60 Absolute Avenue 5301, Mississauga

$499,988
60 Absolute Avenue 5301

$499,988

New
24d
Condo ApartmentApartment

60 Absolute Avenue 5301, Mississauga

Total Monthly Obligation $3,399

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
24d
Score
17
Yield
6.0%
Cash on Cash
-8.1%
Cap Rate
2.8%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Condo Apartment
MLS® Number-W13838992
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,970.83 (2026)
Maintenance-$851.69/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Other)
Brokerage-REAL ONE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-1-29 days
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Welcome to this stunning 53rd-floor 2-bedroom, 2-bathroom suite with spectacular southeast views of Lake Ontario, the CN Tower and the city skyline! Enjoy an exceptional indoor-outdoor lifestyle with four separate walkouts to the wraparound balcony from both bedrooms, living room and dining area. Features include P1 parking, brand-new LifeProof Hybrid Resilient flooring, fresh paint throughout, and an upgraded Samsung Laundry Hub (2025). Resort-style amenities and an unbeatable City Centre location just minutes to Square One, transit, highways, restaurants and more. Visit www.60absolute.ca for more information about this iconic building. Listing Agent is one of the owners.

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

Closing Costs

Mortgage Amount
$399,990
Land Transfer Taxes$6,475
Legal Fees (Est.)
$
Total cash required for closing$107,973

Total Monthly Obligation

$3,399/mo
Mortgage $2,017
Monthly Loss $2,869
Principal$531
Interest$1,486
Property Tax$331
Condo Fees$852
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-13.0%0
5-Year IRR
5.8%14
10-Year IRR
7.6%
Returns Index
8.0/ 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
$29,856/yr
NOI
$10,279/yr
Net Cash Flow
-$1,160/mo
Cash Margin
-46.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.424
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
22.9/ 100

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

Comparables

Properties near 60 Absolute Avenue 5301

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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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.