For Lease
Just Listed
1778 Folkway Drive Room Lower Level #Room Lower Level
Erin Mills, Mississauga, ON
$1,300
2Bd
2Ba
2,750+sqft
4Parking
0DetachedMLS# W13117294Listed 2026-05-121 DOM
Cooling
Central Air
Just listed! New listings in Mississauga often receive offers within the first week.
About this home
Beautiful Fully Upgraded Rooms Available For Rent In A Legal 2-Bedroom Basement Apartment Located In The Highly Desirable Erin Mills Community! Each Room Offers Comfortable Carpet-Free Living With Shared Access To A Modern Kitchen, Spacious Open-Concept Living/Rec Area, And Private Laundry. Separate Entrance Provides Added Privacy. Includes 1 Parking Spot (Additional Parking Available). Conveniently Located Close To Hwy 403, University of Toronto Mississauga Campus, Schools, Parks, Transit, Shopping, And All Major Amenities. Clean, Bright & Move-In Ready. Ideal For Students Or Working Professionals. No Smoking & No Pets Preferred. Furnished option available.
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 yield2400.0% – 3507.7%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Mississauga
Days on market1 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
Our estimate for this home
Estimated range
$1.84M – $2.14M
Mid-point $1.99M · ~$723/sqft
How this listing compares
$1.84MList · $1K$2.14M
Medium confidence·Based on 15 erin mills comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
66
/ 100
Walk Score
Somewhat Walkable
64
/ 100
Transit Score
Good Transit
68
/ 100
Bike Score
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.
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