$1,200,000
Mississauga
1323 Shamir Crescent, Mississauga (Erindale), Ontario, L5C1L2
This 5-bedroom, 3-bathroom home in Mississauga is for sale offering roughly 1,750 sq ft of space. Listed at $1,200,000, it is attractively priced about 19% below the $1,475,000 median asking price in Mississauga. It has been on the market 2 days, fresher than the Mississauga average of 48 days.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 2 days on market, against an average age of 48 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.
This 5-bed single family in Mississauga (Erindale) has been listed for 2 days, which is 46 days fresher than the city average of 48. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,200,000, about 11.8× the local median household income of $102,000.
Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 130% above the area median.
Source: Statistics Canada, 2021 Census (FSA L5C)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.