
2502 Folkway Drive
Mississauga (Erin Mills), ON L5L 2J6
- 4+2Bedrooms
- 4Bathrooms
- 2Garage
- 2000–2500Sq Ft
- $8,235Tax
- 50×120 ftLot Size
- Estimated Value:$1,157,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 2502 Folkway Drive, Mississauga, Erin Mills
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About 2502 Folkway Drive, Mississauga, Erin Mills
Summarized Description
- Renovated basement with separate entrance and rental potential.
- Modern kitchen with granite countertops and breakfast area.
- Spacious open concept layout ideal for entertaining.
- In-ground pool for summer enjoyment.
- Family-friendly community near parks and schools.
- Convenient access to highways and public transit.
- Hardwood floors and ample pot lights throughout.
- Close proximity to U of T Mississauga.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $8,235
- Land Transfer Tax Fee
- $16,455
Rental Items
- Rental Equipment
- Hort Water Tank
- Basement Type
- Apartment, Finished, Separate Entrance
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Carpet Free, Auto Garage Door Remote
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- Inground
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Shingles
- Foundation Details
- Unknown
- Special Designation
- Accessibility
Lot
- Lot Front
- 50.09 ft
- Lot Depth
- 120.21 ft
- Lot Size
- 50.00 x 120.00 Feet
- Lot Size Code
- 50.00 x 120.00 Feet
Inclusions
- Inclusions
- 2023 (Refrigerator, Exhaust hood, and Stove.) for main floor. 2 Fridge, 2 Washer and Dryer, 2 Oven, 2 Exhaust Fan, 1 Dishwasher, Central Ac(2022), All Window Coverings, All Light Fixtures. Roof(2019). Some photos are from a previous listing when the property was professionally staged. The property is currently owner-occupied; furniture and décor shown may differ from the current setup and are not included in the sale.
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4 + 2
- Washrooms
- 4
- Kitchens
- 2
- Family / bonus room
- Yes
Room sizes
- Living Room5.04 x 3.34Main level, Hardwood Floor, Wainscoting, Bay Window
- Kitchen5.56 x 3.87Main level, Hardwood Floor, Granite Counters, Breakfast Area
- Dining Room3.86 x 3.39Main level, Hardwood Floor, Wainscoting, Picture Window
- Primary Bedroom4.34 x 3.92Second level, Hardwood Floor, 3 Pc Ensuite, Closet
- Family Room5.27 x 3.41Main level, Hardwood Floor, Fireplace, W/O To Pool
- Bedroom 23.05 x 3.54Second level, Hardwood Floor, Closet, Window
- Room—
- Bedroom 2—Basement level, 3 Pc Ensuite, Laminate
- Bedroom 34.37 x 3.37Second level, Hardwood Floor, Closet, Window
- Bedroom 43.88 x 3.44Second level, Hardwood Floor, Closet, Picture Window
- Recreation8.44 x 3.31Basement level, Vinyl Floor, Panelled, Window
- Bedroom—Basement level, Breakfast Area, Eat-in Kitchen, Laminate
Washrooms
- 3-piece, Second
- 3-piece, Ground
- 3-piece, Basement
- Area
- Mississauga
- Municipality
- Mississauga
- Neighbourhood
- Erin Mills
- Main cross streets
- Erin Mills / 403
- Directions
- Erin Mills / 403
- MLS® number
- W13718346
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-16
- Listed on
- 2026-08-27
- Days on market
- 20 days
- Possession date
- 2026-09-17
- Possession type
- Flexible
- Co-op commission
- 2.5% Plus Hst
- Seller
- Listed by
- MASTER`S TRUST REALTY INC.
Home Market Value
Current home valuation for 2502 Folkway Drive, Mississauga, Erin Mills, Mississauga, ON. Listed for $999,000
HOMEH Estimate
$1,157,000
Estimated Sales Range
$1,018,160 - $1,295,840
HOMEH Estimate for 2502 Folkway Drive, Mississauga, Erin Mills
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $499,000 over $500K
$74,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $36,963 | $27,872 | $23,776 | $0 |
=Total mortgage | $961,038 | $926,972 | $872,926 | $799,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,692monthly | $4,526monthly | $4,262monthly | $3,902monthly |
Land Transfer Tax
$16,455
$16,455
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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