70 Absolute Avenue 1406, Mississauga

$499,900
70 Absolute Avenue 1406

$499,900

New
28d
Condo ApartmentApartment

70 Absolute Avenue 1406, Mississauga

Total Monthly Obligation $3,616

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
28d
Score
17
Yield
6.9%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Condo Apartment
MLS® Number-W13828334
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,600 (2026)
Maintenance-$1,100/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Bright corner suite in the Absolute community, offering over 1,000 sq. ft. plus a large balcony with northwest views. This two-bedroom-plus-den, two-bathroom condo features nine-foot ceilings with crown moulding, large windows, laminate flooring throughout and no carpet. The kitchen has a centre island, granite countertops and stainless steel appliances. One parking space and one locker are included; maintenance fees cover water, heat, hydro and parking.Residents enjoy 24-hour gated security, indoor and outdoor pools, a gym, basketball and squash courts, a running track, saunas, a spa, theatre, billiards room, library and party room. Walk to Square One, Sheridan College, transit, restaurants and shopping, with convenient access to Highways 403, 401, 407 and the QEW.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$3,616/mo
Mortgage $2,016
Monthly Loss $3,086
Principal$531
Interest$1,486
Property Tax$300
Condo Fees$1,100
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.9%18
10-Year IRR
8.6%
Returns Index
10.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,368/yr
NOI
$11,731/yr
Net Cash Flow
-$1,039/mo
Cash Margin
-36.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
22.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 70 Absolute Avenue 1406

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.