230- 1062 Douglas Mccurdy N/A, Mississauga
Lakeview · Investor guide
$670,000
Estimated Value
$831,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE/MIRACLE REALTY LTD
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
2
Bathrooms
2
Days on Market
17
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,800/mo
Based on Lakeview neighbourhood rental data for 2-bed Condo Townhouse
Remarks
Experience lakeside living at its finest with this charming two-story townhome in Port Credit, Ontario. Featuring two bedrooms, two full bathrooms, and easy access to the tranquil waters of Lake Ontario, this home offers the perfect balance of comfort and convenience. Enjoy the cozy living area, modern kitchen with beautiful back splash. The panoramic views of the lake area from the 3RDFLOOR TERRACE (237SF). With waterfront parks and recreational activities just a stone's throw away, this home is a true gem ## Wallmart shopping center is located directly beside the unit, Just 1-minute walk, making grocery shopping and also access to walk in clinic, Kafe, Restaurants, Public transit, The Go station and all other amenities. This is rare opportunity to own in Mississauga"s. This price to sell. Dont miss this opportunity
MississaugaInvestor.ca
230- 1062 Douglas Mccurdy N/A
Condo Townhouse · 2bd/2ba · ~1,100 sqft
$670,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.99%
Monthly Cash Flow
-$1,416/mo
Estimated Rent
$2,800/mo
Cash-on-Cash
-11.57%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,800 |
| Mortgage | −$3,084 |
| Property Tax | −$469 |
| Insurance | −$225 |
| Condo Fee | −$298 |
| Vacancy (5%) | −$140 |
| Cash Flow | -$1,416/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,600 |
| Vacancy (5%) | −$1,680 |
| Property Tax | −$5,628 |
| Insurance | −$2,700 |
| Condo Fee | −$3,576 |
| Annual NOI | $20,016 |
| Cap Rate | 2.99% |
Cash Required to Close
| Down Payment (20%) | $134,000 |
| Ontario Land Transfer Tax | $9,875 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $146,875 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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