90 Absolute Avenue 2605, Mississauga

$495,000
90 Absolute Avenue 2605

$495,000

New
17d
Condo ApartmentApartment

90 Absolute Avenue 2605, Mississauga

Total Monthly Obligation $3,819

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
17d
Score
16
Yield
6.9%
Cash on Cash
-8.8%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.2%
Property Type-Condo Apartment
MLS® Number-W13875344
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,657.51 (2025)
Maintenance-$1,233.8/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Welcome to this classically elegant Lower Penthouse in the iconic Absolute Condos, also known as the Marilyn Monroe Towers. Enjoy soaring 10 ft ceilings, crown mouldings, and laminate flooring throughout this spacious 2 plus 1 bedroom suite. The den with French doors functions perfectly as a third bedroom or home office. The stylish kitchen features granite countertops and stainless steel appliances. The primary bedroom offers a five-piece ensuite and walk-in closet, while both bathrooms feature marble floors and glass showers. Step out onto the large balcony with two walkouts and take in stunning southwest views of the lake and downtown Mississauga. Includes one parking space, two lockers, and access to premium amenities including indoor and outdoor pools, a gym, and more. Perfect for first time home buyers or investors!! If you are looking for big space with less down payment this is your best bet where luxury meets practical and functional layout!! Freshly painted!! Beautiful views of celebration square!!A must must see!!!

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Closing Costs

Mortgage Amount
$396,000
Land Transfer Taxes$6,375
Legal Fees (Est.)
$
Total cash required for closing$106,875

Total Monthly Obligation

$3,819/mo
Mortgage $1,997
Monthly Loss $3,293
Principal$525
Interest$1,471
Property Tax$388
Condo Fees$1,234
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.0%0
5-Year IRR
5.2%11
10-Year IRR
7.3%
Returns Index
6.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$34,368/yr
NOI
$9,068/yr
Net Cash Flow
-$1,241/mo
Cash Margin
-43.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
20.6/ 100

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

Comparables

Properties near 90 Absolute Avenue 2605

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.

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Data last updated within the past 24 hours.