1208- 1063 DOUGLAS MCCURDY COMM N/A, Mississauga
Lakeview · Investor guide
$768,000
Estimated Value
$659,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE CITIZEN REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
3
Days on Market
7
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 RISE AT STRIDE in Mississauga/Port Credit. Great no non sense open concept floor plan with 2 bedroom, 3 baths, 1024 sq.ft. + 45 sq.ft balcony, ensuite laundry . High end building. full floor to ceiling windows, W/O balcony to beautiful unobstructed views, modern finishes, NO carpet, comes with parking & locker, steps to Lakeshore, shops, entertainment, restaurants, Lake Ontario, Marina, and so so much more! Important Update: Following the government's announcement regarding the removal of HST from new home sales, we have adjusted our pricing accordingly. Please note that the purchase price now excludes HST (conditions apply).
MississaugaInvestor.ca
1208- 1063 DOUGLAS MCCURDY COMM N/A
Condo Apartment · 2bd/3ba · ~1,100 sqft
$768,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.72%
Monthly Cash Flow
-$2,433/mo
Estimated Rent
$2,800/mo
Cash-on-Cash
-17.33%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,800 |
| Mortgage | −$3,535 |
| Property Tax | −$538 |
| Insurance | −$225 |
| Condo Fee | −$795 |
| Vacancy (5%) | −$140 |
| Cash Flow | -$2,433/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,600 |
| Vacancy (5%) | −$1,680 |
| Property Tax | −$6,451 |
| Insurance | −$2,700 |
| Condo Fee | −$9,540 |
| Annual NOI | $13,229 |
| Cap Rate | 1.72% |
Cash Required to Close
| Down Payment (20%) | $153,600 |
| Ontario Land Transfer Tax | $11,835 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $168,435 |
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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