza on Fire
0.4 km · ~6 min walk
Mexican
Burrito Boyz
0.4 km · ~6 min walk
Coffee
Tim Hortons
0.4 km · ~6 min walk
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Mondeo Park
- Glamorgan Park
- Jolly Way Park
Nearest grocery
Highland Farms
0.3 km · ~5 min walk
Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
Terrace Courts at 40 Dundalk Drive is a 1974 townhouse complex of 65 homes, one street off the Kennedy Road shopping strip in Dorset Park. It offers family-sized homes in a part of Scarborough where transit is finally changing, and it is one of the larger townhouse corporations in the area. The age of the complex is the thing to understand before you fall for a renovated kitchen. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
40 Dundalk Drive Terrace Courts is a 65-home condominium townhouse complex at 40 Dundalk Drive in the Dorset Park neighbourhood of Scarborough, Toronto, near Kennedy Road and Progress Avenue. It was built in 1974, and the condominium corporation is YCC-140, registered on 3 May 1974. AT Management and Consulting Inc is listed as the property manager. Listed features are a parking garage and visitor parking. Condos.ca lists no developer and does not list fee inclusions.
40 Dundalk Drive Terrace Courts at a glance
Terrace Courts and its neighbours on Dundalk
Dundalk Drive is a short residential street just off Kennedy Road, and it holds several different kinds of condominium. Terrace Courts is the townhouse complex at number 40. Further along, 120 Dundalk Drive is a 15-storey condominium tower from 1978, and there is a separate townhouse complex at 101 Dundalk Drive.
Each of these is its own corporation. Listings on this street sometimes get mixed up, so check the address and the corporation number, YCC-140, on anything you are sent. A fee or reserve fund figure from the tower tells you nothing about the townhouses.
At 65 homes, Terrace Courts is a comfortable size for a townhouse corporation. Large projects are shared among enough owners to keep each share manageable, while the board is still made up of neighbours who live on the site.
Family-sized homes from 1974
Condos.ca records the complex as one floor, which is how it classifies many townhouse complexes, not a description of the homes. The one home listed for sale when I checked was described as four bedrooms plus one, which tells you these are family layouts. Confirm the levels, bedrooms and basement of any home you are considering.
A parking garage and visitor parking are listed. In a 1970s complex, that can mean garages attached to each home or a shared structure, and the difference matters for both convenience and the corporation’s long-term repair bill. Ask how many spaces come with the home and whether they are owned or exclusive-use.
Expect a wide range of condition across 65 homes. Some will have been renovated top to bottom; others will still have original kitchens, windows and electrical panels. Get a home inspection, and ask the seller which renovations were approved by the corporation.
A larger complex also brings variety in how homes are used. Ask the manager roughly how many homes are owner-occupied, how the corporation handles parking for households with several cars, and whether there are rules on basement apartments or room rentals. Those details shape what living here feels like day to day.
Ask about outdoor space too. Find out whether the yard or patio is exclusive-use common element, who looks after fences and trees, and what the rules allow for decks and sheds.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
What a 1974 corporation needs from its reserve fund
Condos.ca does not list what the fee covers. In many townhouse complexes of this type, owners pay their own heat and hydro and the fee covers common elements, insurance and reserve contributions, but confirm the exact inclusions in the status certificate and ask the seller for a year of utility bills.
Fees in townhouse complexes are usually far lower than in towers, because there are no elevators, concierge or pool to run. That makes the reserve fund the real test. After 50 years, roofs, windows, doors, paving and any shared garage structure have been through at least one replacement cycle, and some will be due again.
Read the reserve fund study for what has been done and what is planned, and check the declaration for which items are the owner’s job. AT Management and Consulting is listed as manager; ask when the last study was completed and whether the board has been following it.
Kennedy Road and Scarborough’s transit reset
Dorset Park was mostly built up in the 1950s, and Kennedy Road is its spine. The stretch from Highway 401 down to Lawrence Avenue is about 3.5 km of stores, offices and apartment buildings, with Kennedy Commons, a large shopping plaza between the 401 and Ellesmere Road, close to this complex.
Transit here has been through a lot. The Line 3 Scarborough RT closed in July 2023 and was replaced by buses. A dedicated busway on the old rail corridor, from Kennedy Station via Lawrence East and Ellesmere to Scarborough Town Centre, was set to open on 30 September 2026, and the Line 2 subway extension to Sheppard and McCowan is expected around 2030.
For most households here, the car still does the heavy lifting, and Highway 401 access is close. The data panel on this page shows the current transit options, schools and walkability from this address.
Being one street off a commercial strip has real advantages for a family: groceries, pharmacies and restaurants are close, and children can reach shops without crossing half the neighbourhood. The trade-off is traffic and noise on Kennedy itself, so visit at rush hour and on a Saturday before deciding.
Pricing at Terrace Courts
There was one home listed for sale and one for rent when I checked, and no building average price per square foot in the data. A single listing is not a market, so I would not treat its asking price as a guide to value.
I price homes here against recent sales in this complex and in comparable 1970s townhouse corporations in Dorset Park and nearby Wexford, adjusting for bedrooms, basement finish, parking, condition and position on the site. Condo apartments in the tower at 120 Dundalk are a different product and not a fair comparable.
Look at the fee and the reserve fund together. A low fee is only a good deal if the fund can carry the next round of roofs and paving without a special assessment. My building sold report shows what has actually traded here.
