Re-listed 2 days ago

2893 Folkway Dr, Mississauga, Ontario L5L 2H2

Detached
5 + 2
7
~3000-3500 sqft
$•••,•••
$2,566,000
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Detached
5 + 2
7
~3000-3500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$794/sqft

Est. Mortgage$11,020/mo

Tax Amount (2024)$7,185/yr

Days On Market2 days

Total Days On Market80 days


Description

Welcome to 2893 Folkway Dr, a beautifully upgraded and east-facing corner-lot home in one of Mississaugas most desirable neighbourhoods. Offering over 5,000 sq. ft. of finished living space, this spacious 7-bedroom, 6-bathroom residence seamlessly blends comfort, functionality, and refined elegance.The main and upper levels feature five generously sized bedrooms and four bathrooms, with an open-concept layout filled with natural light. Rich engineered hardwood flooring, extensive custom millwork, and heated tile floors in key areas elevate the living experience. The chef-inspired kitchen includes built-in premium appliances, a waterfall island, full-height cabinetry, and designer lighting perfect for both everyday living and entertaining.The primary suite offers a peaceful retreat with a deep soaker tub, walk-in shower, double vanity, and a spacious walk-in closet. Thoughtful details and finishes continue throughout the home, creating a warm and upscale environment.The finished basement expands the homes functionality, featuring two additional bedrooms, two full bathrooms, a second kitchen, and living area ideal for a growing family, extended stays, or a private in-law suite setup.Additional highlights include a professionally landscaped backyard, interlocked wrap-around walkway, and parking for up to five vehicles (2-car garage plus extended driveway). Located close to top-rated schools, parks, trails, and major commuter routes, this home is the complete package for families seeking space, comfort, and timeless design.


Property Details

Style2-Storey
View-
Age of property-
SqFt~3000-3500 SqFt
Lot Size7,668 SqFt(110.54 x 69.37)
Parking Spaces4
MLS ®NumberW12135423
Community NameLower Erin Mills
Data SourceTRREB
Listing byRE/MAX MILLENNIUM REAL ESTATE

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Apartment, Sep Entrance

2nd Floor

2nd Br

6.1 x 5.33

3 Pc Ensuite / Fireplace / W/I Closet

5th Br

4.11 x 3.08

Large Window / W/I Closet / hardwood floor

Primary

6.1 x 5.33

5 Pc Ensuite / Fireplace / W/I Closet

4th Br

4.51 x 4.11

Large Window / Large Closet / hardwood floor


Features

Lot size: 7,668 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 2

Total parking spaces 4


Property listed by RE/MAX MILLENNIUM REAL ESTATE, Brokerage

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Market Data - Lower Erin Mills

Geo Zone Map ThumbnailLower Erin Mills

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

21 days

Compared to

2024

12 days

2023

8 days

2022

9 days

New Listings

Past 30 days

46 listings

Compared to

2024

37 listings

2023

29 listings

2022

43 listings

Units sold

Past 30 days

10 units

Compared to

2024

15 units

2023

22 units

2022

22 units

Median Sold Price

Past 30 days

$1,365,000

Compared to

2024

$1,280,000

2023

$1,303,000

2022

$1,645,000


Population and Demographics

Overview

Total population 41369
Average household income $143,772

Age (%)

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

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%

Schools and amenities

Estimated Budget