2368 Folkway Dr

FOR SALE
$1,599,000
2368 Folkway Dr, Mississauga
2368 Folkway Dr
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4 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
9 + 3
ROOMS
W10425938
MLSID
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Property Description
Rarely offered and exceptionally unique, this stunning 5-level side split in Sawmill Valley is a true gem. Spanning over 3,200 sq ft of meticulously designed living space, this home boasts a distinctive floor plan that seamlessly blends sophistication with functionality. Set on an extra-wide lot with mature trees and adjacent to parkland, this 4-bedroom residence offers an abundance of space and privacy. The open-concept living area is perfect for both everyday comfort and entertaining, with delightful surprises around every corner. The primary suite is a retreat of its own, featuring a newly renovated 4-piece ensuite, a massive walk-in closet, and a step-up sitting room or office. The lower level adds even more appeal with a bonus bedroom, a media room, a pool table, and multiple versatile living spaces ideal for family gatherings, game nights, or cozy movie marathons on the projector and screen. Step outside to the incredible back garden, where you'll find a large deck and hot tub, perfect for relaxing or hosting friends. Conveniently located near major commuter routes, University of Toronto Mississauga (UTM), Credit Valley Hospital, Riverwood Conservatory, Credit River, and shopping, this home offers not just a place to live, but a vibrant lifestyle. Discover why Sawmill Valley is a coveted community. Come home to unparalleled comfort and exceptional living.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-03 2024-11-15 43 $1,692,500 - Terminated
2024-08-16 2024-10-03 48 $1,725,000 - Terminated
Nearby Intersections
Property Features
Hospital, Park, Public Transit, River/Stream, School, Wooded/Treed
Property Details
Community
Property Type
Detached, Sidesplit 5
Approximate Sq.Ft.
2000-2500
Lot Size
55' x 119'
Fronting
East
Taxes
$7,687 (2024)
Basement
Finished
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FamilyMain11.25' x 22.67'Hardwood Floor, W/O To Deck
Kitchen2nd17.39' x 11.81'Renovated, Stone Counter
Dining2nd12.47' x 13.22'Hardwood Floor, Picture Window, Combined W/Living
Living2nd19.82' x 11.42'Hardwood Floor, Cathedral Ceiling, Combined W/Dining
Prim Bdrm3rd14.76' x 12.24'Hardwood Floor, 4 Pc Ensuite, W/I Closet
Office3rd8.07' x 11.78'Hardwood Floor, Combined W/Master
Br3rd11.71' x 10.04'Broadloom, Picture Window, Double Closet
Br3rd13.29' x 10.01'Broadloom, Picture Window, Double Closet
Br3rd14.73' x 10.10'Broadloom, Picture Window, Closet Organizers
BrLower14.40' x 10.47'French Doors, Broadloom
RecLower32.94' x 10.47'Open Concept, Large Window
Media/EntBsmt20.44' x 23.98'Electric Fireplace
Mississauga Market Statistics
Mississauga Price Trend
2368 Folkway Dr is a 4-bedroom 3-bathroom home listed for sale at $1,599,000, which is $208,622 (15.0%) higher than the average sold price of $1,390,378 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Mississauga declined by $125,316 (8.3%) compared to the previous 30 day period (September 21 - October 20) and down $97,934 (6.6%) from the same time one year ago.
Inventory Change
There were 275 4-bedroom homes listed in Mississauga over the last 30 days (October 21 - November 19), which is down 4.2% compared with the previous 30 day period (September 21 - October 20) and up 28.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($38,739) (2.8%) below asking price over the last 30 days (October 21 - November 19), which represents a $4,492 increase compared to the previous 30 day period (September 21 - October 20) and ($64,887) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Mississauga over the last 30 days (October 21 - November 19) stood at 50.5%, up from 46.0% over the previous 30 days (September 21 - October 20) and up from 41.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Mississauga stood at 23 days when successfully sold over the last 30 days (October 21 - November 19), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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