1201- 80 Absolute Avenue, Mississauga
City Centre · Investor guide
$429,800
Estimated Value
$374,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by KW Living Realty
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
8
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
Experience Luxury City Living in the sought after Absolute Towers in Downtown Mississauga. This stunning northeast-facing suite offers breathtaking unobstructed views of the Toronto skyline, The CN Tower and Lake Ontario from the balcony Overlooking Cooksville Creek. Filled with natural light through floor-to-ceiling windows, layout features a modern kitchen with granite countertops and spacious bedrooms. 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) - A Large Indoor and Outdoor Pool, Hot Tub, Gym, Sauna, Basketball Court, 24hr Concierge Service and a Walking Trail Along The Creek Across The Road. Heat and Water included, 1 Parking and Locker Included! Pictures are virtually staged.
MississaugaInvestor.ca
1201- 80 Absolute Avenue
Condo Apartment · 2bd/2ba · ~750 sqft
$429,800
Cash-Flow Report · July 31, 2026
Cap Rate
2.65%
Monthly Cash Flow
-$1,030/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-13.14%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$1,978 |
| Property Tax | −$301 |
| Insurance | −$225 |
| Condo Fee | −$806 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$1,030/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$3,610 |
| Insurance | −$2,700 |
| Condo Fee | −$9,672 |
| Annual NOI | $11,378 |
| Cap Rate | 2.65% |
Cash Required to Close
| Down Payment (20%) | $85,960 |
| Ontario Land Transfer Tax | $5,071 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $94,031 |
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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