707- 1063 Douglas Mccurdy Comm N/A, Mississauga
Lakeview · Investor guide
$891,900
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
2
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! Great no non sense, Corner Unit, Open concept fully functional space consisting of expansive windows and oversized terraces creating a seamless Indoor/outdoor living experience, Soaring 10 Smooth finish Ceilings, full floor to ceiling windows with 2 bedroom, 2 full baths, 991 sq.ft. + MASSIVE WRAP AROUND 842 sq.ft TERRACE, ensuite laundry . High end building, modern finishes, Luxurious 7" wide plank, engineered laminate flooring, Upgraded 8' high 2 panel smooth skin interior suite doors, complete with satin nickel lever hardware, comes with parking & locker, steps to Lakeshore, shops, entertainment, restaurants, Lake Ontario, Port credit, as so so much more! Highly sought after area - 2 parking spaces. 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
707- 1063 Douglas Mccurdy Comm N/A
Condo Apartment · 2bd/2ba · ~950 sqft
$891,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.18%
Monthly Cash Flow
-$3,224/mo
Estimated Rent
$2,800/mo
Cash-on-Cash
-19.77%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,800 |
| Mortgage | −$4,105 |
| Property Tax | −$624 |
| Insurance | −$225 |
| Condo Fee | −$930 |
| Vacancy (5%) | −$140 |
| Cash Flow | -$3,224/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,600 |
| Vacancy (5%) | −$1,680 |
| Property Tax | −$7,492 |
| Insurance | −$2,700 |
| Condo Fee | −$11,160 |
| Annual NOI | $10,568 |
| Cap Rate | 1.18% |
Cash Required to Close
| Down Payment (20%) | $178,380 |
| Ontario Land Transfer Tax | $14,313 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $195,693 |
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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