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    2766 Folkway Drive

    2766 Folkway Drive Townhomes
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    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    100
    Condo Completion:
    1975
    Condo Demand:
    Medium
    Unit Size Range:
    1,200 - 1,699 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 2766 Folkway Drive Townhomes

    Receive listing updates for Erin Mills

    Amenities

    BBQs Allowed
    Visitor Parking
    Indoor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2766 Folkway Drive2766 Folkway Drive Townhomes

    Anyone who’s seeking a Mississauga condo for sale should consider 2766 Folkway Drive Townhomes at 2766 Folkway Drive. completed this building back in 1975, but unlike other buildings of that age, maintenance fees are very low at $0.30 per-square-foot. The 2-storey building is home to 100 suites with units ranging between 1200 and 1699 square feet.

    Maintenance fees at 2766 Folkway Drive are only $0.30, significantly lower than the city average of about $0.67 per-square-foot.

    The Suites

    Here are some stats that would interest renters or buyers at 2766 Folkway Drive: 5 units have been sold in the past 12 months, and 0 unit has been rented over the same period.

    In terms of price per-square-foot, the average cost is $603 and units tend to sell for 7.67% above the list price. Units at 2766 Folkway Drive have a medium probability of receiving more than one offer. On average, a suite will spend 22 days on the market.

    The Neighbourhood

    Not everyone can claim the title of home chef, but those who live in this condo can leave the cooking to the professionals, and grab a bite at Tim Hortons, South N' Spicy and Premium Sweets. Need caffeine to open your eyes in the morning? No worries, McDonald's and Studio.89 have you covered...

    There are a number of grocery stores within a short drive, including Palma Pasta and Nations Fresh Foods.

    Planning for your future is easy with BMO Bank of Montreal in the area.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Forest of painted rocks, McCauley Green and Pheasant Run Park are less than 5 minutes walking distance from 2766 Folkway Drive.

    Those who love to shop will appreciate all the options nearby with Mississauga Erin Mills Smrtctr, South Common Centre and Erin Mills Town Centre just 4 minutes from here.

    There are plenty of nearby school choices — St. Rose of Lima Separate School and St. Sebastian Catholic Elementary School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Erin Mills Middle School, Active Education Learning Centre and UCMAS Abacus & Mental Math School.

    Transportation

    Taking public transit? The nearest light transit stop is Eglinton Ave At Winston Churchill Blvd.

    There are several similar condos in the area, such as 2635-2639 Rogers Road, 3360 Council Ring Road and 3339 Council Ring Road — all worth checking out.

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    Explore Neighbourhood

    2/10
    Walkability
    A sight of a grocery store is as rare as a unicorn sighting.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,222
    Average Individual Income
    $61,371
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $108,609
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    20%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    29%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    2%
    Housing Types & Tenancy
    Semi Detached
    37%
    Detached
    30%
    High Rise Apartment
    18%
    Low Rise Apartment
    10%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    80%
    Other
    10%
    Punjabi
    5%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    31%
    University and Above
    23%
    College
    20%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    21%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    2766 Folkway Drive Townhomes vs The Erin Mills Area

    Days on Strata

    Units at 2766 Folkway Drive Townhomes spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    8%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Erin Mills

    Turnover of Units

    On average, each unit is owned for
    17.8
    YEARS before being sold again

    Property Value

    -13%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 45 condos in the Erin Mills area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    2766 Folkway Drive Townhomes offers the
    ?
    best value out of 45 condos in the Erin Mills neighbourhood

    Appreciation Rank

    2766 Folkway Drive Townhomes has the
    ?
    highest ROI out of 45 condos in the Erin Mills neighbourhood

    Rental Yield

    2766 Folkway Drive Townhomes yields the
    ?
    highest rent prices out of 45 condos in the Erin Mills neighbourhood

    High Demand

    2766 Folkway Drive Townhomes is the
    ?
    most popular building out of 45 condos in the Erin Mills neighbourhood

    Transaction Insights at 2766 Folkway Drive

    3 Bed3 Bed + Den
    Price Range$811,000 - $885,000No Data
    Avg. Cost Per Sqft$581No Data
    Avg. Wait for Unit Availability71 Days421 Days
    Ratio of Units in Building91%10%

    Unit Sales vs Inventory

    Total number of units listed and sold in Erin Mills