2105 Folkway Drive
Erin Mills, Mississauga
$1,360,000
Location!!! In The Heart Of Erin Mills, Close To Parks, Trails, Schools, Shopping & Major Highways. All Brick Detached Beauty With Back To Greenspace, Surrounded By A Ravine & Parks. Private Backyard With An Inground Pool With All Major Equipment Changed. Whole Property recent Upgraded, Pot Lights Through The Whole Property, Cozy Fireplace, Perfect For Your Family Life. Separate Entrance To A Finished 2 Bedrooms Basement. Lots Of Living Space Or Rent Basement For Extra Income. Amazing Family Neighborhood!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,343 |
| Lot Size | 40 ft x 120 ft |
| mls© Number | W13648904 |
| Listed By | HOMELIFE LANDMARK REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,961
- Property tax
- $695
- Heat allowance
- $150
- Housing costs
- $7,806 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$240,000
gross annual household income
- Payment at 4%
- $5,723 / mo
- Cash down
- $272,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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