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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Mississauga
  • Erin Mills
  • 1992 Folkway Drive
1992-folkway-drive-mississauga-ontario-w12752592
1992-folkway-drive-mississauga-ontario-w12752592
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  • Sold Sold in Feb 2026
  • Detached

1992 Folkway Drive

Mississauga, Erin Mills
  • 4 + 1 Bedrooms
  • 4 Bathrooms
  • 2 Garage
  • Share
Sold Price: $ 1,215,000
9.25%
Listed Price: $ 1,338,800
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Room Details of 1992 Folkway Drive, Mississauga

FloorBedroomsBathrooms
Basement 1 1
Ground * 1
Second 4 2

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Key Facts About 1992 Folkway Drive, Mississauga

  • Tax $7,899 / 2025
  • Property Type Residential
  • Building Type Detached
  • Building Style 2-Storey
  • Size 2000 - 2500 feet²
  • Lot Size 50.13 x 120.32 feet
  • Parking 2 garage, 3 parking
  • Basement Finished
  • Listing # W12752592
  • Data Source PROPTX
  • Days on Market 16
  • Listed On 03/02/2026
  • Updated On 05/03/2026
  • Market Demand
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Description

Welcome To 1992 Folkway Drive - A Well-Maintained 4-Bedroom Detached Home In The Highly Desirable Sawmill Valley Community Of Erin Mills! Situated On A Quiet, Tree-Lined Street In One Of Mississauga's Most Established Family Neighbourhoods, This Home Offers Space, Comfort & Exceptional Convenience. The Main Floor Features Spacious Living & Dining Areas Ideal For Entertaining, A Bright Family Room Overlooking The Private Backyard, And A Functional Family-Sized Kitchen With Ample Cabinetry And Breakfast Area. Large Windows Fill The Home With Natu

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Property Details of 1992 Folkway Drive, Mississauga

Property

  • Property Type Detached
  • Style 2-Storey
  • Fronting On S
  • Community Erin Mills
  • Municipality Mississauga

Inside

  • Bedrooms 4
  • Bathrooms 4
  • Bathroom Details 1, 3pc Second
  • Bathroom Details 1, 4pc Second
  • Bathroom Details 1, 2pc Ground
  • Bathroom Details 1, 4pc Basement
  • Basement Finished
  • Kitchen 1
  • Rooms 10
  • Family Rooms Y
  • Central Vac N
  • Fireplace N

Utilities

  • Water Municipal
  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 2000 - 2500 feet²
  • Architecture Style 2-Storey
  • Exterior Feature Brick

Parking

  • Drive Way Available
  • Garage Type Attached
  • Garage 2
  • Parking Places 3
  • Total Parking Places 5

Land

  • Sewer Sewer
  • Frontage 50.13
  • Depth 120.32
  • Lot Size 50.13 x 120.32 feet
  • Lot Size Code Feet
  • Cross Street Mississauga Road & 403

Features

  • Fenced Yard Y

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Our Estimate

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Estimated Rent

$ 4,930

Rental Yield

3.89%

School Score

8.4/10

Rental Score

5/5

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Rooms

Recreation
Level: Basement
Bedroom
Level: Basement
Living Room
Level: Basement
Primary Bedroom
Level: Second
Bedroom 2
Level: Second
Bedroom 3
Level: Second
Bedroom 4
Level: Second
Dining Room
Level: Main
Kitchen
Level: Main
Family Room
Level: Main
Laundry
Level: Main
Living Room
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 1992 Folkway Drive, Mississauga

Welcome to 1992 Folkway Drive, Mississauga – a meticulously maintained 4-bedroom detached house that epitomises comfort and convenience in the highly sought-after Erin Mills community. This impressive property is situated on a tranquil, tree-lined street, making it an ideal sanctuary for families looking to settle in one of Mississauga's most established neighbourhoods. This house for sale in Mississauga is not just a home; it is a lifestyle choice, perfectly positioned to offer both space and accessibility.

As you approach 1992 Folkway Drive, Mississauga, you will immediately appreciate the classic brick exterior that lends a timeless elegance to the property. The house features a well-designed layout across two storeys, encompassing a total of ten rooms, including four generously sized bedrooms and a den, providing ample space for family living and entertaining. The main floor is particularly inviting, boasting spacious living and dining areas that are ideal for hosting gatherings. Large windows throughout the home flood the interior with natural light, creating a warm and welcoming atmosphere.

