1323 Shamir Cres is a 4-bedroom, 2-bathroom detached home in Mississauga, listed for $1,200,000. It has 1500-2000 sq ft of living space.
1Welcome 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.
2The current tenant is reliable with a strong rental history and pays $2,350/month on time.
3The existing lease runs until the end of September 2026.
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.
4 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $800 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1323 Shamir Cres
Every detail from the listing, in one place.
Type
Detached
Style
Backsplit 4
Living space
1500-2000 sq ftas stated on the listing
Lot size
51.00 x 120.00 Feet
Parking
6 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Finished
Lot & land
Lot dimensions
51.00 x 120.00 Feet
Lot size (sqft)
0
Listing & possession
Property style
Backsplit 4
Property class
Detached
1323 Shamir Cres Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14138184$1,200,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1323 Shamir Cres Compares to the Mississauga Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,895
/mo
based on the purchase price of $1,200,000
$240,000 cash
$960,000 financed
$808,572 total interest
Principal54%$960,000
Interest46%$808,572
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Mississauga
Other 3–4 bed homes for sale in Mississauga around $1.2M.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings2,789Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 6 – Aug 4, 2026: prices down.
Based on 2,178 sales from Aug 4 – Nov 2, 2026 (1,615 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1323 Shamir Cres
How much is 1323 Shamir Cres listed for?
1323 Shamir Cres is listed at $1,200,000 (MLS® W14138184). Summitly updates the price as soon as the MLS® record changes.
Is $1,200,000 a good price for 1323 Shamir Cres?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Mississauga. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1323 Shamir Cres changed?
No — 1323 Shamir Cres is still listed at its original asking price of $1,200,000.
How many bedrooms and bathrooms does 1323 Shamir Cres have?
1323 Shamir Cres has 4 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Mississauga.
How much would the monthly mortgage be on 1323 Shamir Cres?
About $5,895 a month — principal and interest on $1,200,000 with 20% down ($240,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1323 Shamir Cres compare with other homes in Mississauga?
Its asking price of $1,200,000 is about 37% above the median sold price in Mississauga over the last 90 days, $875,000, across 2,178 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1323 Shamir Cres been sold before?
Summitly has no earlier MLS® sale or lease of 1323 Shamir Cres on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1323 Shamir Cres?
1323 Shamir Cres is in Mississauga, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1323 Shamir Cres been on the market?
1323 Shamir Cres was listed today (November 2, 2026).
What is the price per square foot of 1323 Shamir Cres?
About $600 to $800 per square foot: the asking price of $1,200,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 1323 Shamir Cres have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 1323 Shamir Cres have a basement, and is it finished?
