Gurvinder Nokwal REALTOR®
For Sale Detached 73 days on market

$1,299,000 ↓ $59,000 from $1,358,000

Est. payment $5,752/moCalculate yours

1323 Shamir Crescent, Mississauga, ON L5C 1L2

Erindale, Mississauga, ON L5C 1L2

  • 4 + 1 Beds
  • 3 Baths
  • 2 Garage
  • 1,500 Sq Ft

Listing courtesy of DREAM HOME REALTY INC. MLS® W13645144

About this home

Welcome to 1323 Shamir Crescent, a beautifully updated home situated on a desirable 51 x 120 ft lot in the sought-after Erindale community of Mississauga. This move-in ready property offers the perfect combination of comfortable family living and excellent investment potential.The home has been extensively updated with many recent renovations, including new flooring, updated bathrooms, fresh paint, whole-home waterproofing, and many thoughtful upgrades. The legal basement apartment, fully permitted by the City, was completely rebuilt from the ground up with a brand-new layout, modern finishes, and comfortable living space.The legal basement offers an excellent mortgage helper and additional income opportunity. The current tenant is reliable with a strong rental history and pays $2,350/month on time. The existing lease runs until the end of September 2026. Buyers may choose to continue with the current tenant or make arrangements for vacant possession if preferred.Whether you are looking for a wonderful family home or a smart investment property, this home offers outstanding flexibility. Enjoy comfortable living while benefiting from rental income that helps reduce monthly carrying costs, or add a well-maintained cash-flowing property to your investment portfolio.Located in a convenient area close to schools, parks, shopping, transit, and major amenities, and within the highly regarded Woodland Secondary School district. Featuring a spacious lot, ample parking, and a legal income-generating basement, this is a great opportunity to own a versatile home in a desirable Mississauga community.

Property details

Overview

Property Type
Detached
Style
Backsplit 4
For
For Sale
Status
Price Change
Approximate Age
51-99
Size
1,500 sqft

Interior

Bedrooms
4 + 1
Bathrooms
3
Kitchens
2
Total Rooms
8
Basement
Finished

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Other
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
51 x 120 Feet
Parking
Attached garage · 6 total

Financial

Property Taxes
$8,377 (2026)

Location

Neighbourhood
Erindale
Cross Street
Mcbride & Erindale Station
Direction Faces
South

Listing

MLS® Number
W13645144
Days on Market
73
Listed On
2026-08-06
Possession
Flxible
Listed By
DREAM HOME REALTY INC.

Rooms

Room Level Dimensions
Dining Room Main 12′ 10″ × 11′ 0″
Recreation Basement 22′ 0″ × 20′ 1″
Kitchen Main 18′ 2″ × 10′ 0″
Bedroom 2 Upper 13′ 9″ × 12′ 8″
Living Room Main 16′ 0″ × 11′ 10″
Bedroom 4 Lower 10′ 7″ × 9′ 5″
Primary Bedroom Upper 13′ 7″ × 9′ 10″
Breakfast Main -
Bedroom 3 Upper 13′ 7″ × 9′ 10″
Family Room Lower 21′ 4″ × 13′ 9″

Features

Interior

  • Other

Pool

  • None
Included
2 Fridges, Stove, Microwave, Washer & Dryer

Mortgage calculator

Minimum for this price: $104,900 (8.08%)

Amortization, years

Estimated mortgage payment

$5,752 per month

Principal and interest
$5,752
Property tax
$698
Estimated monthly cost
$6,450

Your mortgage

Mortgage amount
$1,039,200
Mortgage insurance
Not needed
Interest over 25 years
$686,307

Cash to close

Down payment
$259,800
Land transfer tax
$22,455
Total, before legal fees
$282,255
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

1323 Shamir Crescent, Mississauga, ON L5C 1L2 Erindale, Mississauga, ON L5C 1L2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,299,000 1323 Shamir Crescent, Mississauga, ON L5C 1L2
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