
1209- 70 Absolute Avenue, Mississauga
City Centre · Investor guide
$519,000
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 SUTTON GROUP REALTY SYSTEMS INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
13
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
Location Location Location! Welcome to this bright and beautiful 2-bedroom, 2 full bathroom corner unit in the Absolute World Community and located in the prime location of Mississauga. This stunning & spacious unit features almost 900 Sqft of space, an open concept layout with 9ft ceilings, lots of natural light and showcases stunning views. The modern kitchen is designed for both style and functionality, complete with sleek cabinetry, granite countertops, stainless steel appliances. Both kitchen & living room have walk out access to the balcony. Primary bedroom offers a private retreat feeling with 2 large closets and a 4-piece ensuite. The second bedroom is generously sized and ideal for family, guests, or a home office. Includes 1 underground parking space and 1 locker for additional storage. Residents enjoy access to world-class amenities, including a 24-hour concierge, indoor & outdoor swimming pools, a state-of-the-art fitness centre, basketball and squash courts, party rooms, theatre, guest suites, landscaped gardens, and ample visitor parking. Steps to Square One Shopping Centre, public transit, Celebration Square, Sheridan College, restaurants and the future Hurontario LRT. Mere minutes to Highways 403, 401, QEW, GO Transit, and Downtown Toronto. Bonus: All utilities are included in the maintenance fees.
MississaugaInvestor.ca
1209- 70 Absolute Avenue
Condo Apartment · 2bd/2ba · ~850 sqft
$519,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.76%
Monthly Cash Flow
-$1,628/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-17.19%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$2,389 |
| Property Tax | −$363 |
| Insurance | −$225 |
| Condo Fee | −$931 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$1,628/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$4,360 |
| Insurance | −$2,700 |
| Condo Fee | −$11,172 |
| Annual NOI | $9,128 |
| Cap Rate | 1.76% |
Cash Required to Close
| Down Payment (20%) | $103,800 |
| Ontario Land Transfer Tax | $6,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $113,655 |
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.