4804- 60 Absolute Avenue, Mississauga
City Centre · Investor guide
$449,000
Estimated Value
$374,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by KW Living Realty
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
15
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,400/mo
Based on City Centre neighbourhood rental data for 2-bed Condo Apartment
Remarks
Luxury City Living From The 48th floor of Mississauga's Most Iconic and Sought After Absolute Towers. Experience Living Above The Clouds Certain Times a year! This stunning southeast-facing suite offers breathtaking unobstructed views of the Toronto skyline, Celebration Square and Lake Ontario from an expansive wrap-around balcony. Filled with natural light through floor-to-ceiling windows, layout features a modern kitchen with granite countertops, spacious bedrooms, and seamless indoor-outdoor living. Wake up to incredible sunrises and enjoy spectacular city views day and night. Located just steps to Square One, restaurants, entertainment, transit, and major highways. This beautifully maintained condo offers the perfect blend of lifestyle, convenience, and luxury. This is a Must See Suite W/Exceptional Amenities (30,000 sqft of Amenities) - A Stunning Panoramic View From The 50th Floor Lounge, Large Indoor and Outdoor Pool, Hot Tub, Gym, Sauna, Basketball Court, 24hr Concierge Service and a Walking Trail With a Creek Across The Road. Heat and Water included, 1 Parking and Locker Included!
MississaugaInvestor.ca
4804- 60 Absolute Avenue
Condo Apartment · 2bd/1ba · ~850 sqft
$449,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.42%
Monthly Cash Flow
-$1,161/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-14.18%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$2,067 |
| Property Tax | −$314 |
| Insurance | −$225 |
| Condo Fee | −$835 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$1,161/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$3,772 |
| Insurance | −$2,700 |
| Condo Fee | −$10,020 |
| Annual NOI | $10,868 |
| Cap Rate | 2.42% |
Cash Required to Close
| Down Payment (20%) | $89,800 |
| Ontario Land Transfer Tax | $5,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $98,255 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.