$1,988,000
Est. payment $8,802/moCalculate yours
5859 Riverside Place, Mississauga, ON L5M 4X1
East Credit, Mississauga, ON L5M 4X1
- 4 + 4 Beds
- 5 Baths
- 2 Garage
- 3,500 Sq Ft
Listing courtesy of HOMEWISE REAL ESTATE MLS® W14087126
About this home
Set on a remarkable deep ravine lot backing directly onto the Credit River in sought-after East Credit, 5859 Riverside Place offers exceptional privacy within easy reach of Streetsville Village, local shops, cafes and the GO station. Mature trees and a tranquil natural backdrop create a setting that is increasingly hard to find. Inside, a full-sized indoor pool and sauna create a private, year-round retreat. The dramatic living room features a cathedral ceiling and striking wall-to-wall mural, while a skylight fills the central staircase with natural light. The chef’s kitchen is equipped with a built-in refrigerator and oven, 5-burner gas cooktop, centre island, and sunlit breakfast area overlooking the ravine. A dedicated main-floor office and full bathroom add valuable everyday flexibility. Outdoors, an oversized patio beneath a grapevine-draped pergola, together with a built-in projection screen, creates an exceptional setting for relaxed entertaining and open-air movie nights. Upstairs, the primary retreat opens to a private balcony overlooking the ravine. The lower level includes a temperature-controlled wine cellar, adding a thoughtful touch for collectors and hosts alike. With direct Credit River backing, an indoor pool and sauna, and a secluded natural setting, this is a distinctive East Credit property with a lifestyle that is difficult to replicate.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 4 + 4
- Bathrooms
- 5
- Kitchens
- 2
- Basement
- Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 58.6 x 178.22 Feet
- Parking
- Attached garage · 6 total
Financial
- Property Taxes
- $13,854 (2025)
Location
- Neighbourhood
- East Credit
- Cross Street
- Queen St S/ Main St
- Direction Faces
- West
Listing
- MLS® Number
- W14087126
- Days on Market
- 2
- Listed On
- 2026-10-16
- Possession
- Flexible
- Listed By
- HOMEWISE REAL ESTATE
Rooms
Features
Interior
- In-Law Suite
- Sauna
- Water Heater
- Carpet Free
- Guest Accommodations
- Built-In Oven
Property
- Ravine
- Wooded/Treed
- River/Stream
- Fenced Yard
Pool
- Indoor
Mortgage calculator
Estimated mortgage payment
$8,802 per month
- Principal and interest
- $8,802
- Property tax
- $1,155
- Condo fees
- $0
- Estimated monthly cost
- $9,957
Your mortgage
- Mortgage amount
- $1,590,400
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,050,330
Cash to close
- Down payment
- $397,600
- Land transfer tax
- $36,235
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $433,835
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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