
248- 1075 Douglas Mccurdy Common, Mississauga
Lakeview · Investor guide
$749,990
Estimated Value
$831,000
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
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 Townhouse
Remarks
Embrace the allure of lakeside living in Port Credit, Ontario! This inviting two-story townhome built by the Kingsmen Group. Experience modern living in the heart of beautiful Port Credit with this exceptional stacked townhome offering 1,567 sq.ft. of thoughtfully designed interior living space and an incredible 415 sq.ft. private rooftop terrace. The bright, open-concept main level seamlessly connects the kitchen, living, and dining areas, creating the perfect space for everyday living and effortless entertaining. Upstairs, you'll find two spacious bedrooms and two well-appointed 4-piece bathrooms, providing comfort and privacy for family members or guests. The expansive rooftop terrace is a true highlight, offering an exceptional outdoor retreat for relaxing, dining, entertaining, or enjoying the surrounding views. ATTENTION! ATTENTION! This property is available for the governments first time home buyer GST rebate. That's correct first time home buyers will get a 5% GST rebate! NOTE: this rebate ONLY applies to New Home Builder Direst Purchase, does NOT apply to resale units.
MississaugaInvestor.ca
248- 1075 Douglas Mccurdy Common
Condo Townhouse · 2bd/3ba · ~1,500 sqft
$749,990
Cash-Flow Report · July 31, 2026
Cap Rate
2.32%
Monthly Cash Flow
-$2,002/mo
Estimated Rent
$2,800/mo
Cash-on-Cash
-14.61%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,800 |
| Mortgage | −$3,452 |
| Property Tax | −$525 |
| Insurance | −$225 |
| Condo Fee | −$460 |
| Vacancy (5%) | −$140 |
| Cash Flow | -$2,002/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,600 |
| Vacancy (5%) | −$1,680 |
| Property Tax | −$6,300 |
| Insurance | −$2,700 |
| Condo Fee | −$5,520 |
| Annual NOI | $17,400 |
| Cap Rate | 2.32% |
Cash Required to Close
| Down Payment (20%) | $149,998 |
| Ontario Land Transfer Tax | $11,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $164,473 |
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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