Mondeo Springs, 8 Mondeo Dr: Tridel’s 2003 Tower With Hydro in the Fee

Mondeo Springs is the building I point to when a buyer in Scarborough tells me they want a predictable monthly bill above everything else. It is a 17-storey Tridel tower from 2003, the first of two Mondeo Springs phases, and its fee covers hydro and air conditioning as well as water and parking, which very few buildings of any age still do. The trade-off is a 20-plus-year-old building that has to be read carefully before you buy. I’m Jatin Dua, RE/MAX Quantum Realty.

A Tridel tower from the era when the fee covered almost everything

Mondeo Springs was built by Tridel and designed by Burka Varacalli Architects, the same pairing behind several early-2000s Tridel towers in Scarborough, including Forest Vista near Scarborough Town Centre. At 17 storeys, roughly 54 metres, it is a mid-height slab rather than a landmark, and it was built for owner-occupiers who wanted space and amenities at a Scarborough price.

There are two phases. This first phase at 8 Mondeo Drive has 323 suites. Mondeo Springs II next door at 18 Mondeo Drive followed in 2005 with another 17 storeys and 329 suites, also by Tridel. They are separate condominium corporations, so the fees, reserve fund and rules are not shared, even though the buildings look like siblings.

What sets this phase apart on paper is the fee structure. Condos.ca lists hydro and air conditioning in the fee, alongside common elements, building insurance, parking and water. In most buildings completed after about 2010, hydro is on your own meter and parking is a separate line, so this is a meaningful difference.

Suite sizes that suit people who actually live here

Suites run from about 592 to 1,129 sq ft. There is no micro-studio end to this range, which tells you who the building was designed for: couples, small families and downsizers rather than investors chasing the lowest entry price.

A 1,000-plus sq ft two-bedroom here is the kind of plan that is now hard to find in new Scarborough towers without paying a large premium. If you are moving out of a house and want to keep your dining table and a proper primary bedroom, this size band is the reason to look at Mondeo Springs before anything newer.

Floor plans are not well published online for this building, so I cannot give you ceiling heights or a reliable plan list. For a building of this vintage, expect conventional ceilings and enclosed kitchens or galley kitchens rather than open loft plans. Ask for the plan of the exact suite and walk it with a tape measure.

The amenities and what changes on the transit map

The building has a concierge, a security guard, guest suites, a party room, a meeting room, an exercise room and a sauna, and TalkCondo also lists a pool. The condos.ca summary I worked from shows the sauna but does not list the pool in its short list, so confirm what is operating today before it becomes part of your decision.

The bigger change around Mondeo Springs is transit. Line 5 Eglinton opened on 8 February 2026, with Kennedy Station as its eastern end, so the trip west along Eglinton from Kennedy no longer depends on buses. Further east, the Line 2 extension to Scarborough Centre and Sheppard and McCowan is under construction, with opening expected around 2029 to 2030. The data panel on this page shows the walking and transit times from the door.

Phase one or phase two: how to choose between the Mondeo buildings

Buyers often look at 8 and 18 Mondeo Drive in the same afternoon, and they should. The buildings share a builder, a height and a street, and the suite sizes overlap, so the decision usually comes down to the condition and finances of each corporation rather than the suites themselves.

Phase one is about two years older, which means its big-ticket repairs tend to arrive first. That can be good news if the work has already been done and paid for, and bad news if it is still ahead. Ask both managers for the latest reserve fund study and the most recent budget, and compare the fee per square foot and exactly what each fee covers.

If the two look similar on paper, choose on the suite: exposure, floor, the view over the neighbourhood, and whether the parking spot and locker are where you want them. Do not assume the sister building is identical just because it looks it.

What a square foot costs here, and why the fee needs context

Condos.ca puts the building average at about $612 per square foot. On a 700 sq ft suite that works out to roughly $430,000, and on a 1,000 sq ft suite to roughly $610,000. That sits below most newer towers around Scarborough Town Centre and well below anything new along the Eglinton line.

There were no active sale listings when I checked, so I cannot give you a current asking range. That is not unusual for a building where many owners have stayed a long time, but it means you should be ready to move when the right suite appears, and you should lean on recent sold data rather than asking prices.

When you compare fees, do it properly. A fee that covers hydro, air conditioning, water and parking will always look high next to a newer building where those are separate. Add your own hydro bill and a parking charge to the newer building’s fee before you decide which is cheaper. Use my building sold report to see what has actually traded here.

Building specifications

Amenities at Mondeo Springs

This is a full early-2000s Tridel package: staffed front desk, guest suites for visiting family, a party room and a sauna. For daily life it means you can host and stay active without leaving the building, but every one of those rooms is also a cost line in the reserve fund.

Jatin’s honest take on Mondeo Springs

Mondeo Springs — frequently asked questions

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.