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Erin Mills, Mississauga
$1,429,900
Nestled within Erin Mills' highly coveted Sawmill Valley community, 2332 Folkway Drive is a modernized, turnkey detached property that masterfully balances sophisticated style w/ everyday functionality. Spanning roughly 3,582 SF of total living space, this meticulously renovated 4+2bedroom, 4-bathroom home with copious natural light presents an open-concept main floor, w/ a stunning cathedral ceiling in the living room, designed for both effortless family life &upscale entertaining. The bespoke kitchen, designed w/ the amateur chef in mind, features sleek quartz countertops, premium stainless steel appliances including a 36" gas range, & an eat-in breakfast bar overlooking the lush garden. The sunny family room, complete with a gas fireplace is ideal for both quality time & casual entertaining, w/ direct double-door access to the private backyard. Upstairs, the primary bedroom serves as a unique, two-storey sanctuary anchored by a lavish, oversized spa-style ensuite bath, a large walk-in closet, and several windows, making this one of the highlights of the home. The lower level continues to impress w/a spacious rec room & above-grade windows, a sizeable home gym, and a guest bedroom complete with an ensuite bath and heated floors. Outside, you will find professionally landscaped grounds w/ a dual-zone irrigation system & treed private enclave ideal for al fresco dining. Located just steps away from top-tier schools including UTM, shopping, highways 403, 407 & QEW, the Erindale GO Station, Credit Valley Hospital, not to mention abundant walking trails &parks, this home truly has it all, and more.
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| Type | Detached |
| Style | Backsplit 5 |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,023 |
| Lot Size | 50.08 ft x 120.19 ft |
| mls© Number | W13854374 |
| Listed By | REMAX YOUR COMMUNITY REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,319
- Property tax
- $669
- Heat allowance
- $150
- Housing costs
- $8,137 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$250,000
gross annual household income
- Payment at 4%
- $6,017 / mo
- Cash down
- $285,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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