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    Meadowvale West

    6777 Formentera Avenue & 6797 Formentera Avenue

    6777 Formentera Avenue Townhomes
    1for Sale
    0for Rent

    Building Highlights

    Property Type:

    Townhouse

    Number of Storeys:

    2

    Number of Units:

    103

    Condo Completion:

    1977

    Condo Demand:

    Low

    Unit Size Range:

    880 - 1,381 SQFT

    Unit Availability:

    Low

    Property Management:

    Duka Property Management Inc.

    Amenities

    Visitor Parking
    Indoor Parking
    BBQs Allowed

    About 6777 Formentera Avenue — 6777 Formentera Avenue Townhomes

    Property description coming soon

    Maintenance Fees

    Included in Fees
    None
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Listing History for 6777 Formentera Avenue Townhomes

    Feb 24, 2025 • 40 days on Strata
    terminated
    $699,000
    6 - 6777 Formentera Ave
    3
    2
    2
    1200 - 1399 Sqft
    Jan 16, 2025 • 93 days on Strata
    expired
    $699,000
    6 - 6777 Formentera Ave
    3
    2
    1
    1200 - 1399 Sqft
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    1

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    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.
    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,764
    Average Individual Income
    $66,161
    Average Household Size
    2 persons
    Average Age
    42
    Average Household Income
    $112,187
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    19%
    50 - 64
    21%
    65+
    20%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    27%
    $60,000+
    17%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Semi Detached
    37%
    Detached
    31%
    High Rise Apartment
    18%
    Low Rise Apartment
    7%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    90%
    Spanish
    2%
    Mandarin
    2%
    Cantonese
    2%
    Portuguese
    1%
    Tagalog
    1%
    Hindi
    1%
    Urdu
    1%
    Education
    University and Above
    31%
    High School
    29%
    College
    17%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    18%
    Health & Related Fields
    13%
    Social Sciences
    12%
    Math & Computer Sciences
    6%
    Education
    5%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Humanities
    3%
    Visual & Performing Arts
    3%

    Building Trends At 6777 Formentera Avenue Townhomes

    Days on Strata

    Units at 6777 Formentera Avenue Townhomes spend an average of
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Meadowvale West

    Turnover of Units

    On average, each unit is owned for
    15.7
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 44 condos in the Meadowvale West area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    6777 Formentera Avenue Townhomes offers the
    ?
    best value out of 44 condos in the Meadowvale West neighbourhood

    Appreciation Rank

    6777 Formentera Avenue Townhomes has the
    ?
    highest ROI out of 44 condos in the Meadowvale West neighbourhood

    Rental Yield

    6777 Formentera Avenue Townhomes yields the
    ?
    highest rent prices out of 44 condos in the Meadowvale West neighbourhood

    High Demand

    6777 Formentera Avenue Townhomes is the
    ?
    most popular building out of 44 condos in the Meadowvale West neighbourhood

    Market Insights

    Transaction Insights at 6777 Formentera Avenue Townhomes

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$569,000$650,000No DataNo Data
    Avg. Cost Per Sqft$580$669No DataNo Data
    Avg. Wait for Unit Availability159 Days2210 Days49 Days2955 Days
    Ratio of Units in Building16%1%79%5%

    Market Inventory

    Total number of units listed and sold in Meadowvale West