
5859 Riverside Place, Mississauga
East Credit · Investor guide
$1,999,000
Estimated Value
$1,498,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX OPTIMUM REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
8
Bathrooms
5
Days on Market
17
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,800/mo
Based on East Credit neighbourhood rental data for 8-bed Detached
Remarks
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.
MississaugaInvestor.ca
5859 Riverside Place
Detached · 8bd/5ba · ~4,250 sqft
$1,999,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.76%
Monthly Cash Flow
-$7,931/mo
Estimated Rent
$4,800/mo
Cash-on-Cash
-21.67%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,800 |
| Mortgage | −$9,201 |
| Property Tax | −$1,399 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,666 |
| Vacancy (5%) | −$240 |
| Cash Flow | -$7,931/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$57,600 |
| Vacancy (5%) | −$2,880 |
| Property Tax | −$16,792 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$19,990 |
| Annual NOI | $15,238 |
| Cap Rate | 0.76% |
Cash Required to Close
| Down Payment (20%) | $399,800 |
| Ontario Land Transfer Tax | $36,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $439,255 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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