5859 Riverside Place, Mississauga, ON

$1,999,000
MLS#:W13562228
8 beds
5 baths
3500-5000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of East Credit. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,999,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 8 Bedrooms and 5 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 58.6 x 178.22 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Suite, Sauna, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Properties like this are almost never for sale. They are treasured, and passed from one generation to the next. Set on a rare, deep ravine lot backing directly onto the Credit River in coveted East Credit, a short stroll from Streetsville Village's cafes, boutiques and GO station, this estate holds a position no builder can recreate. Here, your neighbours are a river and ten thousand trees, and they never let you down. Inside, the home's defining luxury reveals itself: minus fifteen in January out there, twenty-nine degrees in here, every morning. A full-sized indoor pool and sauna form a private wellness resort under your own roof; a swim before sunrise, steam after a long week. The living room soars to a cathedral ceiling framed by a striking wall-to-wall mural, a skylight above the staircase pours light through the heart of the home, and a saltwater aquarium brings the calm of moving water indoors. The chef's kitchen with built-in refrigerator, built-in oven, 5-burner gas cooktop and centre island opens to a sunlit breakfast area overlooking the ravine canopy. A dedicated office makes working from home a privilege, and a full bathroom on the main floor makes multigenerational living effortless, with comfort and independence for every generation under one roof. This is a house built to gather: an oversized patio flows beneath a grand pergola draped in living grape vines, and a built-in projection screen turns summer nights into open-air cinema. Birthdays, festivals, milestones. Hosting guests feels intimate here, with no audience but the river. Upstairs, the primary retreat opens to a private balcony suspended over the ravine. Below, a temperature-controlled wine cellar awaits the collector; every gathering begins with choosing the bottle. You never photograph the things you think you'll have forever; here, forever is on offer. Total privacy. Year-round resort. Irreplaceable land, for this generation and the next. The search ends at 5859 Riverside Place.

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Property Summary

This detached home located at 5859 Riverside Place, Mississauga is currently for sale and has been available on SousaSells for 2 days. This property is listed at $1,999,000 with an estimated mortgage of $6,654* per month. It has 8 beds, 5 bathrooms, and is 3500-5000 square feet. 5859 Riverside Place, Mississauga is in the East Credit neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
8
Bathrooms
5
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size58.6 × 178.22 Feet
CountyPeel
Annual Tax$13,854
Legal DescriptionPCL 35-1, SEC 43M759 ; LT 35, PL 43M759 ; MISSISSAUGA

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Ravine, Wooded/Treed, River/Stream, Fenced Yard

Interior Features

In-Law Suite, Sauna, Water Heater, Carpet Free, Guest Accommodations, Built-In Oven

Security Features

Community Features

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Location

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5859 Riverside Place, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5859 Riverside Place, Mississauga, ON L5M 4X1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

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Interest Rate4.00%
Down Payment$599,700 (30.0%)
* Minimum Canadian down payment required for this price is $399,800.
Amortization Period30 Years
Estimated Monthly Payment$6,654Based on a loan of $1,399,300 over 30 years.
Purchase Price$1,999,000
Loan Amount$1,399,300
Provincial Land Transfer Tax:$36,455
Total Estimated Closing Taxes:$36,455

About Purchasing a Home in Mississauga, ON

For a property listed at $1,999,000 in Mississauga, the legal minimum down payment is $399,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $36,455 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $36,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for East Credit, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,262,148

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

St Joseph
Public5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
6.0
St Raymond
Public5735 Whitehorn Avenue, Streetsville, Mississauga, Ontario, L5V 2A9
4.3
St Herbert
Public5180 Fallingbrook Drive, Mississauga, Ontario, L5V 2C6
6.3
St Valentine
Public5610 Heatherleigh Avenue, Mississauga, Ontario, L5V 2V7
6.9
St Timothy
PublicStreetsville, Mississauga, Ontario, L5M 1X9
8.8

Secondary Schools

St. Joseph
Catholic5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
8.2
Streetsville SS
PublicStreetsville, Mississauga, Ontario, L5M 1L4
7.9
St. Francis Xavier
Catholic50 Bristol Road West, Hurontario, Mississauga, Ontario, L5R 3K3
8.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.