$645,000 - 6780 Formentera Avenue Unit Unit 53, Mississauga
Condo for Sale in Mississauga
33 days on marketNeighbourhood: Meadowvale
- MLS Number
- W13591564
- Property Type
- Condo
- Status
- active
- Days on Site
- 33
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to Unit 53 at 6780 Formentera, an extensively updated 3-bedroom, 2-bathroom townhome in the highly sought-after Meadowvale community. Beautifully renovated and meticulously maintained, this turnkey home offers the perfect blend of modern style, comfort, and functionality. The bright main level features a contemporary kitchen with premium, high-quality appliances, upgraded finishes, and a walkout to a private balcony-perfect for your morning coffee or relaxing evenings. The spacious dining area flows seamlessly into the inviting living room, which also offers a walkout, creating an ideal space for everyday living and entertaining. Upstairs, you'll find three generously sized bedrooms, a well-appointed 4-piece bathroom, and a convenient linen closet. The versatile ground-level family room provides additional living space ideal for a home office, recreation room, gym, or guest suite, complete with a powder room and separate laundry. Lovingly maintained as a smoke-free and pet-free residence, this home is exceptionally clean and truly move-in ready. Recent upgrades include premium energy-efficient windows (2026), new exterior siding and gutters (2026), and a new high-efficiency air conditioning system. The home is also equipped with a high-efficiency tankless water heater, providing energy savings and endless hot water. Ideally located just minutes from Meadowvale Town Centre, restaurants, parks, scenic trails, Lake Aquitaine, Meadowvale Community Centre, schools, public transit, and major highways. Commuters will appreciate being only a short walk to the GO Bus station with direct service to downtown Toronto, plus a nearby MiWay bus stop for added convenience. This is a rare opportunity to own a beautifully updated home in one of Mississauga's most desirable family-friendly neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,309.18/mo
Includes CMHC insurance ($17,996)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Master-Planned Community Excellence
Meadowvale is one of Canada's first and most successful master-planned communities. Developed in the 1970s and 80s, the neighbourhood was designed with abundant green space, excellent schools, and a balanced mix of housing types. Today, Meadowvale remains a popular choice for families seeking affordability without sacrificing quality of life.
Why Live in Meadowvale
- •Extensive parks and trail system
- •Top-rated schools including Meadowvale Secondary
- •Diverse, multicultural community
- •Convenient shopping and services
- •Strong value proposition for families
Nearby Schools
Transit & Commuting
- •Meadowvale GO Station
- •Multiple MiWay bus routes
- •Close to Highway 401 and 403
- •15-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Meadowvale Town Centre
- •Iceland Arena
- •Meadowvale Community Centre
- •Extensive trail network
- •Multiple shopping plazas
Lifestyle & Community
Meadowvale offers excellent value with comprehensive community amenities. The neighbourhood is ideal for families seeking good schools, safe streets, and plenty of recreational opportunities.
6780 Formentera Avenue Unit Unit 53, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $538/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
About Meadowvale
I know Meadowvale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.