For SaleCondo Townhouse · 2-StoreyMLS® #W14171150 · TRREB MLS®
42-6777 Formentera Ave, Mississauga, Ontario
Meadowvale, Mississauga, Ontario L5N 2M3
- Bedrooms
- 3
- Bathrooms
- 2
- Type
- Condo Townhouse
- Basement
- None
$599,900
Estimated market value
About 42-6777 Formentera Ave
42-6777 Formentera Ave is a 3-bedroom, 2-bathroom condo townhouse in Meadowvale, Mississauga, listed for sale at an asking price of $599,900 (MLS® W14171150).
Welcome to this beautifully renovated and impeccably maintained townhouse, where modern style, thoughtful design, and everyday functionality come together seamlessly. Nestled in one of West Mississauga's most desirable communities, this sophisticated 3-bedroom, 2-bathroom home offers an exceptional lifestyle for professionals, young families, and discerning Buyer. Step inside to a bright and inviting interior featuring freshly painted walls, elegant laminate flooring, and a spacious open-concept living and dining area designed for both refined entertaining and comfortable everyday living. Large windows fill the space with natural light, while the walkout leads to a private, fully fenced backyard with a finished interlocking patio an ideal setting for morning coffee, summer gatherings, or quiet evenings outdoors. The thoughtfully renovated kitchen is both stylish and functional, featuring quartz countertops, contemporary backsplash, stainless steel appliances, ample cabinetry, and a convenient walk-in pantry. A perfect space for preparing meals while staying connected with family and guests. Upstairs, the generously proportioned bedrooms provide a peaceful retreat, including an oversized primary bedroom with a large window. Two additional spacious bedrooms offer excellent flexibility for a growing family, home office, or guest suite and a spacious laundry/storage room. Additional highlights include upgraded bathrooms, a welcoming foyer, garage parking. Enjoy the convenience of an exceptional location with easy access to the GO Station, Highways 401, 403 & 407, premier shopping, schools, parks, recreation facilities, and the natural beauty of Lake Aquitaine. A rare opportunity to enjoy refined, move-in-ready living in a highly sought-after West Mississauga neighbourhood. Stylish, spacious, and exceptionally well located.
Insights
Condition Score
Good2 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$673,762/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 54 condos with 3 bedrooms for lease in Mississauga right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $3,277 / 2025
- MLS® number
- W14171150
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- 31-50
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Attached, 2 Parking
Listing history
Buy/sell history for 42-6777 Formentera Ave, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
Dates and closing prices are shown to signed-in members.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $599,900 | — | For Sale | W14171150 |
Members see the full history. Prices are hidden from signed-out visitors.
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 Kishan Patel for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- Meadowvale
- Municipality
- Mississauga
Building
- Size
- 1200-1399 sqft
- Building Age
- 31-50
- Construction
- Alum Siding
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 2pc Main, 1 × 4pc 2nd
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Cooling
- None
- Heating Type
- Baseboard
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- FRIDGE, STOVE, DISHWASHER, WASHER, DRYER, ELECTRIC LIGHT FIXTURES, WINDOW COVERINGS, PORTABLE AIR CONDITIONER IN PRIMARY
- Condo maint.
- $674,052
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.55 × 5.5 m | Open Concept, W/O To Patio, Laminate | Main |
| Dining | 2.7 × 3.65 m | Large Window, Laminate, Combined W/Living | Main |
| Kitchen | 2.7 × 3.9 m | Stainless Steel Appl, Pantry, Laminate | Main |
| Primary | 3.4 × 5.3 m | W/I Closet, Large Window, Laminate | 2nd |
| 2nd Br | 2.9 × 5.2 m | Laminate, Window | 2nd |
| 3rd Br | 2.9 × 3.5 m | Laminate, Window | 2nd |
Map and tour
Condos for sale in Meadowvale right now
- For sale now
- 30
- Median asking price
- $622K
Middle half: $599K to $679K
This home is asking 4% 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.
Land transfer tax on this home
- Ontario land transfer tax
- $8,473
- Total land transfer tax
- $8,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $4,473
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 $599,900
- $3,998
- Ontario total
- $8,473
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
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 | 850 m | 80%Grade 6 average |
| Plum Tree Park Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 900 m | 83%Grade 6 average |
| ÉÉC Ange-GabrielConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 4 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 |
| West Credit Secondary SchoolPeel DSB | Public · grades 9–12 | 1.2 km | 21%Grade 9 math |
| Our Lady of Mount Carmel Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 1.4 km | 62%Grade 9 math |
| ÉSC Sainte-FamilleConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 3.5 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.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Meadowvale GO | GO Transit train: Milton | 1.5 km |
| Lisgar GO | GO Transit train: MiltonBrampton Transit bus rapid transit: Züm Steeles | 2.2 km |
| Argentia / Steeles | Brampton Transit bus rapid transit: Züm Steeles | 2.3 km |
| Winston Churchill / Steeles | Brampton Transit bus rapid transit: Züm Steeles | 3.8 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.
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.
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
- $119,980
- Total mortgage amount
- $479,920
- Total interest payment
- $341,180
- Total purchase cost
- $941,080
- Mortgage payment
- $2,737/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$677,062- Rent $3,300
- Shortfall $673,762
Rental income opens at $3,300, the median asking rent of 54 comparable homes for lease in Mississauga. Type over it with the rent you expect. This is a planning tool, not advice.
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Sold prices in Meadowvale are shown to signed-in members.