This property was sold on April 25, 2025. This listing is for reference purposes only. to view the sold price.
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 $2,398,000 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.
*****Ravine Lot**** 4000 SF Home. This Exceptional Home Welcomes You With A Grand Foyer Featuring Soaring Cathedral Ceilings And A Stunning Spiral Staircase Leading To The Upper Level. The Spacious, Open Concept Kitchen, Full of Natural Lights, Flows Seamlessly Into A Separate Dining Room And A Large Family Room, Completes With A Wood Fireplace. From Here Step Out Onto The Expansive Deck And Take In The Breathtaking South-Facing View of The Credit River. The Living Room Also Boasts Cathedral Ceilings, Adding To The Home's Airy And Elegant Feel. Add To That A Separate Large Size Office. Above, Master Bedroom With Ensuite 5 Pc Bathroom, a Walk-In Closet And A Small Balcony. The 2nd Bedroom With 4 PC Ensuite Bathroom and Two Door Closets. 3rd and 4th Oversized Bedroom That Shares A 4 Pc Bathroom. Below, The Unfinished Walk-Out Basement Offers Endless Possibilities, Opening To A Huge Backyard That Back Onto The Serene River Creating A Perfect Retreat In Nature. The Home Has A Side Entrance And A Door From The 2 Car Garage To A Large Mud Room With A Laundry Room And A Closet. A Short Walk From Prestigious Streetsville Village And Walking Trail Into the Credit River Conservation Area. 5 Minutes Drive to the Go Station. Walking Distance to a Public School and the River Grove Community Center with Swimming Pool, Gym, Tennis Courts, and Many Other Facilities. Short Drive to The Credit Valley Hospital.
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This detached home located at 5883 Riverside Place, Mississauga is currently for sale and has been available on SousaSells for 508 days. This property is listed at $2,398,000 with an estimated mortgage of $7,982* per month. It has 4 beds, 5 bathrooms, and is 3500-5000 square feet. 5883 Riverside Place, Mississauga is in the East Credit neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Greenbelt/Conservation, Hospital, Park, Ravine, River/Stream, Public Transit
Auto Garage Door Remote, Central Vacuum
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5883 Riverside Place, Mississauga, ON L5M 4X4
Based on 0 recent similar sales in the pocket.
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 $2,398,000 in Mississauga, the legal minimum down payment is $479,600 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 $46,425 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 $46,425.
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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.