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5965 RIVER GROVE AVENUE, Mississauga (East Credit) — listed at $1,499,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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 !!! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Bedroom 5 | Second level | 3.35 x 3.36 meters |
| Living room | Basement | — |
| Kitchen | Basement | — |
| Living room | Main level | 3.36 x 4.58 meters |
| Bedroom | Basement | — |
| Bedroom | Basement | — |
| Recreational, Games room | Basement | — |
| Kitchen | Basement | — |
| Bedroom | Basement | — |
| Dining room | Main level | 3.07 x 3.98 meters |
| Family room | Main level | 3.07 x 5.19 meters |
| Den | Main level | 3.07 x 2.75 meters |
| Kitchen | Main level | 5.24 x 3.38 meters |
| Primary Bedroom | Second level | 5.51 x 4.6 meters |
| Bedroom 2 | Second level | 3.67 x 3.38 meters |
| Bedroom 3 | Second level | 3.35 x 3.37 meters |
| Bedroom 4 | Second level | 3.35 x 3.36 meters |
What makes this a luxury property?+
At $1,499,900, standout features include 5 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $8,798.18, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 5 spaces — Attached Garage, Garage.
Is 5965 RIVER GROVE AVENUE a good fit for a growing family?+
With 8 bedrooms and 5 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Mississauga (East Credit) before counting on it.
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