1992 Folkway Drive, Mississauga, ON

$1,338,800
MLS#:W12752592
5 beds
4 baths
2000-2500 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Erin Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,338,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 50.13 x 120.32 ft lot
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome To 1992 Folkway Drive - A Well-Maintained 4-Bedroom Detached Home In The Highly Desirable Sawmill Valley Community Of Erin Mills! Situated On A Quiet, Tree-Lined Street In One Of Mississauga's Most Established Family Neighbourhoods, This Home Offers Space, Comfort & Exceptional Convenience. The Main Floor Features Spacious Living & Dining Areas Ideal For Entertaining, A Bright Family Room Overlooking The Private Backyard, And A Functional Family-Sized Kitchen With Ample Cabinetry And Breakfast Area. Large Windows Fill The Home With Natural Light. Upstairs Offers Four Generously Sized Bedrooms, Including A Spacious Primary Retreat With Walk-In Closet And Private Ensuite. The Finished Basement Provides Additional Living Space Perfect For A Recreation Room, Home Office Or Guest Area. Located In A great School District And Just Minutes To The University Of Toronto Mississauga Campus, Credit Valley Hospital, Erin Mills Town Centre, Parks, Trails & Transit. Quick Access To Hwy 403, 407 & QEW Makes Commuting Easy. A Fantastic Opportunity To Own In One Of Mississauga's Most Sought-After Communities!

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 5, 2026
Sold price information is available to members only
Listed Date2/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size50.13 × 120.32 Feet
CountyPeel
Annual Tax$7,898.72
Legal DescriptionPCL 18-1, SEC M244 ; LT 18, PL M244 , T/W PT LT 19, REGISTRAR'S COMPILED PLAN 1003, PTS 26 & 32, 43R5606 AS IN 153219VS; T/W PT LTS 29 & 32, REGISTRAR'S COMPILED PLAN 1003, PTS 27, 28, 29, 30, 31, 33, 34, 35, 36, 37 & 38, 43R5606 AS IN 371576VS; S/T A RIGHT AS IN LT310809 ; S/T LT209610 MISSISSAUGA

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Fenced Yard

Community Features

Location

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1992 Folkway Drive, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1992 Folkway Drive, Mississauga, ON L5L 3G8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,071,040
Monthly Mortgage$6,223
Property Tax (Est.)$658
Utilities & Maint.$350
Total Monthly Cost$7,231

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Mississauga.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Erin Mills, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,139,333

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

St Clare
Public4140 Glen Erin Drive, Erin Mills, Mississauga, Ontario, L5L 2Z3
7.6
St Margaret of Scotland
Public2266 Council Ring Road, Erin Mills, Mississauga, Ontario, L5L 1C1
6.2
St Mark
Public3675 Sawmill Valley Drive, Erin Mills, Mississauga, Ontario, L5L 2Z5
8.7
All Saints
Public4105 Colonial Drive, Erin Mills, Mississauga, Ontario, L5L 4E8
6.2
Christ The King
Public3240 Garthwood Road, Erin Mills, Mississauga, Ontario, L5L 5A3
5.6

Secondary Schools

Loyola
Public3566 Ridgeway Drive, Erin Mills, Mississauga, Ontario, L5L 2B1
7.0
St. Aloysius Gonzaga
Catholic2800 Erin Centre Boulevard, Central Erin Mills, Mississauga, Ontario, L5M 6R5
7.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.