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    98 - 6797 Formentera Ave

    $679,0003 bds3 ba2 pk1,334 sqft
    9 Days on Strata
    Est Sell Timeframe:
    18 Days
    $679,000
    3 Beds + 1
    3 Bath
    2 Parking
    1,334 SQFT

    Listing History


    Details

    Ownership Type:

    Condominium

    Property Type:

    Townhouse

    Maintenance Fees:

    $584/mth

    Taxes:

    $2,963 (2024)

    Cost Per Sqft:

    $509/sqft

    Outdoor Space:

    Terrace

    Locker:

    None

    Exposure:

    West

    Possession Date:

    July 2, 2025

    Laundry:

    Lower

    Amenities

    BBQs Allowed
    Visitor Parking
    Indoor Parking

    About this Listing

    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.

    ExtrasAll existing appliances (SS fridge, stove, dishwasher, microwave, washer/dryer), all existing light fixtures, all existing window coverings, murphy bed in lower rec room, TV wall mounts in living room and lower rec room, window mounted AC unit.

    bosley real estate ltd.MLS® #W12065925

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning

    Window Unit

    Heat Source

    No Data

    Heating

    Baseboard

    Room Dimensions

    Living

    hardwood floor, Walkout To Terrace, Combined with Dining

    11.09 x 15.49ft

    Dining

    hardwood floor, Window, Combined with Living

    8.96 x 9.68ft

    Kitchen

    Tile Floor, Family Size Kitchen, Stainless Steel Appliances

    8.66 x 12.53ft

    Bathroom

    2 Piece Bath, Renovated, Tile Floor

    4.27 x 4.1ft

    Primary

    Closet Organizers, Window, O/Looks Frontyard

    14.5 x 11.55ft

    2nd Bedroom

    Closet Organizers, Walk-in Closet, O/Looks Backyard

    9.65 x 15.72ft

    3rd Bedroom

    Closet, Carpet, O/Looks Backyard

    9.97 x 11.52ft

    Bathroom

    4 Piece Bath, Renovated, Tile Floor

    9.65 x 5.58ft

    Pantry

    Built-in Shelves, Carpet

    0 x 0ft

    Rec

    Murphy Bed, Above Grade Window

    19.92 x 22.44ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore Meadowvale West


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    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.

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    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%


    Days on Strata

    Units at 6777 Formentera Avenue Townhomes spend an average of
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    15.7
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 44 condos in the Meadowvale West area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    6777 Formentera Avenue Townhomes offers the
    ?
    best value out of 44 condos in the Meadowvale West neighbourhood

    Appreciation Rank

    6777 Formentera Avenue Townhomes has the
    ?
    highest ROI out of 44 condos in the Meadowvale West neighbourhood

    Rental Yield

    6777 Formentera Avenue Townhomes yields the
    ?
    highest rent prices out of 44 condos in the Meadowvale West neighbourhood

    High Demand

    6777 Formentera Avenue Townhomes is the
    ?
    most popular building out of 44 condos in the Meadowvale West neighbourhood

    Market Insights

    Transaction Insights at 6777 Formentera Avenue Townhomes

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$569,000$650,000No DataNo Data
    Avg. Cost Per Sqft$580$669No DataNo Data
    Avg. Wait for Unit Availability159 Days2210 Days49 Days2955 Days
    Ratio of Units in Building17%1%78%5%

    Market Inventory

    Total number of units listed and sold in Meadowvale West


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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