1 / 34

Investment signal

$1,099,000

1139 SHADELAND DRIVE

Beds

Baths

Sqft

—

Year

—

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

Open full map

Text about this home Send a message

About this home

Stunning 4+2 bedroom semi-detached multi-level home in the highly sought-after Erindale community of Mississauga. This beautifully upgraded residence offers a functional layout ideal for family living, with excellent income potential.The main level features a modern kitchen with granite countertops and stainless steel appliances, combined living and dining areas, and 3 spacious bedrooms. The home has been fully renovated from top to bottom, showcasing fresh paint, pot lights throughout (interior & exterior), and numerous quality upgrades including 200 AMP electrical panel (2023), furnace (2023), A/C (2022), roof (2022), and garage door & laundry (2021). The lower level offers a 1-bedroom suite with 3-piece bath and walkout to backyard, while the finished basement includes 2 additional bedrooms, a brand-new bathroom, and separate entrance through the garage-ideal for extended family or rental income. Conveniently located close to top-rated schools, parks, shopping, and public transit, with easy access to major highways. Turnkey property with multi-level living and strong income potential in a prime location. Pics from previous occupants. (id:65958)

Subtype: Single Family
Structure: House
Community: Erindale
Common interest: Freehold
Lot dimensions: 30 x 125 FT
Bedrooms: 4 above grade, 2 below grade
Parking: 3 total
On market: Apr 5, 2026
Status changed: Apr 13, 2026
Annual tax: $6,193
Photos: 34
MLS#: W12958720
Area: MISSISSAUGA_(ERINDALE)

Features and systems

Parking

Attached GarageGarage

Basement

FinishedSeparate entranceN/AN/A

Appliances

DishwasherStoveDryerTwo WashersTwo Refrigerators

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Flooring

LaminateCeramic

Foundation

Concrete

Utilities

SewerElectricityCable

Negative cash flow ~$2,126/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.61%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,738

Financing

Down payment$219,800

Loan amount$879,200

Mortgage$5,394/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$504

Insurance$80

Maintenance$916

CapEx reserve$458

Vacancy loss$275

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mississauga (Erindale). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $5,394/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.