90 Absolute Avenue 1505, Mississauga

$389,900
90 Absolute Avenue 1505

$389,900

New
3d
Condo ApartmentApartment

90 Absolute Avenue 1505, Mississauga

Total Monthly Obligation $2,843

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
3d
Score
18
Yield
7.0%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-W14098364
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,165.8 (2026)
Maintenance-$806.55/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-THE DIAMOND REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Welcome to this immaculate 1 bedroom plus den suite in the centre of Mississauga, perfectly situated just steps from anincredible array of everyday conveniences. Enjoy unparalleled access to Square One Shopping Centre, MiWay Bus Terminal, Go Buses, parks,schools, Sheridan College and so much more. This bright, spacious unit features a large open concept layout with a generous primarybedroom and a versatile den offering endless possibilities: ideal for a WFH office, nursery, second bedroom or additional living space. Enjoyclear, open views and a fantastic location that puts everything you need right at your doorstep. Extensive building amenities including pools,gym, concierge, theater, guest suited and more. A wonderful opportunity for first-time buyers, professionals, students, investors or anyonelooking to enjoy the convenience and lifestyle of central Mississauga.

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

Closing Costs

Mortgage Amount
$311,920
Land Transfer Taxes$4,324
Legal Fees (Est.)
$
Total cash required for closing$83,804

Total Monthly Obligation

$2,843/mo
Mortgage $1,573
Monthly Loss $2,429
Principal$414
Interest$1,159
Property Tax$264
Condo Fees$807
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
7.2%19
10-Year IRR
8.8%
Returns Index
10.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$27,456/yr
NOI
$9,466/yr
Net Cash Flow
-$784/mo
Cash Margin
-34.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
26.9/ 100

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

Comparables

Properties near 90 Absolute Avenue 1505

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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Data last updated within the past 24 hours.