5969 Rayshaw Crescent, Mississauga, ON
Streetsville, Mississauga · MLS® W13809292
About this home
This Exclusive in the Street!* Welcome to this magnificent biggest house in the area, with 3 car garage brick and 9 car parking, this detached home built 1995 located in the prestigious streetville, Featuring 9 ft ceiling on the main floor, 9-ft ceilings on the second floor & Bsmt, house renovated for all 3 washrooms upstairs brand new and brand new restroom in main floor with new kitchen in main floor, new tiles with freshly painted and brand new laundry renovated 2026. fully finished walk up huge basement apartment build 2023 before 3 years ago with 2 bedrooms and one big kitchen open concept to the living room and 2 washrooms full with extra space, basement can divided to be 2 unit and have already 2 seprate entrances, roofing 2020, furnace and AC 2020 under contract but the seller accept to paid off with a good offer, this home offers approximately 9,914 sqft of total living space with 5+6 spacious bedrooms, 6 bathrooms, and a main floor home office, The open concept living and dining areas feature custom lighting and large windows, perfect for hosting family and friends, Main Floor specific Laundry Rm Cabinets For Added Convenience, this house Located in the heart of Mississauga, close to top-rated schools, parks, shopping, library, hospital, and public transit.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13809292
- Bedrooms
- 5+2 (7 total)
- Bathrooms
- 6 (1 half)
- Size
- 3500-5000 sq ft
- Cross streets
- Britannia to turney to rayshaw
- Parking
- 3 garage · 12 parking (attached)
- Driveway
- Other
- Basement
- Apartment, Finished with Walk-Out, Separate Entrance
- Kitchens
- 6 (3 + 3)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Other
- Roof
- Other
- Sewer
- Sewer
- Property tax
- $12,520 / 2025
- Listing brokerage
- KINGSWAY REAL ESTATE
Rooms
Listed at $1,999,000. Going by how homes in Streetsville and the wider GTA have actually closed against their asking prices (about 97%, 17 local closings in 90 days), the likely sale price is near $1.94M, if it sells. A realistic range is $1.81M to $2.18M.
Independent value check: $2.27M. Without looking at the asking price, our model values the home itself about 14% above the ask (homes like it typically land between $2.13M and $2.38M).
Why $2.27M. The typical detached home sold in Streetsville over the past year went for about $1.17M (58 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $12,520 a year; the typical home sold here pays about $7,400.
- ▲ Raises it stronglyIt is 3,500 to 5,000 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises it3 garage and 12 total parking spaces, against 2 and 6 typically.
- ▲ Raises it5+2 bedrooms and 6 baths, against 3+1 and 3 typically.
Total price vs nearby homes. Likely closing about $1.94M, from 17 recent closings in this pocket.
The market behind the math:
About 1.1 months of inventory: 6 detached homes for sale in the area against 17 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $470/sqft against an area asking average of $786/sqft.
- Walk-out basement apartment features. A finished 2 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Streetsville: 13 of the 67 detached leases here lately were basement units, around $1,950 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Mississauga.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.73M. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in Streetsville, so I widened the search to the surrounding area.
Based on 17 comparable homes that sold in Streetsville over the past two years, from 97 closings there.
For sale
For sale
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.27M, which is where my estimate comes from.
Per square foot, these ask about $783/sqft; this home lists at $470/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Streetsville, Mississauga, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Mississauga.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $1,599,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,754
- Property tax
- $1,043
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,797
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,455
- Estimated closing costs
- $36,455
Plus your down payment of $399,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $525,217
- Principal paid down
- $197,729
- Interest paid
- $327,487
- Balance remaining
- $1,401,471
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
The suite is real income here: basements rent in Streetsville (13 of 67 recent detached leases were basement units, around $1,950 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,950 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Streetsville signed at a median of $7,425 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,300. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KINGSWAY REAL ESTATE. MLS®/PropTx.