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    Mississauga / Meadowvale West

    40 - 6777 Formentera Ave

    For Rent6777 Formentera Avenue Townhomes
    $2,950/mth
    3 Beds
    1 Bath
    2 Parking
    1,222 SQFT
    6 Days on Strata
    Est Lease Timeframe
    8 Days

    Listing History

    Unit Highlights

    Possession Date:
    September 15, 2024
    Lease Term:
    1 Year
    Property Type:
    Townhouse
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North East
    Locker:
    Ensuite+Owned
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Parking
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Other
    Heat Source
    Electric
    Heating
    Baseboard

    Room Dimensions

    Living
    Combined with Dining, Walkout To Balcony, Laminate
    12.96 x 11.75ft
    Family
    Combined with Living, Open Concept, Laminate
    9.84 x 9.51ft
    Dining
    Combined with Living, Open Concept, Laminate
    9.84 x 11.75ft

    About this Listing

    Exceptional, Spacious And Bright Corner Condo Stacked-Townhouse Located In A prime and Friendly Neighborhood At Desirable Area In Meadowvale. This Meticulously Maintained, fully renovated, freshly painted and Full Of Natural Sunlight! Walking cross street to The Meadowvale Shopping Centre, Restaurants, Community Centre and medical services. Facing to very nice park, walking distance to Go Bus Main Station and Bus Stop at the street corner. Easy To Get Hwy 401 & 407, Transit, etc., High Ranked Schools, New pump with cold/hot AC (electricity efficient).

    ExtrasS/S Appliances, Closet Organizers! High Speed wi-fi with TV cable, water, GDO

    re/max success realtyMLS® #W9349862

    Amenities

    BBQ
    Indoor Parking
    Visitor Parking

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    6777 Formentera Avenue Townhomes vs The Meadowvale West Area

    Building Trends At 6777 Formentera Avenue Townhomes

    Days on Strata

    Units at 6777 Formentera Avenue Townhomes spend an average of
    49
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Meadowvale West

    Turnover of Units

    On average, each unit is owned for
    15.7
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 46 condos in the Meadowvale West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    6777 Formentera Avenue Townhomes offers the
    ?
    best value out of 46 condos in the Meadowvale West neighbourhood

    Appreciation Rank

    6777 Formentera Avenue Townhomes has the
    ?
    highest ROI out of 46 condos in the Meadowvale West neighbourhood

    Rental Yield

    6777 Formentera Avenue Townhomes yields the
    ?
    highest rent prices out of 46 condos in the Meadowvale West neighbourhood

    High Demand

    6777 Formentera Avenue Townhomes is the
    ?
    most popular building out of 46 condos in the Meadowvale West neighbourhood

    Transaction Insights at 6777 Formentera Avenue

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$569,000$650,000$660,000 - $696,000No Data
    Avg. Cost Per Sqft$580$669$533No Data
    Avg. Wait for Unit Availability159 Days2210 Days49 Days2955 Days
    Ratio of Units in Building16%1%81%3%

    Transactions vs Inventory

    Total number of units listed and leased in Meadowvale West