50 Absolute Avenue 603, Mississauga

$338,999
50 Absolute Avenue 603

$338,999

New
7d
Condo ApartmentApartment

50 Absolute Avenue 603, Mississauga

Total Monthly Obligation $2,638

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
7d
Score
19
Yield
8.0%
Cash on Cash
-3.8%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.2%
Property Type-Condo Apartment
MLS® Number-W14085984
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,002.61 (2026)
Maintenance-$819.94/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-FLEX
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 603 at 50 Absolute Ave! This freshly painted, spacious 1-bedroom, 1-bathroom unit offers 680 sq. ft. of thoughtfully designed living space, complete with 1 parking space and 1 locker. Enjoy views of the CN Tower from the comfort of your home, filling the space with natural light and an impressive city backdrop. Residents can enjoy an exceptional array of amenities, including a fitness centre, indoor and outdoor pools, party rooms, basketball and squash courts, and a 24-hour concierge service. Ideally located just steps from Square One Shopping Centre, Celebration Square, restaurants, shops, and transit, with easy access to major highways. Benefit from the future Hurontario LRT line, bringing even greater connectivity and convenience to the area. A perfect opportunity for first-time buyers, professionals, or investors looking to own in one of Mississauga's most iconic communities. *Photos & Staging from Previous Listing, Unit is Vacant*

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$271,199
Land Transfer Taxes$3,560
Legal Fees (Est.)
$
Total cash required for closing$72,860

Total Monthly Obligation

$2,638/mo
Mortgage $1,367
Monthly Loss $2,278
Principal$360
Interest$1,008
Property Tax$250
Condo Fees$820
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
8.3%25
10-Year IRR
9.7%
Returns Index
13.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$27,048/yr
NOI
$9,101/yr
Net Cash Flow
-$609/mo
Cash Margin
-27.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
28.8/ 100

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

Comparables

Properties near 50 Absolute Avenue 603

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.

Data is provided courtesy of PropTx.

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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.