$1,299,900Asking Price
2545 Folkway Drive, Mississauga, ON L5L 2J9
Erin Mills, Mississauga
Welcome to this beautifully renovated 4+1 bedroom home in the highly desirable Erin Mills community, offering a perfect blend of modern upgrades, functional living space, and future income potential. Step into a bright and spacious layout featuring a separate living room, stylish laminate flooring throughout, elegant pot lights, and upgraded light fixtures that create a warm and contemporary feel. The renovated kitchen is a standout, complete with granite countertops and stainless steel appliances, ideal for both everyday living and entertaining. A major highlight of this property is the approved work permit for a legal 2 bedroom basement apartment with a separate side entrance, providing an excellent opportunity for additional rental income or multi-generational living. The finished basement currently offers one bedroom, a spacious recreation room with a wet bar and bright wide windows, ready for your customization. Enjoy outdoor living in the large private backyard featuring a hot water inground pool and backing onto peaceful green space, offering privacy and a serene setting. The property also features a Vented Modular Garage Floor, adding functionality and durability to the garage space. Located close to top amenities including Erin Mills Town Centre, Credit Valley Hospital, and University of Toronto Mississauga, as well as walking trails, parks, and easy access to Highway 403. This move-in ready home is perfect for families, investors, or buyers seeking space, style, and long-term value in a prime Mississauga location. Book your private showing today!
Welcome to this beautifully renovated 4+1 bedroom home in the highly desirable Erin Mills community, offering a perfect blend of modern upgrades, functional living space, and future income potential. Step into a bright and spacious layout featuring a separate living room, stylish laminate flooring throughout, elegant pot lights, and upgraded light fixtures that create a warm and contemporary feel. The renovated kitchen is a standout, complete with granite countertops and stainless steel appliances, ideal for both everyday living and entertaining. A major highlight of this property is the approved work permit for a legal 2 bedroom basement apartment with a separate side entrance, providing an excellent opportunity for additional rental income or multi-generational living. The finished basement currently offers one bedroom, a spacious recreation room with a wet bar and bright wide windows, ready for your customization. Enjoy outdoor living in the large private backyard featuring a hot water inground pool and backing onto peaceful green space, offering privacy and a serene setting. The property also features a Vented Modular Garage Floor, adding functionality and durability to the garage space. Located close to top amenities including Erin Mills Town Centre, Credit Valley Hospital, and University of Toronto Mississauga, as well as walking trails, parks, and easy access to Highway 403. This move-in ready home is perfect for families, investors, or buyers seeking space, style, and long-term value in a prime Mississauga location. Book your private showing today!
See MoreKey Info
- 2-Storey Detached
- 4-Car Driveway
- 2-Car Detached Garage
- erin mills pkwy and folkway drive
- 1500-2000 Approximate Sq Feet
- 31-50 Years Approximate Age
- Finished Basement
- 1 Kitchen
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 47.64 x 150 Feet
- Brick/Wood Exterior
- Taxes were $8,726 in 2025
- Possession: flexible
Details
- No Fireplace
- Family Room
- Inground Pool
- Sewers
- Municipal Water
- MLS #W13028878
- RE/MAX REALTY SERVICES INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 12.07' x 11.09' | Quartz Counter, Stainless Steel Appliances, Pot Lights |
 | 1 2-Piece Bathroom on Main Floor | |||
| 1 2-Piece Bathroom | |||
| 2 4-Piece Bathrooms | |||
How Far is Too Far?
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Who lives here?
Erin Mills, Mississauga is a west GTA neighbourhood notable for its singles, executives, education, law & public sector professionals and salespeople. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 74.
Families
Kids Per Family
1.3
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
45%
of residents are
single and loving it.
45% singles
Mississauga (44%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
20%
of residents
are renters.
20% renters
Mississauga (29%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
43%
of residents are
university grads.
43% university grads
Mississauga (45%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$138K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 15% |
| Business | 12% |
| Management | 7% |
| Government | 7% |
| Trades | 7% |
Immigrants
47%
of residents were
born outside of Canada.
47% immigrants
Mississauga (56%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
5.3% from India
All-time
Birthplace - Recent
1.2% from China
Recent
Foreign Languages
Foreign Languages
| Polish | 4% |
| Arabic | 4% |
| Urdu | 4% |
| Mandarin | 3% |
| Spanish | 2% |
Religions
Religions
| Christian | 67% |
| Muslim | 10% |
| Hindu | 3% |
| Sikh | 2% |
| Buddhist | 1% |
