
1008- 1063 Douglas McCurdy Common, Mississauga
Lakeview · Investor guide
$849,000
Estimated Value
$659,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by CV Real Estate
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
3
Days on Market
14
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 Apartment
Remarks
Welcome to this spacious 2-bedroom condo in the heart of Port Credit, where modern elegance meets everyday comfort. This beautifully designed suite features an open-concept layout that seamlessly connects the living, dining, and kitchen areas, creating a bright and airy space ideal for both relaxation and entertaining. Large windows flood the interior with natural light, enhancing the clean, contemporary aesthetic. Located in a boutique building with world-class amenities, residents enjoy access to a concierge, yoga studio, gym, private entertainment room, outdoor lounge with BBQs and dining space, guest suites, car wash hub, EV-charging stations, bicycle storage, visitor parking, and high-speed Rogers Fiber Optic Internet included in the condo fees. This prime Port Credit location offers the best of waterfront living, just a short walk to the lake, parks, restaurants, shops, banks, and GO Transit. With easy access to the QEW and 403, as well as nearby trails, marinas, golf courses, Humber College, and the University of Toronto, everything you need is within reach. Families will also appreciate the excellent schools in the area, making this a truly exceptional place to call home.
MississaugaInvestor.ca
1008- 1063 Douglas McCurdy Common
Condo Apartment · 2bd/3ba · ~1,100 sqft
$849,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.48%
Monthly Cash Flow
-$2,858/mo
Estimated Rent
$2,800/mo
Cash-on-Cash
-18.41%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,800 |
| Mortgage | −$3,908 |
| Property Tax | −$594 |
| Insurance | −$225 |
| Condo Fee | −$791 |
| Vacancy (5%) | −$140 |
| Cash Flow | -$2,858/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,600 |
| Vacancy (5%) | −$1,680 |
| Property Tax | −$7,132 |
| Insurance | −$2,700 |
| Condo Fee | −$9,492 |
| Annual NOI | $12,596 |
| Cap Rate | 1.48% |
Cash Required to Close
| Down Payment (20%) | $169,800 |
| Ontario Land Transfer Tax | $13,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $186,255 |
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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