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1323 SHAMIR CRESCENT, Mississauga (Erindale) — listed at $1,250,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.88 x 3.61 meters |
| Dining room | Main level | 3.91 x 3.35 meters |
| Kitchen | Main level | 5.54 x 3.05 meters |
| Eating area | Main level | — |
| Primary Bedroom | Upper Level | 4.14 x 3 meters |
| Bedroom 2 | Upper Level | 4.19 x 3.86 meters |
| Bedroom 3 | Upper Level | 4.14 x 3 meters |
| Bedroom 4 | Lower level | 3.23 x 2.87 meters |
| Family room | Lower level | 6.5 x 4.19 meters |
| Recreational, Games room | Basement | 6.71 x 6.12 meters |
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $8,376.84, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Finished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 6 spaces — Attached Garage, Garage.
Is 1323 SHAMIR CRESCENT a good fit for a growing family?+
With 5 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office.
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