2818 Folkway Drive, Mississauga, ON
Property no longer active
This property was sold on February 6, 2026. 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 aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,399,900 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 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 50 x 120 ft lot
- Features a full, partially finished 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: Auto Garage Door Remote, Bar Fridge, Garburator
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Location! Location! Location! Overflowing with character & charm, this spacious 3+2 Bedroom5-Level Backsplit w/ over 2400 sq ft finished living space & exudes a Muskoka feel by fronting& backing to both the mature forests of McCauley Green & Pheasant Run, respectively. Welcome to your private resort-like backyard oasis w/ a 20'x34' inground salt water pool & cozy private sun-filled deck w/ luxurious long-life Ipe Wood deck boards & gas BBQ hookup. Inviting main floor open concept Kitchen/Dining/Living Rm, w/ H-wood, Pot Lights & Lrg Picture Windows over looking forests, is ideal for hosting gatherings of family & friends. Kitchen boasts 6'x 5' ctr island w/ breakfast bar, granite counters, beverage fridge, tons of storage, S/S appliances & Electric Wall Fireplace. Main Floor features direct garage access and Laundry/Mud Room with outside access. Primary bedroom retreat overlooks backyard/forest/pool offers 2 walk-in closets and a4-piece ensuite bath. Curl up in the cozy ground level Family Room featuring a Gas F-place w/realistic open Log Set design w/ Double French Door W-out to Backyard/Deck/Pool. Convenient Ground Floor 3rd bedroom w/ adjacent 3 Piece Bath can accommodate both Family & Guests w/minimal stairs. Finished Lower Level offers a Rec Room, Addl Bedrms, Office & tons of Flex Space/Storage. Bright partially finished 437 Sq Ft Basement (5th Lev) is a blank slate for creating add'l Living Space/Bedrms/2nd Kitchen/Gym/Office/Studio, whatever your needs. No carpets, smooth ceilings & pot lights thru-out. Never tire of exploring nature just steps away on kms of Erin Mills walk/biking trails bordering Sawmill Crk & Pheasant Run Park (w/ Splash Pad, B-ball Crt, Walking/Running Track & more). Quick Access to Hwy 403/407, Winston Churchill Transitway Stn/Carpool (Mi-Way/GO Bus) & abundance of Restaurants & Shopping options, Credit Valley Hospital & Lifetime Fitness Gym. Roof '25, Furnace/AC'20See attached List of Upgrades. Don't miss this gem surrounded by forest!
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Property Summary
This detached home located at 2818 Folkway Drive, Mississauga is currently for sale and has been available on SousaSells for 182 days. This property is listed at $1,399,900 with an estimated mortgage of $4,660* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. 2818 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
Greenbelt/Conservation, Hospital, Fenced Yard, Library, Park, Public Transit
Interior Features
Auto Garage Door Remote, Bar Fridge, Garburator, Storage, Water Heater
Security Features
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 2818 Folkway Drive, Mississauga, ON L5L 2H9
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 $1,399,900 in Mississauga, the legal minimum down payment is $279,980 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 $24,473 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 $24,473.
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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.