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Listed 16 days ago

34 - 2766 Folkway Drive

Erin Mills, Mississauga

$785,000

Condo Townhouse |
3 | 2 | 2 | 0
About this home

This charming 3 bedroom townhome offers the perfect blend of comfort, privacy, and convenience. Backing onto treed greenspace, Pheasant Run Park and nestled within a well managed complex, this home provides an exceptional opportunity for families, first-time buyers, and downsizers alike. The traditional floor plan is thoughtfully designed for everyday living and entertaining. The main level features bright principal rooms, a 2 pc. bath and a walkout to the beautiful backyard, creating a seamless connection between indoor and outdoor living. Whether you're hosting family gatherings or enjoying a quiet morning coffee, the private outdoor space offers a serene retreat with beautiful views of the forest. Upstairs, three good sized bedrooms provide comfortable accommodations for the whole family. The primary bedroom serves as a relaxing sanctuary and features a beautifully renovated semi-ensuite bath with stylish finishes and modern touches. Ample closet space and large windows enhance the comfort and functionality of the upper level. Located in one of Mississauga's most sought after communities, Erin Mills offers an outstanding lifestyle with excellent schools, parks, walking trails, community centres, and recreational facilities nearby. Residents enjoy convenient access to Erin Mills Town Centre, Credit Valley Hospital, public transit, major highways, and an abundance of shopping, dining, and everyday amenities. With nature, convenience, and family friendly living all at your doorstep, this is a wonderful place to call home. HWT Heater Rental'26, Stove '26, Air Conditioner'25, Backyard Deck'21, rough-in bathroom in basement.

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$525
LockerNone
BalconyNone
ExposureNorth South
Parking TypeAttached
Parking Spaces2
Parking FeaturesNone
Property Tax$4,166
mls© NumberW13584548
Listed ByRoyal LePage Real Estate Associates
Common Elements Included
Parking Included
Building Insurance Included

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%
$4,018
Property tax
$347
Heat allowance
$150
Condo fees, half counted
$263
Housing costs
$4,778 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $157,000
25-yr amortization

Income needed

$147,000

gross annual household income

Payment at 4%
$3,303 / mo
Cash down
$157,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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