2291 Folkway Drive, Mississauga, ON
Property no longer active
This property was sold on October 22, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Backsplit 5 detached located in the coveted neighborhood of Erin Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,450,000 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 3 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 44.61 x 123.04 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Storage, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover The Best Of Sawmill Valley Living In This Gorgeous 5-Level Side Split, Set On An Extra-Wide Lot Surrounded By Beautiful Landscaping And Mature Trees. This Spacious Home, With A Brick Exterior, Offers Over 3,000 Sq Ft Of Thoughtfully Designed Living Space With 4 Large Bedrooms And 3 Bathrooms. The Primary Bedroom Features A 5-Piece Ensuite Bath, A Massive Walk-In Closet, And A Separate Sitting Area, Making It A True Private Retreat. The Open-Concept Main Level Boasts An Inviting Living And Dining Area With Hardwood Floors And An Electric Fireplace Ideal For Cozy Evenings And Social Gatherings Alike. The Two Finished Lower Levels Add Flexibility And Functionality With A Guest Suite, A Bathroom, A Spacious Recreational Area, And Plenty Of Storage Space. Step Outside To A Backyard Oasis, Complete With A Fenced Yard, A Huge Deck, And An Inground Pool, Ready To Be Restored To Its Full Potential. Whether You're Hosting Friends Or Enjoying A Quiet Moment, This Home Offers A Blend Of Comfort And Style. Close To Hospital, Parks, Schools, Shopping, Transit, School Bus, And Major Roads, This Property Is Perfectly Situated For Both Convenience And Serenity. Don't Miss Out On Making This Exceptional Home Yours!
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Property Summary
This detached home located at 2291 Folkway Drive, Mississauga is currently for sale and has been available on SousaSells for 641 days. This property is listed at $1,450,000 with an estimated mortgage of $4,827* per month. It has 4 beds, 3 bathrooms, and is 2500-3000 square feet. 2291 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
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Hospital, Park, School, School Bus Route, Public Transit
Interior Features
Storage, Water Heater
Security Features
Smoke Detector
Community Features
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Location
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 2291 Folkway Drive, Mississauga, ON L5L 3C5
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 $1,450,000 in Mississauga, the legal minimum down payment is $290,000 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 $25,475 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 $25,475.
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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.