1063 Douglas McCurdy Common 513, Mississauga

$649,900
1063 Douglas McCurdy Common 513

$649,900

New
23d
Condo ApartmentApartment

1063 Douglas McCurdy Common 513, Mississauga

Total Monthly Obligation $3,972

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
23d
Score
17
Yield
5.5%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Condo Apartment
MLS® Number-W13842768
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$5,015 (2026)
Maintenance-$733/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-Century 21 Realty Centre
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Lakeview
Title-Residential Condo & Other

No agent assigned

Welcome to elevated living in the heart of Port Credit! This bright and beautifully designed 2 bedrooms suite offers modern finishes, abundant natural light, in-suite laundry, 1 parking space and 1 locker. Inspired by its waterfront surroundings, the building showcases graceful finishes and sophisticated details that subtly reflect the beauty, fluidity and calm of the lake. Residents enjoy access to exceptional social and lifestyle amenities designed for both everyday living and entertaining. The Rise Club offers a welcoming space for dinner parties, game nights and gatherings with family and friends, featuring a full kitchen, dining area, comfortable lounge spaces, double-sided fireplace and game zone. A guest suite is also available for visiting family and friends. Step outside to the private social patio, complete with intimate seating alcoves-perfect for relaxing on warm summer evenings. Stay active in the Fitness Centre, featuring weights, cardio equipment and dedicated stretching space. Ideally located just down the road from the Port Credit waterfront, enjoy easy access to scenic waterfront trails, relaxing parks, charming restaurants, cafes, shops and more. The waterfront trails are approximately a 12-minute walk or 3-minute bike ride away, while the Port Credit waterfront is approximately a 6-minute drive. Commuters will appreciate the convenient proximity to Port Credit GO Station, with access to the Lakeshore West line and approximately 30-minute train rides to Downtown Toronto. A wonderful opportunity to enjoy bright, modern living with exceptional amenities and the Port Credit waterfront lifestyle right at your doorstep.

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$
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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,972/mo
Mortgage $2,622
Monthly Loss $3,283
Principal$690
Interest$1,932
Property Tax$418
Condo Fees$733
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
7.0%18
10-Year IRR
8.4%
Returns Index
10.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$35,424/yr
NOI
$15,671/yr
Net Cash Flow
-$1,316/mo
Cash Margin
-44.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
20.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1063 Douglas McCurdy Common 513

Time

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