
1803- 60 Absolute Avenue, Mississauga
City Centre · Investor guide
$499,000
Estimated Value
$423,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
1
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
City views. Corner suite. Resort-style living. Welcome to this stunning southwest corner suite in the iconic Absolute community, where natural light pours through expansive windows and every sunset becomes part of your daily routine. Freshly painted and enhanced with new modern light fixtures, this move-in-ready 2+1 bedroom, 2 bathroom condo offers approximately 1,050 sq. ft. of interior living space plus an impressive 280 sq. ft. wraparound balcony, creating exceptional indoor-outdoor living with breathtaking city views. The sleek kitchen features granite countertops, stainless steel appliances, and overlooks the spacious open-concept living and dining area with walk-out to the expansive balcony-perfect for entertaining, dining al fresco, or simply taking in the panoramic skyline. The oversized primary retreat boasts a walk-in closet and private ensuite, while the second bedroom also enjoys direct access to the balcony. Need extra space? The separate den is ideal as a home office, guest room, or creative studio. Complete with owned underground parking and a locker, this exceptional suite offers access to world-class amenities including a 24-hour concierge, indoor and outdoor pools, a fully equipped fitness centre, squash and racquet courts, basketball court, party room, theatre, guest suites, and more. Located just steps from Square One, Celebration Square, Sheridan College, restaurants, cafés, parks, transit, and major highways, this home offers the perfect blend of luxury, convenience, and urban living. Whether you're a professional, downsizer, or investor, this is your opportunity to own one of Mississauga's most desirable condo lifestyles.
MississaugaInvestor.ca
1803- 60 Absolute Avenue
Condo Apartment · 3bd/2ba · ~1,100 sqft
$499,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.7%
Monthly Cash Flow
-$1,174/mo
Estimated Rent
$2,950/mo
Cash-on-Cash
-12.89%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,950 |
| Mortgage | −$2,297 |
| Property Tax | −$349 |
| Insurance | −$225 |
| Condo Fee | −$1,105 |
| Vacancy (5%) | −$148 |
| Cash Flow | -$1,174/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$35,400 |
| Vacancy (5%) | −$1,770 |
| Property Tax | −$4,192 |
| Insurance | −$2,700 |
| Condo Fee | −$13,260 |
| Annual NOI | $13,478 |
| Cap Rate | 2.7% |
Cash Required to Close
| Down Payment (20%) | $99,800 |
| Ontario Land Transfer Tax | $6,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,255 |
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
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