Building specifications
| Building name | 40 Dundalk Drive Terrace Courts |
| Address | 40 Dundalk Dr, Scarborough, Toronto |
| Building type | Condominium townhouse complex |
| Total homes | 65 |
| Condo corporation | YCC-140 |
| Registered | 3 May 1974 |
| Year built | 1974 |
| Property management | AT Management and Consulting Inc |
| Fees include | Not listed; confirm in the status certificate |
Amenities at 40 Dundalk Drive Terrace Courts
The amenity list is just parking: a garage and visitor spaces. That is typical of a townhouse complex, and it means the fee should be going to the homes and grounds rather than shared facilities nobody uses.
Jatin’s honest take on 40 Dundalk Drive Terrace Courts
Who this building suits
Larger families who need four bedrooms or more and want to stay in central Scarborough without paying freehold prices, and buyers who drive and value quick access to Kennedy Road shopping and the 401. It suits less well if you want new construction, an amenity package or a quiet suburban cul-de-sac far from a commercial strip.
What I’d want you to check
Read the reserve fund study carefully for roofs, windows, doors, paving and any shared garage. Confirm the fee inclusions, the parking arrangement for the specific home and what the declaration makes the owner’s responsibility. Review two years of board minutes and the fee history, and ask whether any special assessment is planned.
The value question
Four-bedroom homes at condominium-townhouse prices are increasingly rare in Toronto, and that is the core of the value case here. Transit improvements over the next few years should help the area. Whether a given home is good value depends on its condition and the corporation’s finances, so price it carefully against comparable sales.
Free building report: 40 Dundalk Drive Terrace Courts
Send me your email and I’ll put together a current report on 40 Dundalk Drive Terrace Courts — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
40 Dundalk Drive Terrace Courts — frequently asked questions
When was 40 Dundalk Drive Terrace Courts built?
It was built in 1974. The condominium corporation, YCC-140, was registered on 3 May 1974.
How many homes are in Terrace Courts?
There are 65 homes in a single condominium corporation.
Who manages the complex?
Condos.ca lists AT Management and Consulting Inc. Confirm the current manager in the status certificate package.
What does the maintenance fee include?
Condos.ca does not list the inclusions. Get them from the status certificate and ask the seller for recent heat and hydro bills.
Is there parking?
Yes. A parking garage and visitor parking are listed. Confirm how many spaces come with the specific home.
How big are the homes?
Condos.ca does not list sizes, but a current listing describes a four-bedroom-plus-one home, so family layouts are part of the mix.
Is Terrace Courts the same as 120 Dundalk Drive?
No. 120 Dundalk Drive is a separate 15-storey condominium tower built in 1978, with its own corporation and finances.
Who built Terrace Courts?
Condos.ca does not name a developer, which is common for complexes of this age.
What is happening with transit nearby?
The Line 3 Scarborough RT closed in 2023. A busway on its former corridor was set to open on 30 September 2026, and the Line 2 extension to Sheppard and McCowan is expected around 2030.
Who is Terrace Courts best for?
Larger families who want a townhouse with several bedrooms near Kennedy Road and are prepared to review the corporation’s finances carefully.
Do mostly owners or renters live at 40 Dundalk Drive Terrace Courts?
A mix of both. Of the deals here in the last 24 months, 50% were leases and 50% were sales.
Can you Airbnb a unit at 40 Dundalk Drive Terrace Courts?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows no active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has 40 Dundalk Drive Terrace Courts had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is 40 Dundalk Drive Terrace Courts zoned for?
For TDSB public schools, the address is zoned for Glamorgan Junior Public School (Elementary, JK–6), Ellesmere-Statton Public School (Middle, Gr 7–8), Winston Churchill Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the Walk Score of 40 Dundalk Drive Terrace Courts?
Walk Score 76, Transit Score 68 and Bike Score 48. Most daily errands can be done on foot.
What restaurants and shops are near 40 Dundalk Drive Terrace Courts?
Within about a 10-minute walk: Mr. Greek FLOGA (Greek), Fusion Restaurant & Lounge (Bar), Khaas Bistro Bar (Restaurant), Pizza on Fire (Pizza), Burrito Boyz (Mexican). The closest grocery store is Highland Farms, 0.3 km away.
Which parks are near 40 Dundalk Drive Terrace Courts?
Mondeo Park, Glamorgan Park, Jolly Way Park are the closest green spaces.
What is my unit at 40 Dundalk Drive Terrace Courts worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at 40 Dundalk Drive Terrace Courts lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
Looking at Agincourt, L’Amoreaux, Milliken, Dorset Park and Wexford in Scarborough more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
About the author — Jatin Dua, Toronto condo broker
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including Agincourt, L’Amoreaux, Milliken, Dorset Park and Wexford in Scarborough. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.
If you’re buying or selling at 40 Dundalk Drive Terrace Courts, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More Agincourt, L’Amoreaux, Milliken, Dorset Park and Wexford in Scarborough building guides: 1 Greystone Walk · 10 Cardwell Avenue Townhouses · 10 Reidmount Avenue Townhouses · 10 Stonehill Court Condos · 100 Prudential Drive Condos · 1000 Bridletowne Circle Townhouses
More resources: GTA condo directory · Building sold report · Book a call
© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.