Loading neighbourhood intel…
Loading neighbourhood intel…
$555,000
DOM14days6777 Formentera Avenue · Mississauga · Ontario L5N 2M3
14 days on market
Updated 2026: new kitchen, updated bathroom, freshly painted. Low maintenance fee includes Rogers VIP cable, internet, water and parking. 3- bedroom upper unit in Meadowvale's Formentera community Updated in 2026 with a kitchen makeover, refreshed bathroom and fresh paint throughout. Combined living/dining walks out to a private open balcony. Three genuine bedrooms, primary and second both with walk-in closets plus a 4-piece bath semi ensuite and ensuite laundry. Two parking spaces (attached gar…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: ROYAL LEPAGE SIGNATURE REALTY
Source: TRREB/PROPTX · MLS® W13882216
Do you own a home in Mississauga?
Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.
Get My StreetValue™ →Monthly carrying costs, utilities, and closing cost estimates.
20%+ down — no CMHC premium
≈ $0.13/ft² × ~1,100 ft² · incl. electric heat
Electric heat — no gas service · see hydro
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $25,266 | $2,105/mo |
| Government & taxes | ||
| Property tax | $3,035 | $253/mo |
| Land transfer tax(closing) | $7,575 | $631/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $5,550 | $463/mo |
| Condo fees | ||
| Condo / HOA fees | $6,670 | $556/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $57,256 | $4,771/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.