4 hours on Market

2545 Folkway Dr, Mississauga, Ontario L5L 2J9

Detached
4 + 1
4
~1500-2000 sqft
$1,299,900
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Detached
4 + 1
4
~1500-2000 sqft

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Highlights

Property Estimate

Days on market4 hours

Estimated valueNot available

Price/Sqft$758/sqft

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Description

Welcome to this beautifully renovated 4+1 bedroom home in the highly desirable Erin Mills community, offering a perfect blend of modern upgrades, functional living space, and future income potential. Step into a bright and spacious layout featuring a separate living room, stylish laminate flooring throughout, elegant pot lights, and upgraded light fixtures that create a warm and contemporary feel. The renovated kitchen is a standout, complete with granite countertops and stainless steel appliances, ideal for both everyday living and entertaining. A major highlight of this property is the approved work permit for a legal 2 bedroom basement apartment with a separate side entrance, providing an excellent opportunity for additional rental income or multi-generational living. The finished basement currently offers one bedroom, a spacious recreation room with a wet bar and bright wide windows, ready for your customization. Enjoy outdoor living in the large private backyard featuring a hot water inground pool and backing onto peaceful green space, offering privacy and a serene setting. The property also features a Vented Modular Garage Floor, adding functionality and durability to the garage space. Located close to top amenities including Erin Mills Town Centre, Credit Valley Hospital, and University of Toronto Mississauga, as well as walking trails, parks, and easy access to Highway 403. This move-in ready home is perfect for families, investors, or buyers seeking space, style, and long-term value in a prime Mississauga location. Book your private showing today!


Property Details

Style2-Storey
View-
Age of property31-50
SqFt~1500-2000 SqFt
Lot Size7,146 SqFt(150 x 47.64)
Parking Spaces6
MLS ®NumberW13028878
Community NameLower Erin Mills
Data SourceTRREB
Listing byRE/MAX REALTY SERVICES INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Main Floor

Dining

3.11 x 2.93

Ceramic Floor / Pot Lights / W/O To Yard

Living

5.35 x 3.37

Laminate / Pot Lights / Window

Kitchen

3.68 x 3.38

Quartz Counter / Stainless Steel Appl / Pot Lights

Family

4.66 x 3.17

Laminate / Pot Lights / Window


Features

Lot size: 7,146 SqFt
Pool: Inground

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 4

Total parking spaces 6


Property listed by RE/MAX REALTY SERVICES INC., Brokerage
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Market Data - Lower Erin Mills

Geo Zone Map ThumbnailLower Erin Mills

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

53 days

Compared to

2025

14 days

2024

22 days

2023

12 days

New Listings

Past 30 days

29 listings

Compared to

2025

46 listings

2024

23 listings

2023

23 listings

Units sold

Past 30 days

12 units

Compared to

2025

20 units

2024

25 units

2023

19 units

Median Sold Price

Past 30 days

$1,235,000

Compared to

2025

$1,190,494

2024

$1,575,000

2023

$1,368,258


Population and Demographics

Overview

Total population 41369
Average household income $143,772

Age (%)

0 to 19
20%
20 to 34
19%
35 to 49
17%
50 to 64
22%
65 and plus
21%

Household composition (%)

Single family
76%
Single person
20%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
66%
Polish
5%
Mandarin
4%
Arabic
4%
Urdu
4%
Others
3%
Tagalog (Pilipino, Filipino)
3%
Spanish
2%
Yue (Cantonese)
2%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
78%
Renters
22%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget