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New3 hours ago

2332 Folkway Drive

Erin Mills, Mississauga

$1,429,900

Detached|Backsplit 5
4 | 4 | 6
About this home

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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agent
Mahta Nourbakhsh
(416) 953-9580
TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$8,023
Lot Size50.08 ft x 120.19 ft
mls© NumberW13854374
Listed ByREMAX 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.

Down payment20% · $285,980
25-yr amortization

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 check

Values and trends

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