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Re-listed 32 days ago

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 Market32 days

Total Days On Market58 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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Price changeActive
$•••,•••
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Re-listed
$•••,•••
32 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

13 days

Compared to

2024

22 days

2023

12 days

2022

7 days

New Listings

Past 30 days

45 listings

Compared to

2024

23 listings

2023

23 listings

2022

53 listings

Units sold

Past 30 days

19 units

Compared to

2024

25 units

2023

19 units

2022

25 units

Median Sold Price

Past 30 days

$1,200,100

Compared to

2024

$1,575,000

2023

$1,368,258

2022

$1,688,000


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