2502 Folkway Drive, Mississauga, ON

$999,000
MLS#:W13718346
6 beds
4 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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Added:Aug 27, 2026(1 day ago)
Updated:Aug 28, 2026(today)
Last Checked:23 minutes ago

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 $999,000 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.

  • 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 50.09 x 120.21 ft lot
  • Features a apartment, finished, separate entrance 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: Carpet Free, Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Beautiful 4+2 Bedroom Family Home Nestled In The Desirable Erin Mills Neighborhood! Many Improvements Over The Years . ''Versatile basement with entertainment area plus a separate section renovated in 2024 featuring 2 bed+1 Bathroom, modern kitchen, private laundry & separate entrance. Great potential for extended family or additional rental income! "Hardwood Floor. Smooth Ceiling. Plenty of Pot lights. Modern Kitchen With Granite Counter Tops, A Large Breakfast Area Which Overlooks The In Ground Pool. Fantastic Spacious Open Concept Layout With Plenty Of Space To Entertain Family & Friends. Spacious Master Bedroom Featuring Lots Of Closet Space & A 3Pc En Suite Bath .Family Oriented Community Just Steps From Trails, Parks, Schools & Transit. Nearby Pheasant Run Park With Its Splash Pad, Skating Rink, Soccer Fields & Basketball Court Is Just Steps Away. Close To Credit Valley Hospital, Erin Mills Town Centre, Clarkson & Erindale Go Stations. Easy Access To Hwys. 403, 407 & Qew. Five Minutes Drive To the U Of T Mississauga. Don't Miss This Opportunity. Please Check It Out.

Upcoming Open Houses

Saturday, September 5, 20262:00 PM - 4:00 PMPublic
Sunday, September 6, 20262:00 PM - 4:00 PMPublic
Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This detached home located at 2502 Folkway Drive, Mississauga is currently for sale and has been available on SousaSells for 1 day. This property is listed at $999,000 with an estimated mortgage of $3,325* per month. It has 6 beds, 4 bathrooms, and is 2000-2500 square feet. 2502 Folkway Drive, Mississauga is in the Erin Mills neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 6 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Erin Mills, Mississauga.

Highly Recommended for Families
What We Love About This Home
  • •6 spacious bedroom layout offering versatile living space
  • •4 well-appointed bathrooms
  • •2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Erin Mills, Mississauga.

Target Buyer Match

Key Features

Bedrooms
6
Bathrooms
4
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedAug 27, 2026 (1 day ago)
UpdatedAug 28, 2026 (today)
Last Checked23 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementApartment, Finished, Separate Entrance
Lot Size50.09 Ă— 120.21 Feet
CountyPeel
Annual Tax$8,235.41
Legal DescriptionPcl 619-1, Sec M122, S/T A Right As In Lt155378

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Carpet Free
  • Auto Garage Door Remote

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 2502 Folkway Drive, Mississauga, ON

Q.What is the asking price for 2502 Folkway Drive, Mississauga, ON ?

The current listing price for 2502 Folkway Drive, Mississauga, ON in Erin Mills, Mississauga is $999,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 6 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 2502 Folkway Drive, Mississauga, ON ?

2502 Folkway Drive, Mississauga, ON is a Detached (2-Storey) featuring a Apartment, Finished, Separate Entrance basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Auto Garage Door Remote.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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2502 Folkway Drive, Mississauga, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Erin Mills, Mississauga

SAFETY RATING8.9 / 10
Low Incident Area
Total Annual Incidents127 incidents / yr
Average Per Month10.6 incidents / mo
Population Benchmark42,000 residents
Personal Safety
Very Low

45 assaults (107.1/100k)

Property Security
Very Low

22 B&E (52.4/100k)

Auto Theft Risk
Moderate

32 thefts (76.2/100k)

1-Year Trend
â–Ľ 4%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Peel Regional Police (PRP) Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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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 2502 Folkway Drive, Mississauga, ON L5L 2J6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

Configure Loan Settings

Interest Rate4.00%
Down Payment$299,700 (30.0%)
* Minimum Canadian down payment required for this price is $74,900.
Amortization Period30 Years
Estimated Monthly Payment$3,325Based on a loan of $699,300 over 30 years.
Purchase Price$999,000
Loan Amount$699,300
Provincial Land Transfer Tax:$16,455
Total Estimated Closing Taxes:$16,455

About Purchasing a Home in Mississauga, ON

For a property listed at $999,000 in Mississauga, the legal minimum down payment is $74,900 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 $16,455 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 $16,455.

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Erin Mills, Mississauga Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Erin Mills, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,100,245

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Best Schools in Erin Mills, Mississauga

Elementary Schools

St Clare
Public4140 Glen Erin Drive, Erin Mills, Mississauga, Ontario, L5L 2Z3
7.6
St Margaret of Scotland
Public2266 Council Ring Road, Erin Mills, Mississauga, Ontario, L5L 1C1
6.2
St Mark
Public3675 Sawmill Valley Drive, Erin Mills, Mississauga, Ontario, L5L 2Z5
8.7
Saint-Jean-Baptiste
Public1910 Broad Hollow Gate, Erin Mills, Mississauga, Ontario, L5L 3T4
7.1
Christ The King
Public3240 Garthwood Road, Erin Mills, Mississauga, Ontario, L5L 5A3
5.6

Secondary Schools

Loyola
Public3566 Ridgeway Drive, Erin Mills, Mississauga, Ontario, L5L 2B1
7.0
St. Aloysius Gonzaga
Catholic2800 Erin Centre Boulevard, Central Erin Mills, Mississauga, Ontario, L5M 6R5
7.7

Erin Mills, Mississauga Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.

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