60 Absolute Avenue 706, Mississauga

$489,000
60 Absolute Avenue 706

$489,000

Price Change
20d
Condo ApartmentApartment

60 Absolute Avenue 706, Mississauga

Total Monthly Obligation $3,509

Bed+Den
3+1
Baths
2
Park
1
Sqft
900-999
DOM
20d
Score
17
Yield
6.7%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Condo Apartment
MLS® Number-W13858056
Bed+Den-3+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 3, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,752.92 (2026)
Maintenance-$1,023.71/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Other
Possession-30/60/Flex
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Spacious Luxury 2 Bdrm+Den Suite With All Good Finishing. Award Winning Tower With 30,000 Sqft Amenities. Huge Window And Balcony W/ Fabulous Views With Lots of Nature Lights. 12 Ft Ceilings W/ Big Windows. 3 W/O To Balcony. Walk To Square One Shopping Centre, Library, Living Art Centre, Ymca, City Hall. Go Bus & Public Transit Centre Terminal. 403 Hwy Access. Gourmet Kit W/ Granite Counter Tops, High End S/S App. All Quality Floors. 5 Star Amenities, Include: Indoor Pools, Hot Tub, Steam Rooms, Squash Courts, Indoor Running Track, Basketball Court, Spa, Library.

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

Closing Costs

Mortgage Amount
$391,200
Land Transfer Taxes$6,255
Legal Fees (Est.)
$
Total cash required for closing$105,555

Total Monthly Obligation

$3,509/mo
Mortgage $1,972
Monthly Loss $2,990
Principal$519
Interest$1,453
Property Tax$313
Condo Fees$1,024
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-11.9%0
5-Year IRR
6.7%17
10-Year IRR
8.4%
Returns Index
9.6/ 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
$32,880/yr
NOI
$11,155/yr
Net Cash Flow
-$1,043/mo
Cash Margin
-38.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
22.5/ 100

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

Comparables

Properties near 60 Absolute Avenue 706

Time

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Data last updated within the past 24 hours.