5883 Riverside Pl

FOR SALE
$2,398,000
5883 Riverside Pl, Mississauga
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4
BEDROOMS
5
BATHROOMS
1
KITCHENS
10
ROOMS
W11985071
MLSID
Contact Us
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. 5 Minutes Drive to the Go Station. Walking Distance to a Public School and the River Grove Community Center with Swimming Pool, Gym, Tennis Courts, and Many Other Facilities. Short Drive to The Credit Valley Hospital.
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
Grnbelt/Conserv, Hospital, Park, Public Transit, Ravine, River/Stream
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
48' x 154'
Acreage
< .50
Lot Irregularities
127.68 ftx48.13 ftx154.29 x73.93 x48.60
Fronting
East
Taxes
$12,173 (2024)
Basement
Part Fin, W/O
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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