$499,000

For sale

#75 6797 Formentera Avenue, Mississauga (Meadowvale) - Single Family for Sale

#75 6797 Formentera Avenue, Mississauga (Meadowvale), Ontario, L5N2L6

2 beds1 bath2 parking950 ft²$499/mo condo feeListed 19 days ago

Overview

This 2-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 950 sq ft of space. Listed at $499,000, it is attractively priced about 19% below the $619,500 median asking price in Mississauga. It has been on the market 19 days, fresher than the Mississauga average of 47 days.

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Description

Check out Virtual Tour! Absolutely beautiful ground level townhome perfect for first time buyers or downsizing. Cute and cozy, this lovely home has been extensively renovated to reflect modern living with open concept floor plan layout. Brand new modern kitchen with lots of cabinet & counter space, quartz counter tops and backsplash, pot lights, high cabinets, large lazy suzy, spice rack and double garbage dispenser. Not to mention a huge centre island with breakfast bar and pot drawers. This amazing home features new laminate floors and high baseboards, new bathroom, new laundry room, new doors, smooth ceilings, and has been freshly painted in a Benjamin Moore warm tone. Enjoy summer bbqs and relaxation and entertain in the lovely private fenced garden with beautiful perennials and sunny exposure. Good sized bedrooms with plenty of closet space and big windows providing natural light. Convenient laundry ensuite with brand new front load washer and dryer and a handy laundry sink. Garage provides interior access to the unit and private storage space for those extra items. Newer windows, new garage door (Nov '26). Convenient location, walking distance to Meadowvale Town Center/public transit/Metro grocery store/LCBO/Shoppers Drug Mart/banks/restaurants, etc. (id:66096)

Property Details

MLS®: W14086978
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 950 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Attached Garage, Garage
Condo Fee: $499/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,969.96/yr
Listed: 19 days ago

Rooms

Ground level

Living room: 5.64 x 3.51 meters
Dining room: 3.05 x 2.99 meters
Kitchen: 3.05 x 2.8 meters
Primary Bedroom: 4.18 x 3.51 meters
Bedroom: 3.05 x 2.83 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Flooring: Laminate
Exterior: Brick, Aluminum siding
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

Mississauga (Meadowvale) listings, avg age

47d

Price / ft²

$526

List price

$499K

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Mississauga (Meadowvale) has been listed for 19 days, which is 28 days fresher than the city average of 47. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · KUSAM KANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5N)

This home lists at $499,000, about 4.1× the local median household income of $123,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $123,000
Population: 83,700
Median age: 40.4
Owner / renter: 83% / 17%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA L5N)

$499,000· $526/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$247/mo

Condo fee$499/mo

Total monthly$3,375

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

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