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    6780 Formentera Avenue

    6780 Formentera Avenue Townhomes
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    1for Sale
    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    1
    Number of Units:
    84
    Condo Completion:
    1977
    Condo Demand:
    Medium
    Unit Size Range:
    1,237 - 1,899 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for 6780 Formentera Avenue Townhomes

    Receive listing updates for Meadowvale West

    Amenities

    Indoor Parking
    Visitor Parking
    BBQs Allowed

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 6780 Formentera Avenue6780 Formentera Avenue Townhomes

    Anyone who’s seeking a Mississauga condo for sale should definitely consider 6780 Formentera Avenue Townhomes at 6780 Formentera Avenue. a developer completed this building back in 1977, but unlike other buildings of that age, maintenance fees are actually very low at $0.42 per-square-foot. The building is 1 storey tall and is home to 84 suites. Units start at 1237 square feet on the low end, and can go up to 1899 square feet.

    This condo has a Walk Score of 71 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees at 6780 Formentera Avenue are only $0.42, significantly lower than the city average of about $0.67 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 6780 Formentera Avenue is $547, based on the past 12 months of sales, and these suites have a medium probability of receiving multiple offers.

    Units at 6780 Formentera Avenue Townhomes spend 19 days on the market on average and usually sell for 0.76% above the listing price. In the last 12 months, 0 units has rented, and 10 have sold.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Cora, Tim Hortons and Bento Sushi are all within 8 minutes walking distance from 6780 Formentera Avenue. In the mornings, become a regular at McDonald's, a quick 3-minute walk from 6780 Formentera Avenue Townhomes.

    There are a number of grocery stores within a short drive, including Rabba, Metro and Rabba Fine Foods.

    Having Hunter's Green and Maplewood Park within 13 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Enhance your personal style while living in the Meadowvale West neighbourhood by visiting Aquitaine Plaza, Dollar Store and Meadowvale Town Centre.

    Families with older children will be happy to know that Meadowvale Secondary School, Peel Alternative School West and Our Lady of Mount Carmel Secondary School can be reached by car in under 3 minutes.

    Transportation

    For transit users, the nearest light transit stop is Meadowvale Town Centre Bus Terminal Platform B and is about a 9 minutes walk away.

    If you’re interested in checking out other similar condos within walking distance, you might like 6777 Formentera Avenue, 2929 Aquitaine Avenue and 6720 Glen Erin Drive.

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    Explore Meadowvale West

    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 condos

    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%

    Maintenance Fees

    6780 Formentera Avenue Townhomes vs The Meadowvale West Area

    Days on Strata

    Units at 6780 Formentera Avenue Townhomes spend an average of
    19
    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

    1%
    Increase in property value within the past twelve months

    Price Ranking

    17th
    Highest price per SQFT out of 44 condos in the Meadowvale West area

    Sold Units

    10
    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$725,000 - $778,000$710,000 - $750,000
    Avg. Cost Per Sqft$541$533
    Avg. Wait for Unit Availability48 Days209 Days
    Ratio of Units in Building86%15%

    Unit Sales vs Inventory

    Total number of units listed and sold in Meadowvale West