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    Mississauga / Meadowvale West

    64 - 6780 Formentera Ave

    For Sale6780 Formentera Avenue Townhomes
    $829,999
    4 Beds
    1 Bath
    2 Parking
    1,200 - 1,399 SQFT
    10 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $644/mth
    Taxes:
    $3,266 (2024)
    Cost Per Sqft:
    $593 - $692/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    October 30, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Window Unit
    Heat Source
    Electric
    Heating
    Baseboard

    Room Dimensions

    Living
    Combined with Dining, Walkout To Sundeck, Laminate
    14.7 x 12.6ft
    Dining
    Combined with Living, Recessed Lights, Laminate
    14.57 x 10.43ft
    Kitchen
    Recessed Lights, Built-in Dishwasher, Laminate
    14.57 x 8.83ft

    About this Listing

    Renvoated End Unit Townhome Located In One of Mississauga's Best Neighbourhoods. Perfect for Families Looking to Upsize or Even Rent! 4 Bedrooms, 3 Washrooms And A Finished Basement with Rec Room With Walk Out To Backyard. Spacious Main Floor W/Balcony Off Living Room Overlooking Park. Recessed Lighting. Large, Bright Rooms With Ample Closets. Entry To Garage From Inside. Minutes To Meadowvale Tc, Public Transit, Highways.

    ExtrasFridge, Stove, B/I D/W, Window Coverings, Elfs. Washer, Dryer, 1 Window Ac Unit (As Is) 2 Gdos, All Baseboard Heaters. Gas Is Available In Unit. Extension Of Previous MLS Listing #w9264212

    psrMLS® #W9513355

    Amenities

    Indoor Parking
    BBQs Allowed
    Visitor Parking

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    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

    6780 Formentera Avenue Townhomes vs The Meadowvale West Area

    Building Trends At 6780 Formentera Avenue Townhomes

    Days on Strata

    Units at 6780 Formentera Avenue Townhomes spend an average of
    24
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    12.2
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    19th
    Highest price per SQFT out of 44 condos in the Meadowvale West area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    6780 Formentera Avenue Townhomes offers the
    ?
    best value out of 44 condos in the Meadowvale West neighbourhood

    Appreciation Rank

    6780 Formentera Avenue Townhomes has the
    ?
    highest ROI out of 44 condos in the Meadowvale West neighbourhood

    Rental Yield

    6780 Formentera Avenue Townhomes yields the
    ?
    highest rent prices out of 44 condos in the Meadowvale West neighbourhood

    High Demand

    6780 Formentera Avenue Townhomes is the
    ?
    most popular building out of 44 condos in the Meadowvale West neighbourhood

    Transaction Insights at 6780 Formentera Avenue

    3 Bed3 Bed + Den
    Price Range$665,000 - $778,000$710,000 - $750,000
    Avg. Cost Per Sqft$538$533
    Avg. Wait for Unit Availability47 Days222 Days
    Ratio of Units in Building88%13%

    Transactions vs Inventory

    Total number of units listed and sold in Meadowvale West