2061 Folkway Drive, Mississauga, ON
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 $1,499,907 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.
- 4 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 47.98 x 125 ft lot
- Features a finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Prestigious Sawmill Valley Location! Warm & Inviting Home. very well maintained * Spacious Principle Rooms With Lot Of Natural Light. A Very Nice Kitchen With Breakfast Area (Granite countertops) W/O To Huge Deck W/ Panoramic gorgeous backyard view * meticulously maintained Lawn , suitable for large gatherings* Sep Living And Dining Rm & Comfortable Family Room with Fireplace option * Hardwood floor throughout the house * Prof Finished2 bedroom legal walkout Basement Appt.(for additional Income)* close to wooded area & walking trails ,schools *Min to 403 and Erin Mills city center .
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Property Summary
This detached home located at 2061 Folkway Drive, Mississauga is currently for sale and has been available on SousaSells for 294 days. This property is listed at $1,499,907 with an estimated mortgage of $4,993* per month. It has 4 beds, 4 bathrooms, and is 2000-2500 square feet. 2061 Folkway Drive, Mississauga is in the Erin Mills neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
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Parking & Garage
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Features
Property Features
Hospital, Park, School
Interior Features
Other, Central Vacuum
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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 2061 Folkway Drive, Mississauga, ON L5L 3G3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Mississauga, ON
For a property listed at $1,499,907 in Mississauga, the legal minimum down payment is $299,981 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $26,473 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $26,473.
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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.