For Lease
1778 Folkway Drive Lower Level #Lower Level
Erin Mills, Mississauga, ON
$2,400
2Bd
2Ba
2,750+sqft
4Parking
$1/sqft
DetachedMLS# W13117282Listed 2026-05-1228 DOM
Cooling
Central Air
About this home
Beautiful Fully Upgraded Legal 2-Bedroom Basement Apartment In The Highly Sought-After Erin Mills Community! Featuring A Separate Private Entrance, Carpet-Free Living, Modern Kitchen, Spacious Open-Concept Living/Rec Area, Private Laundry, And A Large Primary Bedroom With4-Piece Ensuite. Includes 1 Parking Spot With Additional Parking Available. Conveniently Located Close To Hwy 403, University of Toronto Mississauga Campus, Top-Rated Schools, Parks, Transit, Shopping, And All Major Amenities. Clean, Bright & Move-In Ready. Ideal For A Professional Couple Or Small Family. No Smoking & No Pets Preferred.
Basement Apt
Rooms
Basement
| Living Room | 3.99 × 1.85 m | Combined w/Kitchen Vinyl Floor |
| Kitchen | 3.16 × 3.04 m | Combined w/Living Vinyl Floor Quartz Counter |
| Primary Bedroom | 3.87 × 2.98 m | Window Vinyl Floor 4 Pc Ensuite |
| Bedroom 2 | 3.74 × 2.77 m | Large Window Vinyl Floor Walk-In Closet(s) |
Features
- Carpet Free
- Sump Pump
- Apartment
- Separate Entrance
- Central Air
- 2-Storey
Financials
Estimated Rental Income
Entire property$2,600 – $3,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield1300.0% – 1900.0%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Mississauga
Days on market28 days
Buyer's MarketSeller's Market
Based on active listings in Mississauga. Data updates daily.
Demographics — Mississauga
Population
717,961
Avg Household Income
$105,000
Age Distribution
0-19
21%
20-34
20%
35-49
21%
50-64
20%
65+
18%
Ownership71% own · 29% rent
EnglishUrduArabicPunjabiPolish
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Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
69
/ 100
Walk Score
Somewhat Walkable
61
/ 100
Transit Score
Good Transit
75
/ 100
Bike Score
Very Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.