The heart of this house for sale in Mississauga is undoubtedly the family-sized kitchen, which is both functional and practical. It comes equipped with ample cabinetry and a breakfast area, perfect for casual dining. The adjacent family room overlooks the private backyard, offering a serene view that enhances the home's appeal. While this property does not feature a pool or a fireplace, the central air conditioning ensures comfort during the warmer months, making it a delightful retreat year-round.

Moving upstairs, you will find four well-proportioned bedrooms, including a spacious primary retreat that boasts a walk-in closet and a private ensuite bathroom. This layout is perfect for families, providing each member with their own personal space. The additional bedrooms are equally inviting, ensuring that everyone has a comfortable place to unwind. This house for sale in Mississauga truly caters to the needs of modern family living.

The finished basement adds even more versatility to this already impressive home. This additional living space can be transformed into a recreation room, a home office, or a guest area, depending on your needs. The possibilities are endless, making this property an excellent choice for those seeking a house that can adapt to their lifestyle.

Located at 1992 Folkway Drive, Mississauga, this home is nestled within a fantastic school district, making it an excellent option for families with children. The proximity to the University of Toronto Mississauga campus, Credit Valley Hospital, and Erin Mills Town Centre ensures that all essential amenities are just a stone's throw away. Additionally, the nearby parks, trails, and public transit options make it easy to enjoy the great outdoors and commute to work or school.

Parking is never a concern with this property, as it features an attached garage with space for two vehicles, along with a driveway that accommodates up to three additional cars. This house for sale in Mississauga is designed for convenience, ensuring that you and your family can enjoy hassle-free living.

In summary, 1992 Folkway Drive, Mississauga, presents a fantastic opportunity to own a well-appointed detached home in one of the most desirable communities in the area. With its spacious layout, modern amenities, and prime location, this house for sale in Mississauga is sure to attract discerning buyers. Don’t miss your chance to make this exceptional property your new home!

Erin Mills, nestled in the city of Mississauga, is a vibrant and well-planned suburban community characterised by its lush green spaces, picturesque parks, and a mix of residential areas that cater to families and professionals alike. The neighbourhood boasts a variety of amenities, including shopping centres, schools, and recreational facilities, making it an ideal location for those seeking a balanced lifestyle. With its convenient access to major highways and public transport, Erin Mills offers a seamless connection to the greater Toronto area, while still providing a tranquil environment for residents to enjoy. The community's commitment to sustainability and its diverse population further enhance its appeal, making it a welcoming place to call home.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. The closest educational institution is Sawmill Valley Public School, just 0.7 km away, offering elementary education (grades K-5) under the Peel District School Board. For middle school students, Erin Mills Middle School is located 1.6 km from the property, serving grades 6-8. High school options include Erindale Secondary School, which has a solid rating of 7 and is 2.5 km away, and Streetsville Secondary School, rated 7.6 and situated 3.7 km from the property. Additionally, there are several Catholic schools in the vicinity, including St. Mark Separate School, only 0.6 km away with an impressive rating of 9.2, and Divine Mercy Elementary School, 3.1 km away, rated 8. These schools offer a range of language studies, including English and French, catering to diverse educational needs. Overall, the area boasts a strong educational framework, ensuring that children have access to quality schooling within a short distance from home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 963 residents, with an average household size of 2.9. The demographic profile reveals an average age of 43.1 years and a robust average household income of $171,000, indicating a relatively affluent community. Notably, only 2% of the population falls under the low-income category, suggesting a stable economic environment. The average property price in the area is approximately $1,130,000, reflecting the demand for housing. A significant portion of the population, 55.93%, comprises households with children, while 33.13% of residents are single. The community is diverse, with 31.41% of residents being immigrants. Renters represent a small fraction at 4.55%, and there are no condominiums available in the area. Education levels are high, with 70.81% of residents holding a college or university degree. However, a notable 31.68% of the population is not in the labor force, which may influence the local economy and housing market dynamics. Overall, this area presents a unique blend of affluence, family-oriented households, and educational attainment, making it an attractive location for potential homebuyers.

FAQs About 1992 Folkway Drive, Mississauga

How many bathrooms does this property have?

This property features 4 bathroom(s) and 4 bedroom(s).

Does this 4 bedroom property have additional bedrooms or a den?

This Detached property includes 1 additional bedrooms.

What is the square footage (sqft) of this Detached property?

The total square footage of this Detached 4 bed property in Mississauga is 2000 - 2500.

How many parking spaces are available with this property?

1992 Folkway Drive boasts 3 convenient parking spaces.

How many cars can be parked in the garage of 1992 Folkway Drive?

This property features a garage with space for 2 cars.

What type of garage does this property have?

This property includes an Attached garage with space for 2 cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Finished basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 1992 Folkway Drive, Mississauga

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Listing History

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