
2607- 80 Absolute Avenue, Mississauga
City Centre · Investor guide
$499,999
Estimated Value
$423,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE FRONTIER REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
17
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,950/mo
Based on City Centre neighbourhood rental data for 3-bed Condo Apartment
Remarks
Exceptional 2 Bedroom + Den, 2 Bathroom Condo at 80 Absolute Avenue, Suite 2607 Absolute Vision Tower, Mississauga. Perched on the 26th floor, this luxurious suite offers breathtaking panoramic views of downtown Mississauga, the Toronto skyline, and Lake Ontario. The spacious open-concept layout features floor-to-ceiling windows and a wrap-around balcony accessible from every room, perfect for enjoying stunning sunrises and sunsets. The gourmet kitchen boasts stainless steel appliances, granite countertops, and ample cabinetry, ideal for entertaining and everyday living. The versatile den provides an excellent home office, guest room, or creative space. Residents enjoy exclusive access to the 30,000 sq ft Absolute Club amenities, including indoor and outdoor pools, whirlpool, spa, state-of-the-art fitness centre, running track, squash and basketball courts, steam rooms, sauna, sun deck with BBQs, theatre room, guest suites, and more. Located steps from Square One Shopping Centre, major highways, and the upcoming Hurontario LRT, this address combines luxury, convenience, and vibrant urban living. Don't miss this rare opportunity to own a prestigious suite in one of Mississauga's premier high-rise communities.
MississaugaInvestor.ca
2607- 80 Absolute Avenue
Condo Apartment · 3bd/2ba · ~950 sqft
$499,999
Cash-Flow Report · July 31, 2026
Cap Rate
2.93%
Monthly Cash Flow
-$1,082/mo
Estimated Rent
$2,950/mo
Cash-on-Cash
-11.86%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,950 |
| Mortgage | −$2,301 |
| Property Tax | −$350 |
| Insurance | −$225 |
| Condo Fee | −$1,008 |
| Vacancy (5%) | −$148 |
| Cash Flow | -$1,082/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$35,400 |
| Vacancy (5%) | −$1,770 |
| Property Tax | −$4,200 |
| Insurance | −$2,700 |
| Condo Fee | −$12,096 |
| Annual NOI | $14,634 |
| Cap Rate | 2.93% |
Cash Required to Close
| Down Payment (20%) | $99,999.8 |
| Ontario Land Transfer Tax | $6,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,474.8 |
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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