6777 Formentera AveUnit 41
3Beds
2Bath
1394SQFT
SOLD
Sold for $663,000
1394SQFT
6777 Formentera AveUnit 41
SOLD
Sold for $663,000
3Beds
2Bath
1394SQFT
Walk Score
78
Transit Score
69
Bike Score
55
© MapTiler © OpenStreetMap
0
CONDO Demand
HIGH
Unit Availability
AVERAGE
Property Type
Townhouse
Developer
Unknown
Condo Completion
1977
Property Management
360 Community Management Ltd
Unit Size Range
880 - 1527 SQFT
Number of Units
103
Number of Storeys
2
List Price
$673,000
Sold per SQFT for
$476/sqft
Total Days on Market
6
Maintenance
$493/mth
Taxes
$2,515
Property Type
Townhouse
CONDO Demand
HIGH
Unit Availability
AVERAGE
Locker
Yes
Parking
Yes
Outdoor Space
None
Exposure
West

Listing Summary

SOLD! Unit #41 at 6777 Formentera Ave sold for $663,000 on the 15th of June, 2021, down $10,000 from the list price of $673,000, or 1.5% below the list price, with 6 days on market. if you have any questions about this unit or building!

About the Property

Location! Very Well Managed Complex. Bright End Unit Like A Semi 3 Bdrm Home In Demand Meadowvale Area, Open Concept, New Pot Lights (2021), New Garage Door Opener, S/S Appliances. Large Living Space, Laundry Room On 2nd Flr, Master & 2nd Bdrm With W/I Closet Fenced Bckyrd! Ideal For 1st Time Buyers & Families! Steps To Go Trnst/Miss Trnst, Meadowvale T/C & 401. One Of The Best Values In Mississauga! Low Maintenance Fee. A Good Size Locker For Exclusive Use.

Extras

Private Garage Parking,Storage Locker.Cable Tv, Water&Snow Removal Included In Maintenance S/S Fridge,S/S Stove, S/S Dishwasher, S/S Overhead Microwave, Washer And Dryer, Window Coverings, 2 Window A/C: Freezer. Hwt (R)

Brokerage: home standards brickstone realty, brokerageMLS® #W5267059

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Select a Date and Time
Friday
25
June
Saturday
26
June
Sunday
27
June

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Room Dimensions

AreaFeet | MetersDetails
Living20.67 x 18.05ftLaminate, Walkout To Yard, Combined with Dining
Dining20.67 x 18.05ftLaminate, L-Shaped Room, Combined with Living
Kitchen10.01 x 8.99ftLaminate, Stainless Steel Appliances
Foyer6.89 x 3.94ftLaminate, 2 Piece Bath, Closet
Master17.72 x 11.48ftHardwood Floor, 4 Piece Ensuite
2nd Bedroom17.06 x 9.35ftHardwood Floor, Window, Closet
3rd Bedroom9.97 x 9.61ftHardwood Floor, Window, Closet
Laundry7.78 x 7.38ft

Maintenance Fees Cover

Maintenance Fees Include

Water
Parking
Building Insurance

Owner Pays Separately

Hydro
Heat
Air Conditioning

Amenities

BBQ
Underground Parking
Visitor Parking

Listing History for Unit 41

Stats, Trends & Rankings

Price Per Square Foot For Sale
Price Per SQFT For Sale
SaleRent
6777 Formentera Avenue Townhomes vs The Meadowvale West Area
SaleRent

$42
More Expensive
per SQFT compared to the neighbourhood average
6777 Formentera Avenue Townhomes's Avg
price per SQFT
$554
/ SQFT
Neighbourhood Avg
price per SQFT
$512
/ SQFT

Building Trends At 6777 Formentera Avenue Townhomes

Days on Market

Units at 6777 Formentera Avenue Townhomes spend an average of
9
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
10%
above
the list price.

Offer Competition

Condos in this building have a

HIGH
chance of receiving
Multiple Offers

Turnover of Units

On average, each unit is owned for
14.8
YEARS before being sold again

Property Value

13%
Increase in property value within the past twelve months

Price Ranking

4th
Highest price per SQFT out of 43 condos in the Meadowvale West area

Sold Units

11
Units were Sold over the past twelve months

Rented Units

1
Units were Rented over the past twelve months

Best Value

6777 Formentera Avenue Townhomes offers the
?
N/A
best value out of 43 condos in the Meadowvale West neighbourhood

Return on Investment

6777 Formentera Avenue Townhomes has the
?
highest ROI out of 43 condos in the Meadowvale West neighbourhood

Rental Yield

6777 Formentera Avenue Townhomes yields the
?
highest rent prices out of 43 condos in the Meadowvale West neighbourhood

High Demand

6777 Formentera Avenue Townhomes is the
?
most popular building out of 43 condos in the Meadowvale West neighbourhood

Sales vs Rental Values For This Condo

Average Cost Per SQFTSales Price RangeRental Price Range
2 Bed921 - 1323 SQFT$512$475,000 - $635,000
N/A
3 Bed1030 - 1527 SQFT$450$440,000 - $710,000$2,050 - $2,050
2 Bed921 - 1323 SQFT
Average Cost Per Sqft
$512
Sales Price Range
$475,000 - $635,000
Rental Price Range
N/A
3 Bed1030 - 1527 SQFT
Average Cost Per Sqft
$450
Sales Price Range
$440,000 - $710,000
Rental Price Range
$2,050 - $2,050

How Often Are Units Listed?

Average Sales AvailabilityAverage Rental AvailabilityRatio of Unit Type in Building
2 Bed921 - 1324 SQFT
Every186Days
N/A
14%
2 Bed + Den916 - 916 SQFT
N/A
N/A
2%
3 Bed916 - 1527 SQFT
Every56Days
Every379Days
83%
3 Bed + Den1148 - 1300 SQFT
Every1077Days
N/A
3%
2 Bed921 - 1324 SQFT
Average Sales Availability
Every186Days
Average Rental Availability
N/A
Ratio of Unit Type in Building
14%
2 Bed + Den916 - 916 SQFT
Average Sales Availability
N/A
Average Rental Availability
N/A
Ratio of Unit Type in Building
2%
3 Bed916 - 1527 SQFT
Average Sales Availability
Every56Days
Average Rental Availability
Every379Days
Ratio of Unit Type in Building
83%
3 Bed + Den1148 - 1300 SQFT
Average Sales Availability
Every1077Days
Average Rental Availability
N/A
Ratio of Unit Type in Building
3%

Maintenance Fees
6777 Formentera Avenue Townhomes vs The Meadowvale West Area

$0.23
Less Expensive
per SQFT compared to the neighbourhood average
6777 Formentera Avenue Townhomes's Avg
monthly maintenance
fee per SQFT
$0.29
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.52
/ SQFT

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