53-6780 Formentera Ave
Meadowvale, Mississauga, Ontario L5N 2L1
- Bedrooms
- 3+1
- Bathrooms
- 2
- Size
- 1,200–1,399sq ft
- Per sq ft
- $477at the range’s middle
- Tax a year
- $3,5152025 tax year
- Parking
- 21 attached
- Days on market
- Members
The brief
About 53-6780 Formentera Ave
53-6780 Formentera Ave is a 3+1-bedroom, 2-bathroom condo townhouse in Meadowvale, Mississauga, listed for sale at an asking price of $619,500 (MLS® W13778452).
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 as a home office, recreation room, gym, or guest suite, complete with a powder room and separate laundry.Lovingly maintained, 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.
Insights
Condition Score
Good81/1004 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even50/100−$373/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 7 homes with 4 bedrooms for lease in Meadowvale right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,515 / 2025
- MLS® number
- W13778452
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Attached, 2 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- Meadowvale
- Municipality
- Mississauga
Building
- Size
- 1200-1399 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc, 1 × 2pc
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Cooling
- Wall Unit
- Heating Type
- Baseboard
Additional
- Fireplace
- No
- Den
- Yes
- Family room
- Yes
- Condo maint.
- $753
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 53-6780 Formentera Ave, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $619,500 | N/A | Pc | W13778452 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $123,900
- Total mortgage amount
- $495,600
- Total interest payment
- $352,500
- Total purchase cost
- $972,000
- Mortgage payment
- $2,827/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
31%Monthly carrying cost
$3,873- Rent $3,500
- Shortfall $373
Rental income opens at $3,500, the median asking rent of 7 comparable homes for lease in Meadowvale. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $8,865
- Total land transfer tax
- $8,865
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $4,865
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $619,500
- $4,390
- Ontario total
- $8,865
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The market
Condos for sale in Meadowvale right now
- For sale now
- 29
- Median asking price
- $630K
- New in 7 days
- 3
- Price cuts
- 28%
Middle half: $600K to $690K
13 in 28 days
8 listings
This home is asking 2% below the median.
See all homes in MeadowvaleAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Meadowvale GO | GO Transit train: Milton | 1.6 km |
| Lisgar GO | GO Transit train: MiltonBrampton Transit bus rapid transit: Züm Steeles | 2.1 km |
| Argentia / Steeles | Brampton Transit bus rapid transit: Züm Steeles | 2.2 km |
| Winston Churchill / Steeles | Brampton Transit bus rapid transit: Züm Steeles | 3.7 km |
| Heritage / Steeles | Brampton Transit bus rapid transit: Züm Steeles | 4.1 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Shelter Bay Public SchoolPeel DSB | Public · grades JK–6 | 250 m | 72%Grade 6 average |
| St John of the Cross SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 750 m | 80%Grade 6 average |
| Plum Tree Park Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 750 m | 83%Grade 6 average |
| ÉÉC Ange-GabrielConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 4.1 km | 80%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Meadowvale Secondary SchoolPeel DSB | Public · grades 9–12 | 800 m | 52%Grade 9 math |
| Our Lady of Mount Carmel Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 1.3 km | 62%Grade 9 math |
| West Credit Secondary SchoolPeel DSB | Public · grades 9–12 | 1.4 km | 21%Grade 9 math |
| ÉSC Sainte-FamilleConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 3.6 km | 67%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Meadowvale are shown to signed-in members.