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    6780 Formentera Avenue Townhomes

    6780 Formentera Avenue

    1for Sale
    0for Rent
    © OpenStreetMap
    map of location

    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

    Amenities

    Indoor Parking
    Visitor Parking
    BBQ

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 6780 Formentera Avenue6780 Formentera Avenue Townhomes

    6780 Formentera Avenue Townhomes stands 1 storeys tall at 6780 Formentera Avenue and contains 84 units. This Peel Region condo was completed in 1977 by a developer. Suite sizes range from 1237 square feet to 1899 square feet.

    This condo has a Walk Score of 71 and an average demand ranking, based on Strata.ca’s analytics.

    The Suites

    The average cost per-square-foot for a unit at 6780 Formentera Avenue is $524, 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 24 days on the market on average and usually sell for 1.45% above the listing price. In the last 12 months, 0 units has rented, and 8 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.

    1

    Listings For Sale

    Interested in receiving new listings for sale?

    0

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    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!'

    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
    Household Income
    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

    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

    Turnover of Units

    On average, each unit is owned for
    12.5
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    24th
    Highest price per SQFT out of 46 condos in the Meadowvale West area

    Sold Units

    8
    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 46 condos in the Meadowvale West neighbourhood

    Appreciation Rank

    6780 Formentera Avenue Townhomes has the
    ?
    highest ROI out of 46 condos in the Meadowvale West neighbourhood

    Rental Yield

    6780 Formentera Avenue Townhomes yields the
    ?
    highest rent prices out of 46 condos in the Meadowvale West neighbourhood

    High Demand

    6780 Formentera Avenue Townhomes is the
    ?
    most popular building out of 46 condos in the Meadowvale West neighbourhood

    Transaction Insights at 6780 Formentera Avenue

    3 Bed3 Bed + Den
    Price Range$665,000 - $778,000$750,000
    Avg. Cost Per Sqft$525$478
    Avg. Wait for Unit Availability51 Days175 Days
    Ratio of Units in Building84%17%

    Maintenance Fees

    6780 Formentera Avenue Townhomes vs The Meadowvale West Area

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