Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of East Credit. Expertly crafted featuring premium brick veneer construction, this residence presents an exceptional opportunity offered at $1,988,000 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.
A MUST SEE! Vacant - Immediate Possession Available! Just a short walk to prestigious Streetsville Village, this rare sanctuary in desirable East Credit offers over 4,000 sq. ft. above grade and more than 6,000 sq. ft. of total living space, including a finished basement, plus a full-sized indoor swimming pool.Tucked away on a quiet street backing onto the scenic Credit River Ravine, this exceptional home is surrounded by mature forest, offering an outstanding blend of privacy, luxury, and natural beauty while remaining close to all city amenities. Step inside to a grand foyer with a graceful spiral staircase and skylight that fills the home with natural light. The living room features a soaring cathedral ceiling and a striking wall-to-wall mural. Offering 4+4 bedrooms and 5 bathrooms, the home also includes a main-floor office that can easily serve as a fifth bedroom. A separate side entrance and direct access to the attached two-car garage add everyday convenience. Upstairs, the spacious primary suite features a large walk-in closet and a luxurious 6-piece ensuite. The second bedroom has its own private ensuite, while the third and fourth oversized bedrooms share a 4-piece bath.The gourmet kitchen is equipped with a built-in refrigerator, built-in oven and microwave, 5-burner gas cooktop, centre island, and bright breakfast area. Glass doors lead to the full-sized indoor pool and sauna, with additional space for a home gym, creating a private, resort-style retreat for year-round enjoyment. Multiple sliding doors open to an oversized patio featuring a grapevine-covered pergola and built-in projection screen, perfect for entertaining. Beyond the patio, the property extends into a tranquil wooded setting that feels like your own private park. Additional highlights include a custom wine cellar and a saltwater aquarium. A rare opportunity to own an exceptional ravine property in one of Mississauga's most sought-after neighbourhoods.
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In-Law Suite, Sauna, Water Heater, Carpet Free, Guest Accommodations, Built-In Oven
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This could be the first listing for this address.
Data-driven valuation for 5859 Riverside Place, Mississauga, ON L5M 4X1
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.
About Purchasing a Home in Mississauga, ON
For a property listed at $1,988,000 in Mississauga, the legal minimum down payment is $397,600 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 $36,235 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 $36,235.
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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.