60 Absolute Avenue 4906, Mississauga

$399,000
60 Absolute Avenue 4906

$399,000

New
3d
Condo ApartmentApartment

60 Absolute Avenue 4906, Mississauga

Total Monthly Obligation $2,939

Bed+Den
2+1
Baths
2
Park
1
Sqft
700-799
DOM
3d
Score
18
Yield
7.2%
Cash on Cash
-5.3%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Condo Apartment
MLS® Number-W14099620
Bed+Den-2+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,677.11 (2026)
Maintenance-$823.01/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE NEW WORLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Welcome To The Iconic "Marilyn Monroe Towers" In The Heart Of Mississauga! The Bedroom-Sized Den Can Easily Be Used As A Second Bedroom, Home Office Or Guest Room, Making This Suite Feel Like A Two-Bedroom Apartment. Step Onto The Private Balcony And Enjoy Breathtaking, Unobstructed Views Of The CN Tower And Lake Ontario. Residents Also Benefit From Convenient Walk-Up Access To The Exclusive 50th-Floor Club And Its Luxurious Amenities. Ideally Located Just Minutes From Square One, Mississauga City Centre, Sheridan College, Public Transit, Major Highways, Restaurants And Everyday Conveniences. An Exceptional Opportunity To Enjoy Iconic Architecture, Spectacular Views And Urban Living In One Of Mississauga's Most Recognizable Buildings!

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

Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,939/mo
Mortgage $1,609
Monthly Loss $2,515
Principal$424
Interest$1,186
Property Tax$306
Condo Fees$823
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.5%21
10-Year IRR
9.0%
Returns Index
11.4/ 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
$28,788/yr
NOI
$9,956/yr
Net Cash Flow
-$780/mo
Cash Margin
-32.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
26.2/ 100

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

Comparables

Properties near 60 Absolute Avenue 4906

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.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

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

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.