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Listed 11 days ago

8 - 6780 Formentera Avenue

Meadowvale, Mississauga

$599,000

Condo Townhouse |
3 | 2 | 2 | 0
About this home

Bright And Beautifully Updated 3-bed 2 bath with Finished walkout basement Townhouse In The Desirable Meadowvale Community, Just Minutes From Meadowvale Go Station. This Home Features A Modern White Kitchen With Quartz Countertops And Stainless Steel Appliances, Along With Hardwood Flooring On Both The Main And Second Levels. The Living Room Boasts Soaring Ceilings And A Walkout To A Private Balcony-perfect For Enjoying Your Morning Coffee. The Home Also Offers Updated Washrooms And A Walkout Basement Leading To A Private Patio, Providing Multiple Outdoor Spaces For Relaxation And Entertaining. Upstairs, The Spacious Primary Bedroom Includes His-and-her Closets, Complemented By Two Additional Well-sized Bedrooms. Conveniently Located Within Walking Distance To Parks, Schools, Shopping, Scenic Trails, And Close To Major Highways For Easy Commuting. Family Friendly Neighborhood. A Must-see Home In A Prime Location! Stainless Steel Appliances: Refrigerator, Stove, Dishwasher. Washer & Dryer, Garage Door Opener. Heat Pump.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$752
LockerNone
BalconyOpen
ExposureNorth
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesPrivate
Property Tax$3,546
mls© NumberW13602108
Listed ByRE/MAX REALTY SPECIALISTS INC.
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.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,066
Property tax
$296
Heat allowance
$150
Condo fees, half counted
$376
Housing costs
$3,887 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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