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704 - 1063 Douglas McCurdy Common
Lakeview, Mississauga
$984,600
WELCOME TO RISE AT STRIDE! Builder Sale - Never Lived In! This stunning 2-bedroom + den, 2.5-bathroom suite features a functional layout, modern finishes, and an expansive 371 sq. ft. terrace, perfect for outdoor entertaining and relaxation. Enjoy floor-to-ceiling windows, engineered laminate flooring, and an integrated fridge and dishwasher for a sleek, contemporary look. Includes 2 parking spaces and 1 locker for added convenience. Ideally located just steps from the Lake Ontario waterfront, marina, shops, restaurants, and entertainment, with everything you need right at your doorstep. An exceptional opportunity to own a brand-new suite in a highly sought-after community! Important Update: Following the government's announcement regarding the removal of HST from new home sales, pricing has been adjusted accordingly. Please note that the purchase price excludes HST. Conditions apply.
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What the bank counts
This home's estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,040
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Condo fees, half counted
- $516
- Housing costs
- $5,706 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$176,000
gross annual household income
- Payment at 4%
- $4,143 / mo
- Cash down
- $196,920
Assumes no other monthly debts · 25-yr amortization
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