5883 Riverside Pl

FOR SALE
$2,398,000
5883 Riverside Pl, Mississauga
5883 Riverside Pl
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4
BEDROOMS
5
BATHROOMS
1
KITCHENS
10
ROOMS
W11922218
MLSID
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Property Description
*****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.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2025-01-14 2025-01-19 5 $2,398,000 - Suspended
Nearby Intersections
Property Features
Fenced Yard, Park, Ravine, River/Stream, School, Wooded/Treed
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
48' x 154'
Lot Irregularities
127.68 ftx48.13 ftx154.29 x73.93 x48.60
Fronting
East
Taxes
$12,173 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain16.57' x 17.98'Cathedral Ceiling, Bay Window, Wood Floor
DiningMain12.07' x 16.99'Bay Window, Wood Floor
KitchenMain11.19' x 21.59'Marble Floor, W/O To Deck
BreakfastMain6.99' x 11.98'Marble Floor
FamilyMain13.19' x 20.51'Wood Floor, W/O To Deck
LibraryMain9.09' x 11.98'
Prim Bdrm2nd13.19' x 20.67'Wood Floor, 5 Pc Ensuite, W/I Closet
2nd Br2nd11.88' x 12.27'Double Closet
3rd Br2nd11.09' x 18.18'Double Closet
4th Br2nd12.80' x 14.99'3 Pc Ensuite, Double Closet
Mississauga Market Statistics
Mississauga Price Trend
5883 Riverside Pl is a 4-bedroom 5-bathroom home listed for sale at $2,398,000, which is $827,750 (52.7%) higher than the average sold price of $1,570,250 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Mississauga increased by $85,312 (5.7%) compared to the previous 30 day period (December 22 - January 20) and up $147,241 (10.3%) from the same time one year ago.
Inventory Change
There were 214 4-bedroom homes listed in Mississauga over the last 30 days (January 21 - February 19), which is up 56.2% compared with the previous 30 day period (December 22 - January 20) and up 40.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($58,376) (3.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $6,036 decrease compared to the previous 30 day period (December 22 - January 20) and ($30,385) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Mississauga over the last 30 days (January 21 - February 19) stood at 45.3%, down from 53.3% over the previous 30 days (December 22 - January 20) and down from 55.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Mississauga stood at 28 days when successfully sold over the last 30 days (January 21 - February 19), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty
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