50 Absolute Avenue 2503, Mississauga

$518,800
50 Absolute Avenue 2503

$518,800

New
28d
Condo ApartmentApartment

50 Absolute Avenue 2503, Mississauga

Total Monthly Obligation $3,554

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
28d
Score
17
Yield
6.1%
Cash on Cash
-7.9%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.7%
Property Type-Condo Apartment
MLS® Number-W13829638
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,459 (2026)
Maintenance-$973/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-PROPERTY.CA INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Metal/Steel Siding
Possession-Flexible
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Bright and spacious 2 bedroom, 2 bathroom suite in one of Mississauga's most iconic landmark condominiums! Enjoy breathtaking panoramic lake and Toronto skyline views from the expansive unit wide balcony, with floor to ceiling windows filling the open concept space with natural light. Ideally located just steps from Square One Shopping Centre, with easy access to transit, dining, entertainment, and major highways. Residents enjoy over 30,000 sq. ft. of premium resort style amenities, offering an exceptional lifestyle in the heart of Mississauga.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$415,040
Land Transfer Taxes$6,851
Legal Fees (Est.)
$
Total cash required for closing$112,111

Total Monthly Obligation

$3,554/mo
Mortgage $2,093
Monthly Loss $3,003
Principal$551
Interest$1,542
Property Tax$288
Condo Fees$973
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.7%0
5-Year IRR
6.0%14
10-Year IRR
7.8%
Returns Index
8.4/ 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
$31,668/yr
NOI
$10,966/yr
Net Cash Flow
-$1,179/mo
Cash Margin
-44.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
22.1/ 100

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

Comparables

Properties near 50 Absolute Avenue 2503

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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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.