$1,390,000 - 5261 River Forest Court, Mississauga
Detached for Sale in Mississauga
141 days on market- MLS Number
- W12649264
- Property Type
- Detached
- Status
- active
- Days on Site
- 141
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 3,520 sqft
- Listing Brokerage
- iCloud Realty Ltd.
Fully Renovated 4-Bedroom Home with Legal Basement in Prime Mississauga Location Welcome to this beautifully renovated 4-bedroom, 3.5-bathroom detached home, nestled on a quiet court in one of Mississauga's most sought-after neighborhoods. Thoughtfully upgraded throughout, this home offers a fully legal basement apartment featuring separate tenant laundry, providing excellent income potential or an ideal setup for extended family living. The property offers no sidewalk and parking for up to six vehicles, the main level features elegant hardwood flooring, while the custom-designed kitchens and bathrooms showcase sleek quartz countertops and premium cabinetry. Recent Upgrades Include: Legal Basement Apartment (2021)New Windows (2022)New Air Conditioning (2022)Upgraded Attic Insulation (2024)High-Efficiency Furnace - 96% (2026)Step outside to a professionally landscaped backyard oasis, complete with a concrete patio, dedicated BBQ area, and mature fruit-bearing trees-perfect for entertaining or relaxing while enjoying peaceful evening views under the open sky. Ideally located directly across from a park with soccer and baseball fields, and close to top-rated schools including St. Herbert, Fallingbrook, Rick Hansen, and Sherwood Mills. Enjoy easy access to Square One Shopping Centre, Highway 403, Erindale GO Station, Credit Valley Hospital, and major grocery stores such as Adonis, Subzi Mandi, No Frills, and Erin Mills Town Centre. This exceptional property offers the perfect combination of modern upgrades, income potential, and a prime location-an outstanding opportunity for families and investors alike.
Estimate your monthly payments for this property
Estimated Payment
$6,148.44/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 Mississauga
Mississauga 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 Mississauga
- •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
Mississauga 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 $927/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.
Negotiation Opportunity
At 141 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.