1062 Douglas McCurdy Common Unit 227, Mississauga

Price: $659,990

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W12894972

Modern 2-bedroom, 2-bathroom open-concept townhouse in the highly sought-after Lakeview community, just steps to the beach, lake access, and scenic waterfront trails. This home is only 2 years old and showcases 9-ft ceilings, oversized windows, hardwood flooring throughout, and elegant oak staircase, along with the added convenience of main-floor laundry. The thoughtfully designed kitchen features quartz countertops, stainless steel appliances, a walk-in pantry, and a spacious island with seating for four or more, perfect for entertaining. Includes one underground heated parking space. Low maintenance fees cover building insurance, common elements, visitor parking, and playground. Unbeatable location just off Lakeshore, directly across from Walmart and Metro, and minutes to transit, Port Credit GO, parks, shops, and restaurants, with quick access to the QEW, 401, 403, and 427. Just move in and enjoy!

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$659,990 - 1062 Douglas McCurdy Common Unit 227, Mississauga

Condo for Sale in Mississauga

2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W12894972
Property Type
Condo
Status
active
Days on Site
18
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
Ensuite
Exposure
West
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Modern 2-bedroom, 2-bathroom open-concept townhouse in the highly sought-after Lakeview community, just steps to the beach, lake access, and scenic waterfront trails. This home is only 2 years old and showcases 9-ft ceilings, oversized windows, hardwood flooring throughout, and elegant oak staircase, along with the added convenience of main-floor laundry. The thoughtfully designed kitchen features quartz countertops, stainless steel appliances, a walk-in pantry, and a spacious island with seating for four or more, perfect for entertaining. Includes one underground heated parking space. Low maintenance fees cover building insurance, common elements, visitor parking, and playground. Unbeatable location just off Lakeshore, directly across from Walmart and Metro, and minutes to transit, Port Credit GO, parks, shops, and restaurants, with quick access to the QEW, 401, 403, and 427. Just move in and enjoy!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,386.09/mo

Includes CMHC insurance ($18,414)

$
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5%10%50%

5-yr fixed avg.

Principal: $593,991Interest: $403,423
Mortgage Amount$612,405
Total Interest$403,423
Est. Property Tax$467/mo
Total Cost$1,015,827

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

1062 Douglas McCurdy Common Unit 227, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$467
Insurance (est.)-$137
Net Cash Flow+$1,091

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 $733/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 18 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 900 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 $2,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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