138- 1060 Douglas Mccurdy Common, Mississauga
Lakeview · Investor guide
$634,990
Estimated Value
$893,000
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 Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,400/mo
Based on Lakeview neighbourhood rental data for 3-bed Condo Townhouse
Remarks
Embrace this allure of lakeside living in Port Credit/Mississauga, Ontario! Minutes to Lake Ontario, Marina, Eateries, & so much more! Welcome to this bright and spacious 3-bedroom, 2-bathroom stacked townhome, ideally located just steps from the lake. Filled with natural light from its large windows, this inviting home offers a functional layout with two full bathrooms for added comfort and convenience. Complete with one underground parking space. With waterfront parks and recreational activities just moments away, this home offers the epitome of comfort and convenience. Don't hesitate! Minutes from walking trails, parks, marina, docks & Lake Ontario! 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
138- 1060 Douglas Mccurdy Common
Condo Townhouse · 3bd/2ba · ~1,300 sqft
$634,990
Cash-Flow Report · July 31, 2026
Cap Rate
4.11%
Monthly Cash Flow
-$750/mo
Estimated Rent
$3,400/mo
Cash-on-Cash
-6.47%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,400 |
| Mortgage | −$2,923 |
| Property Tax | −$445 |
| Insurance | −$225 |
| Condo Fee | −$387 |
| Vacancy (5%) | −$170 |
| Cash Flow | -$750/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,800 |
| Vacancy (5%) | −$2,040 |
| Property Tax | −$5,334 |
| Insurance | −$2,700 |
| Condo Fee | −$4,644 |
| Annual NOI | $26,082 |
| Cap Rate | 4.11% |
Cash Required to Close
| Down Payment (20%) | $126,998 |
| Ontario Land Transfer Tax | $9,175 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $139,173 |
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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