5859 Riverside Place, Mississauga

$1,988,000
5859 Riverside Place

$1,988,000

New
7d
Detached2-Storey

5859 Riverside Place, Mississauga

Total Monthly Obligation $9,549

Beds
8
Baths
5
Park
4
Sqft
3500-5000
DOM
7d
Score
15
Yield
3.5%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.1%
Property Type-Detached
MLS® Number-W14087126
Beds-8
Bathrooms-5
Size-3500-5000 sqft
Lot Size-58.6 × 178.22 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$13,854 (2025)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-HOMEWISE REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-Indoor
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-East Credit
Title-Residential Freehold

No agent assigned

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.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,590,400
Land Transfer Taxes$36,235
Legal Fees (Est.)
$
Total cash required for closing$435,335

Total Monthly Obligation

$9,549/mo
Mortgage $8,019
Monthly Loss $7,438
Principal$2,110
Interest$5,909
Property Tax$1,155
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-12.0%0
5-Year IRR
6.2%15
10-Year IRR
7.6%
Returns Index
8.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$70,512/yr
NOI
$45,107/yr
Net Cash Flow
-$4,260/mo
Cash Margin
-72.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
13.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5859 Riverside Place

Time

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