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    Mississauga / Meadowvale West

    6 - 6777 Formentera Ave

    For Sale6777 Formentera Avenue Townhomes
    $699,000
    3 Beds
    2 Bath
    1 Parking
    1,200 - 1,399 SQFT
    15 Days on Strata
    Est Sell Timeframe
    15 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $680/mth
    Taxes:
    $3,001 (2024)
    Cost Per Sqft:
    $500 - $583/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    To Be Determined
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    None
    Heat Source
    Electric
    Heating
    Baseboard

    Room Dimensions

    Living
    Laminate, Walk-Out
    11.81 x 24.9ft
    Dining
    Laminate, Window
    9.06 x 11.65ft
    Kitchen
    Eat-In Kitchen, Pantry, Built-in Dishwasher
    9.06 x 12.01ft

    About this Listing

    Nestled in a highly coveted neighborhood, this 3 bedroom, 2 bath condo townhouse offers an open main floor plan - complete with an eat-in kitchen, adjoining dining and living areas and a walk out to the backyard. The inviting backyard features a covered deck area to extend your time outdoors and private fully fenced greenspace. With 3 spacious bedrooms, each with a generous window, this home is perfect for growing families or those who desire additional space for a home office.A short walk takes you to The Meadowvale Shopping Town Center making grocery shopping and eating out a breeze. Outdoor enthusiasts will appreciate the close proximity to the community center, library, and lake. Quick access to multiple schools, parks, major highways 401/403/407, and the Meadowvale GO Station makes this the perfect place to call home.

    ExtrasFridge and Stove, Microwave, Dishwasher, Stacked Washer/Dryer, all light fixtures, all windows coverings

    re/max professionals inc.MLS® #W9397055

    Amenities

    Visitor Parking
    Indoor Parking
    BBQs Allowed

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,764
    Average Individual Income
    $66,161
    Average Household Size
    2 persons
    Average Age
    42
    Average Household Income
    $112,187
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    19%
    50 - 64
    21%
    65+
    20%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    27%
    $60,000+
    17%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Semi Detached
    37%
    Detached
    31%
    High Rise Apartment
    18%
    Low Rise Apartment
    7%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    90%
    Spanish
    2%
    Mandarin
    2%
    Cantonese
    2%
    Portuguese
    1%
    Tagalog
    1%
    Hindi
    1%
    Urdu
    1%
    Education
    University and Above
    31%
    High School
    29%
    College
    17%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    18%
    Health & Related Fields
    13%
    Social Sciences
    12%
    Math & Computer Sciences
    6%
    Education
    5%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Humanities
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Maintenance Fees

    6777 Formentera Avenue Townhomes vs The Meadowvale West Area

    Building Trends At 6777 Formentera Avenue Townhomes

    Days on Strata

    Units at 6777 Formentera Avenue Townhomes spend an average of
    49
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Meadowvale West

    Turnover of Units

    On average, each unit is owned for
    15.7
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 44 condos in the Meadowvale West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    6777 Formentera Avenue Townhomes offers the
    ?
    best value out of 44 condos in the Meadowvale West neighbourhood

    Appreciation Rank

    6777 Formentera Avenue Townhomes has the
    ?
    highest ROI out of 44 condos in the Meadowvale West neighbourhood

    Rental Yield

    6777 Formentera Avenue Townhomes yields the
    ?
    highest rent prices out of 44 condos in the Meadowvale West neighbourhood

    High Demand

    6777 Formentera Avenue Townhomes is the
    ?
    most popular building out of 44 condos in the Meadowvale West neighbourhood

    Transaction Insights at 6777 Formentera Avenue

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$569,000$650,000$660,000 - $696,000No Data
    Avg. Cost Per Sqft$580$669$533No Data
    Avg. Wait for Unit Availability159 Days2210 Days49 Days2955 Days
    Ratio of Units in Building16%1%81%3%

    Transactions vs Inventory

    Total number of units listed and sold in Meadowvale West