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    for sale
    79 Days on Strata
    Est Sell Timeframe:
    19 Days
    2 Beds
    1 Bath
    2 Parking
    1,041 SQFT
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    Price History


    Maintenance Fees:
    $487/mth
    Taxes:
    $2,584 (2024)
    Property Type:
    Condo Townhouse
    Cost Per Sqft:
    $528/sqft
    Outdoor Space:
    Terrace
    Locker:
    Exclusive
    Possession Date:
    Oct 1
    Exposure:
    East West

    Amenities

    Visitor Parking

    About this Listing

    This is the one! A one level, main floor two bedroom Townhouse with low maintenance fees in the Meadowvale community of Mississauga! #79 6797 Formentera Avenue has recently been renovated with new windows and a stylish new eat in kitchen. The kitchen features stainless steel appliances and a large walk in pantry. The semi-ensuite bathroom features a roll in shower, grab bars and a built-in folding shower seat. This bathroom provides a safe and accessible space for someone with limited mobility, a disability or is looking to age in place. The large open concept living room and dining room overlook the private fenced backyard.There is a sliding patio door that opens to the patio stone terrace, grass and gardens. There is a gate leading to community common area.The primary bedroom is spacious. It has a walk in closet and direct access to the accessible bathroom. The second bedroom has a large closet.There is ceramic flooring in the kitchen and bathroom and parquet flooring throughout the remainder unit.Townhouse #79 has an in-suite laundry room, hot water tank, and lots of closet space.There is an exclusive use vehicle garage with a large storage locker plus a second parking spot in front of the garage. The low mainteance fee ($486.68) includes cable TV and internet!

    ExtrasFridge, stove, washer, dryer, existing window coverings.

    re/max prime properties - unique groupMLS® #W12376482

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Baseboard
    Heat Source
    Electric
    Air Conditioning Type
    None

    Dimensions


    Living
    19.92 x 11.35ft
    Walkout To Yard, Open Concept, Parquet Floor
    Dining
    9.71 x 9.55ft
    Open Concept, O/Looks Backyard, Parquet Floor
    Kitchen
    9.88 x 9.12ft
    Updated, Eat-In Kitchen, Pantry
    Primary
    13.45 x 11.29ft
    Walk-in Closet, Semi Ensuite, Parquet Floor
    2nd Bedroom
    9.84 x 9.29ft
    Closet, South View, Parquet Floor
    Laundry
    6.86 x 5.84ft

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

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    Map

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    map of location
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    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.

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    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%


    Days on Strata

    Units at 6777 Formentera Avenue Townhomes spend an average of
    36
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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
    15.8
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 44 condos in the Meadowvale West area

    Sold Units

    3
    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

    Market Insights

    Transaction Insights at 6777 Formentera Avenue Townhomes

    2 Bed3 Bed3 Bed + Den
    Price Range$580,000$650,000$753,888
    Avg. Cost Per Sqft$602$515$508
    Avg. Wait for Unit Availability179 Days60 Days684 Days
    Ratio of Units in Building16%76%4%

    Market Inventory

    Total number of units listed and sold in Meadowvale West