1060 Douglas Mccurdy Common Unit 134, Mississauga

Price: $559,000

2 bedrooms, 2 bathrooms

800 sq ft

Property Type: Condo

MLS#: W12560452

This 2 bedroom 2 full bathroom Condominium Townhouse has low maintenance fees, walking distance to half a dozen lakeside parks and the Waterfront Trail. Just a minute drive to Port Credit and the Port Credit GO Station. Right across a shopping center with Walmart, Coffee Culture, Orange Theory etc. Cozy living room and an ample sized kitchen with lots of storage. An entrance/exit in both the 1st and 2nd floor. Built by Kingsmen Group. Easy access to downtown Toronto and various public transport. Very new residential complex surrounded by lifestyle stores such as coffee shops and fitness clubs. This is your opportunity to have a Lakeshore area address. Perfect for anyone who work locally as well as downtown but is looking for a more peaceful home.

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$559,000 - 1060 Douglas Mccurdy Common Unit 134, Mississauga

Condo for Sale in Mississauga

32 days on market
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
W12560452
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
South East
Balcony
Terrace
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

This 2 bedroom 2 full bathroom Condominium Townhouse has low maintenance fees, walking distance to half a dozen lakeside parks and the Waterfront Trail. Just a minute drive to Port Credit and the Port Credit GO Station. Right across a shopping center with Walmart, Coffee Culture, Orange Theory etc. Cozy living room and an ample sized kitchen with lots of storage. An entrance/exit in both the 1st and 2nd floor. Built by Kingsmen Group. Easy access to downtown Toronto and various public transport. Very new residential complex surrounded by lifestyle stores such as coffee shops and fitness clubs. This is your opportunity to have a Lakeshore area address. Perfect for anyone who work locally as well as downtown but is looking for a more peaceful home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,867.96/mo

Includes CMHC insurance ($15,596)

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5-yr fixed avg.

Principal: $503,100Interest: $341,692
Mortgage Amount$518,696
Total Interest$341,692
Est. Property Tax$396/mo
Total Cost$860,388

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1060 Douglas Mccurdy Common Unit 134, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$396
Insurance (est.)-$116
Net Cash Flow+$1,168

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $699/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

Investment Perspective

Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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