$1,249,000 - 5261 River Forest Court, Mississauga
Detached for Sale in Mississauga
New — Listed 2 days agoNeighbourhood: East Credit
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- MLS Number
- W13804406
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX GOLD REALTY INC.
Fully Renovated 4-Bedroom Detached Home with Legal Basement Apartment on a Quiet Court! Welcome to this beautifully renovated 4-bedroom, 3.5-bathroom detached home situated on a quiet court in a desirable Mississauga neighbourhood. This well-maintained property features a legal basement apartment completed in 2021, with separate tenant laundry, offering excellent rental income potential or an ideal option for extended family living. The main level features hardwood flooring, spacious principal rooms, and updated kitchens and bathrooms with quartz countertops and modern cabinetry. The home offers no sidewalk and parking for up to 6 vehicles. Recent upgrades include: Legal Basement Apartment (2021), Windows (2022), Air Conditioning (2022), Attic insulation (2024), and 96% High-Efficiency Furnace (2026). Enjoy a professionally landscaped backyard featuring a concrete patio, dedicated BBQ area, and mature fruit-bearing trees, providing an excellent space for outdoor entertaining and family enjoyment. Conveniently located directly across from a park with soccer and baseball fields and close to schools including St. Herbert, Fallingbrook, Rick Hansen and Sherwood Mills. Easy access to Square One, Highway 403, Erindale GO, Credit Valley Hospital, Erin Mills Town Centre, Adonis, Subzi Mandi and No Frills. Excellent opportunity for families, investors or multi-generational living. Move-in ready with numerous recent upgrades and a legal basement apartment.
Estimate your monthly payments for this property
Estimated Payment
$5,524.75/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover East Credit
East Credit is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in East Credit
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
East Credit offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
5261 River Forest Court, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $833/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.