$1,498,800 - 2332 Folkway Drive, Mississauga
Single Family Home for Sale in Mississauga
Popular Listing- MLS Number
- W12801000
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 14
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- ~2,000 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
A complete show stopper!! Welcome to 2332 Folkway Drive, a detached 4+2 bedroom, 4 bathroom, completely and tastefully renovated house, located in the prestigious Sawmill Valley community of Mississauga - one of the city's most desirable, family-friendly neighbourhoods. Surrounded by mature trees and scenic ravines, this home offers exceptional access to nature with the nearby Sawmill Valley Trails and close proximity to Erindale Park. Enjoy walking, biking, and year-round outdoor activities just steps from your door. Families will appreciate being in anarea with highly regarded schools, and with the beautiful campus of University of Toronto Mississauga also being nearby, it adds both convenience and a scenic backdrop to the area. Ideally situated with quick access to Highways 403, 407, and QEW, and just minutes to Erindale GO Station, this location offers seamless commuting options across the GTA. Enjoy nearby amenities, including the South Common Community Centre and shopping at Erin Mills Town Centre. Known for its larger lots, mature landscaping, and distinctive homes, Sawmill Valley offers character and space rarely found in newer subdivisions. A rare opportunity to live in a quiet, established neighbourhood that perfectly blends nature, top-tier schools, and urban convenience.
Estimate your monthly payments for this property
Estimated Payment
$6,629.70/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
2332 Folkway Drive, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Competitive Pricing
At $749/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,245 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.