6797 Formentera Avenue, Unit 77, Mississauga, ON
Property no longer active
This property was sold on April 24, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Meadowvale. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $679,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1200-1399 sqft
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Storage
- equipped with window unit(s) central cooling and highly efficient baseboard heating via electric
Description
Welcome to 6797 Formentera Ave #98, an updated 3+1 bedroom, 3 bath home in the heart of a family-friendly neighbourhood, and community. With 1334 sq. feet above grade, plus a fully finished 567 sq ft lower level that could be used as in in-law suite, primary suite, or fabulous bonus room, this Meadowvale townhome boasts a total area of just over 1900 sq ft total! Bright and spacious, come and enjoy the open-concept living and dining area with a seamless walkout to a private enclosed yard, perfect for outdoor entertaining, especially for those with small kids, or pets. Backing onto a picturesque walking trail, and fronting onto the community cul-de-sac, this home offers both quiet enjoyment and city convenience. This townhome has been thoughtfully updated throughout, offering modern finishes and a welcoming atmosphere. The fully finished lower level provides plenty of storage (an entire walk through pantry/enclosed storage) and features a built in Murphy bed for added versatility. On the 2nd floor, the bedrooms have also been updated with closet organizers to take advantage of even more storage room available. Enjoy being within walking distance to four parks, Meadowvale Community Centre, Meadowvale Town Centre (for all your shopping and dining needs), Meadowvale Town Centre bus terminal, and Meadowvale GO station, making the Toronto commute a breeze. This is a wonderful opportunity to own a well loved home in a vibrant, well-connected community don't miss out! *EXTRAS* Maintenance fees incl. Rogers High Speed Internet, Cable TV, Snow Removal, and Landscaping/Maint, as well as water. New windows to be installed in summer 2025.
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Property Summary
This townhouse located at 6797 Formentera Avenue, Mississauga is currently for sale and has been available on SousaSells for 465 days. This property is listed at $679,000 with an estimated mortgage of $2,260* per month. It has 4 beds, 3 bathrooms, and is 1200-1399 square feet. 6797 Formentera Avenue, Mississauga is in the Meadowvale neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Fenced Yard, Park, Public Transit, Rec./Commun.Centre, School
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 6797 Formentera Avenue 98, Mississauga, ON L5N 2L6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Mississauga, ON
For a property listed at $679,000 in Mississauga, the legal minimum down payment is $42,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,055 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,055.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.