2822 Folkway Drive, Mississauga, ON
Property no longer active
This property was sold on October 21, 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 $900,000 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.
- 5 Bedrooms and 2 Bathrooms
- Premium 50.09 x 120.21 ft lot size
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Fronting to the mature trees of McCauley Green Park, this spacious 3 +2 Bedroom Detached 5-LevelBacksplit is awaiting your special touches. Uniquely featuring soaring vaulted ceilings in Kitchen &Dining Room, Twin Skylights flood natural light into Open Concept Dining Room, Stairway & Upper Landing. Dining Room features H-wood floors and large Living Room Bay Window overlooks mature trees, patio & pond (as is) in backyard. Curl up in the Family Room by the Wood-burning Fireplace. Never tire of exploring nature on miles of Erin Mills walking/biking trails bordering Sawmill Creek &Pheasant Run Park (w/ Splash Pad, Basketball Court, Walking/Running Track, Soccer Fields & Natural Ice Rink) just steps away. Minutes to Hwy 403/407, Winston Churchill Transitway Station/Carpool lot(Mi-Way/GO Bus) and abundance of Restaurants & Shopping options, and nearby Schools & Credit Valley Hospital. Furnace/AC approx '10 Roof approx '17. Unleash your imagination and make this wonderful home your own.
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Property Summary
This detached home located at 2822 Folkway Drive, Mississauga is currently for sale and has been available on SousaSells for 662 days. This property is listed at $900,000 with an estimated mortgage of $2,996* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 2822 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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Features
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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 2822 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 $900,000 in Mississauga, the legal minimum down payment is $65,000 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 $14,475 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 $14,475.
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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.