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Listed 2 months ago

83 - 6797 Formentera Avenue

Meadowvale, Mississauga

$569,900

Condo Townhouse |
2 | 1 | 2 | 1
About this home

Welcome to 6797 Formentera Avenue, Unit 83, a beautifully upgraded 2-bedroom, 1-bathroomtownhome in the highly sought-after Meadowvale neighbourhood. This move-in-ready home featuresa bright open-concept layout, carpet-free flooring, ample storage, a spacious kitchen pantry,garage locker storage, and a private, fully enclosed backyard with no rear neighbours.Recent upgrades include fresh paint, laminate flooring, zebra blinds, quartz countertops,updated kitchen and bathroom finishes, modern light fixtures, newer appliances, and a split A/Cunit. Upcoming condominium improvements include a new garage door, sliding patio door, frontentry door, fencing, and refreshed common hallways.Maintenance fees include Rogers high-speed internet, cable TV, water, snow removal,landscaping, and exterior maintenance. Ideally located close to schools, parks, the Meadowvale Community Centre, shopping, dining, and public transit, this home offers exceptional comfort,convenience, and low-maintenance living in a family-friendly community

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
StyleBungalow
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$487
LockerExclusive
BalconyNone
ExposureNorth East
Parking TypeAttached
Parking Spaces2
Parking FeaturesPrivate
Property Tax$2,970
mls© NumberW13495818
Listed ByCENTURY 21 PEOPLE`S CHOICE REALTY INC.
Cable TV Included
Common Elements Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,917
Property tax
$247
Heat allowance
$150
Condo fees, half counted
$243
Housing costs
$3,558 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $113,980
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,398 / mo
Cash down
$113,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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