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New2 hours ago

18 - 6777 Formentera Avenue

Meadowvale, Mississauga

$635,000

Condo Townhouse |
3 | 2 | 2 | 1
About this home

Beautiful, Spacious & Beautifully Renovated Townhouse with a Functional Layout!This well-maintained home features fresh paint and a bright open-concept living and dining area enhanced with pot lights. Walk out to a private, fully fenced backyard with interlocking patio-perfect for relaxing or entertaining.The upgraded kitchen boasts quartz countertops, pantry & a stylish backsplash. The oversized primary bedroom offers a walk-in closet and a semi-ensuite for added comfort and convenience.Ideally located close to the GO Station, shopping, schools, parks, and all essential amenities. A move-in-ready home in a fantastic location-don't miss this exceptional opportunity!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$675
LockerEnsuite
BalconyNone
ExposureWest
Parking TypeAttached
Parking Spaces2
Parking FeaturesPrivate
Property Tax$3,449
mls© NumberW13651884
Listed ByCENTURY 21 GREEN 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.

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%
$3,250
Property tax
$287
Heat allowance
$150
Condo fees, half counted
$337
Housing costs
$4,025 / mo

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

Down payment20% · $127,000
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,672 / mo
Cash down
$127,000

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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