Re-listed 12 days ago

2893 Folkway Dr, Mississauga, Ontario L5L 2H2

Detached
5 + 2
7
~3000-3500 sqft
$•••,•••
$2,449,000
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Detached
5 + 2
7
~3000-3500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$758/sqft

Est. Mortgage$10,517/mo

Tax Amount (2024)$7,185/yr

Days On Market12 days

Total Days On Market126 days


Description

2893 Folkway Dr Is A Refined Blend Of Luxury, Thoughtful Design, And Family Functionality Located On A Premium East-Facing 70-Ft Wide Lot In A Mature Erin Mills Neighbourhood. Offering Over 4500 Sq. Ft Of Living Space, This Home Has Been Reimagined With Timeless Materials And Detail-Rich Craftsmanship To Provide Both Comfort And Long-Term Value. The Open-Concept Layout Features Wide-Plank Engineered Hardwood, Custom Millwork, Heated Tile Flooring In Key Areas, And Built-In Ceiling Speakers. The Chef-Inspired Kitchen Serves As A Stunning Centrepiece With Premium JennAir Built-In Appliances, Quartz Waterfall Island, Elegant Lighting, And Sleek Custom Cabinetry. Upstairs Boasts Five Spacious Bedrooms Including A Serene Primary Retreat With Spa-Style Ensuite, Deep Soaker Tub, Glass Shower, And A Professionally Finished Walk-In Closet With Integrated Lighting. Designer Bathrooms Showcase Upscale Fixtures, Custom Vanities, And High-End Tile Finishes. The Fully Finished, Legal Walk-Up Basement With Private Entrance Offers A Second Kitchen, Two Bedrooms, Two Full Bathrooms, And Excellent Rental Potential, Ideal For In-Laws, Extended Family, Or Income Generation. Major Systems Including Heating, Cooling, Plumbing, Ducting, And Insulation Have Been Upgraded For Enhanced Comfort, Efficiency, And Long-Term Reliability. Tankless Water Heaters Have Also Been Added For On-Demand Hot Water And Energy Savings. The Exterior Includes A Landscaped Yard, Interlocked Wraparound Walkway, New Stucco, Premium Modern Siding Facade, Fence And A Wide Driveway With Parking For 3 Cars Plus A 2-Car Garage, Along With 60 AMPS EV Charger Outlet. Conveniently Located Near Top-Rated Schools, Parks, Trails, Shopping, And Highways.


Property Details

Style2-Storey
View-
Age of property-
SqFt~3000-3500 SqFt
Lot Size7,668 SqFt(110.54 x 69.37)
Parking Spaces5
MLS ®NumberW12220102
Community NameLower Erin Mills
Data SourceTRREB
Listing byRE/MAX MILLENNIUM REAL ESTATE

Features

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

Main Floor

Kitchen

2.773 x 6.675

B/I Appliances / Quartz Counter / Heated Floor

Dining

4.721 x 4.541

O/Looks Backyard / Large Window / Built-In Speakers

Living

4.206 x 4.998

O/Looks Backyard / Large Window / Built-In Speakers

Family

7.406 x 5.212

Gas Fireplace / hardwood floor / Large Window


Features

Lot size: 7,668 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 3

Total parking spaces 5


Property listed by RE/MAX MILLENNIUM REAL ESTATE, 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

19 days

Compared to

2024

16 days

2023

7 days

2022

10 days

New Listings

Past 30 days

56 listings

Compared to

2024

47 listings

2023

42 listings

2022

59 listings

Units sold

Past 30 days

19 units

Compared to

2024

20 units

2023

41 units

2022

26 units

Median Sold Price

Past 30 days

$1,250,000

Compared to

2024

$1,422,500

2023

$1,417,500

2022

$1,537,500


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget