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East Credit, Mississauga
$1,999,000
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 an 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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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $13,854 |
| Lot Size | 58.6 ft x 178.22 ft |
| mls© Number | W13562228 |
| Listed By | RE/MAX OPTIMUM REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $10,232
- Property tax
- $1,155
- Heat allowance
- $150
- Housing costs
- $11,536 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$355,000
gross annual household income
- Payment at 4%
- $8,412 / mo
- Cash down
- $399,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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