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13 days on Market

2893 Folkway Dr, Mississauga, Ontario L5L 2H2

Detached
5 + 2
7
~3500-5000 sqft
$2,688,000
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Detached
5 + 2
7
~3500-5000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$653/sqft

Est. Mortgage$11,544/mo

Tax Amount (2024)$7,185/yr

Days On Market13 days


Description

A generous 5,000 sq. ft. of living space for ultimate comfort, located in one of Mississauga's most sought-after neighborhoods, EAST facing this stunning home blends comfort, functionality, and elegance, featuring extensive millwork throughout. With five bedrooms and four bathrooms, the open-concept layout exudes warmth and sophistication, with natural light streaming through windows onto rich engineered floors. The gourmet kitchen boasts built-in high-end appliances, custom cabinetry, a large waterfall island, and statement lighting. Heated tile flooring adds luxury to the main floor and upstairs bathrooms. The primary suite offers a spacious layout, a spa-like ensuite with a walk-in shower, and deep soaking tub. The finished basement provides versatile space, including a sound-proofed self-contained unit with a separate entrance, kitchen, living area, two bedrooms, and two bathrooms. A professionally landscaped backyard and an interlocked wrap-around house walkway complete this exquisite property.


Property Details

Style2-Storey
View-
Age of property31-50
SqFt~3500-5000 SqFt
Lot Size7,668 SqFt(110.54 x 69.37)
Parking Spaces4
MLS ®NumberW12027583
Community NameLower Erin Mills
Data SourceTRREB
Listing byRE/MAX MILLENNIUM REAL ESTATE

Features

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

Main Floor

Family

7.07 x 5.03

Gas Fireplace / hardwood floor / Large Window

Dining

7.93 x 3.72

Combined W/Living / Access To Garage / O/Looks Backyard

Kitchen

6.25 x 3.11

B/I Appliances / Quartz Counter / Heated Floor


Features

Lot size: 7,668 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 2

Total parking spaces 4


Property History

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Listed
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13 days on market
history photo preview50
Listing by trreb®
Property listed by RE/MAX MILLENNIUM REAL ESTATE, Brokerage

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Market Data - Lower Erin Mills

Geo Zone Map ThumbnailLower Erin Mills

Seller'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

17 days

Compared to

2024

22 days

2023

12 days

2022

7 days

New Listings

Past 30 days

29 listings

Compared to

2024

16 listings

2023

22 listings

2022

29 listings

Units sold

Past 30 days

10 units

Compared to

2024

8 units

2023

18 units

2022

25 units

Median Sold Price

Past 30 days

$1,250,000

Compared to

2024

$1,290,000

2023

$1,317,500

2022

$1,660,000


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