5965 River Grove Ave
East Credit, Mississauga, Ontario L5M 4Z8
- Bedrooms
- 5+3
- Bathrooms
- 5
- Size
- 3,000–3,500sq ft
- Per sq ft
- $462at the range’s middle
- Lot
- 57.03 x 113.85 ft
- Tax a year
- $8,7982026 tax year
- Parking
- 52 attached
- Days on market
- Members
The brief
About 5965 River Grove Ave
5965 River Grove Ave is a 5+3-bedroom, 5-bathroom detached house in East Credit, Mississauga, listed for sale at an asking price of $1,499,900 (MLS® W14099142).
Absolutely stunning 5-bedroom detached home offering over 4,000 sq ft of bright, spaciousliving in the highly desirable River Grove community. Situated in one of the area's mostsought-after neighborhoods, this property is a legal two-dwelling unit and is convenientlyclose to top-rated schools, community centres, public transit, and Heartland Town Centre. Themain level showcases elegant hardwood flooring and a versatile den for a home office alongsidegenerously sized principal rooms designed for comfortable family living. Extensive upgrades have been completed, including a renovated main floor with new flooring and kitchen appliances, a new roof, modern light fixtures, updated stairs, and a newly finished driveway. The basement is thoughtfully configured with two self-contained units: a 2-bedroom apartment and a 1-bedroomstudio, each featuring its own kitchen and washroom, along with a separate shared laundry area. Strong rental income potential(over $3,500 per month), an excellent opportunity for investors or multi-generational living. A rare chance to own a turnkey property with significant income potential in a prime location !!!
Insights
Condition Score
Good83/1005 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $8,798 / 2026
- MLS® number
- W14099142
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 57.03 x 113.85 ft
- Listed on
- Parking
- 2 Attached, 5 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- East Credit
- Municipality
- Mississauga
Building
- Size
- 3000-3500 sqft
- Construction
- Brick
Inside
- Bedrooms
- 5+3
- Bathrooms
- 5
- Bathroom Details
- 1 × 2pc Main, 2 × 4pc 2nd, 2 × 3pc Bsmt
- Basement Type
- Apartment
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 3
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 57.03 ft
- Depth
- 113.85 ft
- Lot Size
- 57.03 x 113.85 ft
Additional
- Foundation
- Concrete
- Roof
- Shingles
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Main Floor: All Existing Electrical Light Fixtures & All Existing Window Coverings, Existing Fridge, Stove, Dishwasher, Washer & Dryer. Basement: Two Fridges, Two Stoves, Washer & Dryer
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.58 × 3.36 m | hardwood floor, Open Concept, Combined W/Dining | Main |
| Dining | 3.98 × 3.07 m | hardwood floor, Window, Combined W/Living | Main |
| Family | 5.19 × 3.07 m | hardwood floor, Window | Main |
| Den | 2.75 × 3.07 m | hardwood floor, Separate Rm, Window | Main |
| Kitchen | 3.38 × 5.24 m | hardwood floor, W/O To Yard, Stainless Steel Appl | Main |
| Primary | 4.6 × 5.51 m | Laminate, 4 Pc Ensuite, W/I Closet | 2nd |
| 2nd Br | 3.38 × 3.67 m | Laminate, Large Closet, Window | 2nd |
| 3rd Br | 3.37 × 3.35 m | Laminate, Large Closet, Window | 2nd |
| 4th Br | 3.36 × 3.35 m | Laminate, Large Closet, Window | 2nd |
| 5th Br | 3.36 × 3.35 m | Laminate, Large Closet, Window | 2nd |
| Living | 0.0 × 0.0 m | Laminate, Open Concept, Window | Bsmt |
| Kitchen | 0.0 × 0.0 m | Ceramic Floor, Stainless Steel Appl | Bsmt |
| Br | 0.0 × 0.0 m | Laminate, Closet, Window | Bsmt |
| Br | 0.0 × 0.0 m | Laminate, Closet, Window | Bsmt |
| Rec | 0.0 × 0.0 m | Ceramic Floor, Open Concept, Window | Bsmt |
| Kitchen | 0.0 × 0.0 m | Ceramic Floor, Open Concept | Bsmt |
| Br | 0.0 × 0.0 m | Laminate, Closet, Window | Bsmt |
Listing history
Buy/sell history for 5965 River Grove Ave, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,499,900 | N/A | For Sale | W14099142 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $299,980
- Total mortgage amount
- $1,199,920
- Total interest payment
- $852,980
- Total purchase cost
- $2,352,880
- Mortgage payment
- $6,843/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$7,576- Rent $0
- Shortfall $7,576
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $26,473
- Total land transfer tax
- $26,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $22,473
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,499,900
- $21,998
- Ontario total
- $26,473
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 6,493 sq ft603 m²
- Street frontage
- 57.03 ft17.4 m
- Depth
- 113.85 ft34.7 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation5
- Not in Credit Valley Conservation’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- 6 water-supply wells recorded within 250 mAll were drilled for domestic use. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 17.7 m.250 m
- Groundwater recorded about 4 m below ground nearbyThe middle water level in the well records within 500 m (17 records). It changes with the season and from spot to spot.500 m
- Bedrock about 6.1 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Credit Valley Conservation · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 9.0 km9 km
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Region of Peel — Britannia Sanitary Landfill Site, 1.7 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Credit Valley Conservationor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.
The market
Detached homes for sale in East Credit right now
- For sale now
- 68
- Median asking price
- $1.32M
- New in 7 days
- 12
- Price cuts
- 19%
Middle half: $1.25M to $1.58M
43 in 28 days
13 listings
This home is asking 13% above the median.
See all homes in East CreditAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Streetsville GO | GO Transit train: Milton | 2.1 km |
| Meadowvale GO | GO Transit train: Milton | 3.3 km |
| Hurontario St at Matheson | Brampton Transit bus rapid transit: Züm Main | 4.4 km |
| Hurontario St at Britannia Rd | Brampton Transit bus rapid transit: Züm Main | 4.5 km |
| Hurontario St at Bristol Rd | Brampton Transit bus rapid transit: Züm Main | 4.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Our Lady of Good Voyage Catholic SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 400 m | 86%Grade 6 average |
| Ray Underhill Public SchoolPeel DSB | Public · grades JK–6 | 700 m | 68%Grade 3 average |
| Willow Way Public SchoolPeel DSB | Public · grades JK–6 | 800 m | 65%Grade 3 average |
| ÉÉC Ange-GabrielConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 4.1 km | 80%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Joseph Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 1.3 km | 76%Grade 9 math |
| Streetsville Secondary SchoolPeel DSB | Public · grades 9–12 · French Immersion | 1.8 km | 65%Grade 9 math |
| Rick Hansen Secondary SchoolPeel DSB | Public · grades 9–12 | 2.5 km | 50%Grade 9 math |
| ÉSC Sainte-FamilleConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 3.6 km | 67%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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