2766 Folkway Drive, Mississauga, ON

$859,000
MLS#:W12095374
3 beds
3 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Erin Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $859,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Fully Updated, Move-In Ready Townhome! Nestled In The Charming Pheasant Run Neighborhood, This Enclave Of Homes Offers The Perfect Blend Of Tranquility And Convenience. Residents Enjoy Easy Access To Major Highways, Shopping Centers, Hospitals, And All Modern-Day Amenities, Ensuring A Comfortable And Connected Lifestyle. At The Heart Of This Home, The Kitchen Has Been Beautifully Remodeled. Showcasing New Cabinetry, Granite Countertops Accented By A Mosaic Backsplash, And High Efficiency Stainless Steel Appliances. Host Family Gatherings And Dinner Parties In The Open-Concept Living And Dining Area, Highlighted By The Inviting Warmth Of Laminated Floors And Recessed Pot Lights. The Spacious Master Bedroom Features A Walk-In Closet And An Updated 2-Piece Ensuite. Two Additional Bedrooms Offer Oversized Closets, And The Main Bathroom Features A Soaker Tub And Has Been Renovated With A Modern Flair. Fully Finished Basement Boasting A Spacious Recreation Room Perfect For Entertaining, Complemented By A Generous Storage Closet And Convenient Laundry Facilities Complete With A Sink. The Backyard Offers Scenic Views Of The Tree-Lined Common Grounds, And The Property Boasts Professionally Finished Front Walkway And Backyard Patio, Both Crafted With Interlocking Stone. Come Visit Us Today! Additional Upgrades Include New Hardwood Staircase (2024), High Efficiency HVAC System With Smart Thermostat And Newly Installed Heat Pump (2023). Upgraded Casement Windows And Updated Roof Shingles And Siding Installed By Condo Corp. Updated Light Fixtures Throughout, LED Pot Lights On Main Floor And Basement.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 5, 2025
Sold price information is available to members only
Listed Date4/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFinished
CountyPeel
Annual Tax$3,900.15

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Public Transit

Interior Features

None

Security Features

Community Features

Location

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2766 Folkway Drive, Mississauga, ON
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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 2766 Folkway Drive 73, Mississauga, ON L5L 3M3

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.

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Mortgage & Affordability Audit

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

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Interest Rate5.25%
Down Payment$60,900 (7.1%)
* Minimum Canadian down payment required for this price is $60,900.
Amortization Period25 Years
Estimated Monthly Payment$4,756Based on a loan of $798,100 over 25 years.
Purchase Price$859,000
Loan Amount$798,100
Provincial Land Transfer Tax:$13,655
Total Estimated Closing Taxes:$13,655

About Purchasing a Home in Mississauga, ON

For a property listed at $859,000 in Mississauga, the legal minimum down payment is $60,900 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 $13,655 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 $13,655.

Nearby Listings

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No current listings found in Mississauga.

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City & 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$1,127,931

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%

Local Schools Guide

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
All Saints
Public4105 Colonial Drive, Erin Mills, Mississauga, Ontario, L5L 4E8
6.2
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

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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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.