$1,039,000 - 1197 Shamir Crescent, Mississauga
Detached for Sale in Mississauga
Popular ListingNeighbourhood: Erindale
- MLS Number
- W13478336
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to 1197 Shamir Crescent, a meticulously maintained and exceptionally cared-for bungalow nestled in one of Mississauga's established and family-friendly neighbourhoods.Pride of ownership is evident throughout this spotless home, offering 3 spacious bedrooms and a thoughtfully designed layout ideal for comfortable family living. The bright and inviting combined living and dining room provides an abundance of space for entertaining and everyday enjoyment.Built with a solid concrete block foundation extending to the main floor, this home showcases quality construction rarely found today. A convenient side entrance leads to the fully finished lower level, offering excellent flexibility for extended family living or future in-law potential. The basement features a second kitchen with a generous eat-in area, a spacious recreation room complete with a cozy wood-burning fireplace, and a charming retro wet bar perfect for entertaining family and friends. A versatile den with built-in desks can easily be converted into a fourth bedroom or home office. Additional features include a 2-piece bathroom, separate shower stall in the laundry room with storage area, and ample storage closets throughout.Situated in a highly desirable mature neighbourhood, this home is ideally located close to schools, shopping, parks, public transit, GO Station, hospitals, colleges, universities, major highways, and every amenity you could need.A rare opportunity to own a lovingly maintained, solidly built home with endless potential in a sought-after Mississauga location.
Estimate your monthly payments for this property
Estimated Payment
$4,595.85/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Nature and University Town Living
Erindale is a mature neighbourhood centered around the University of Toronto Mississauga campus and the scenic Credit River valley. The area offers a unique combination of natural beauty, academic culture, and established residential streets. Erindale Park, one of Mississauga's largest and most beautiful parks, anchors the community.
Why Live in Erindale
- •Adjacent to UTM campus
- •Credit River valley and trails
- •Erindale Park - one of Mississauga's finest
- •Mature trees and established streets
- •Strong rental market near university
Nearby Schools
Transit & Commuting
- •MiWay Route 110 to UTM
- •Easy access to Highway 403
- •Erindale GO Station (planned)
- •25-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Erindale Park
- •Credit River trails
- •Erindale Community Centre
- •UTM campus amenities
- •Riverwood Conservancy (nearby)
Lifestyle & Community
Erindale combines the serenity of nature with the vibrancy of a university community. Residents enjoy beautiful parks, academic culture, and a diverse, welcoming atmosphere.
1197 Shamir Crescent, Mississauga
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $945/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
About Erindale
I know Erindale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.