80 Absolute Avenue 1409, Mississauga

$459,000
80 Absolute Avenue 1409

$459,000

New
7d
Condo ApartmentApartment

80 Absolute Avenue 1409, Mississauga

Total Monthly Obligation $3,277

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
7d
Score
18
Yield
7.2%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Condo Apartment
MLS® Number-W14087698
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,516 (2025)
Maintenance-$932.62/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-No
Pool-None
Exterior-Concrete
Possession-60days/TBD
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Beautiful corner unit featuring 2 bedrooms, 2 full bathrooms, offering over 870 sq. ft. of bright, open-concept living. This well-maintained home boasts 9-ft ceilings, dark engineered flooring, mirrored bedroom closets, and a modern eat-in kitchen with granite countertops, undermount sink, ceramic backsplash, kitchen appliances, and pantry. Walk out to a spacious balcony with breathtaking panoramic views, perfect for relaxing or entertaining.Enjoy exceptional building amenities including 24-hour security, fitness centre, indoor swimming pool, basketball court, spa and steam rooms, party/rec room, and more.Unbeatable location-steps to Square One, Celebration Square, YMCA, Central Library, Sheridan College, Mississauga & GO Transit, and minutes to Hwy 403/401 and the upcoming LRT.A fantastic opportunity combining space, views, amenities, and convenience.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$367,200
Land Transfer Taxes$5,655
Legal Fees (Est.)
$
Total cash required for closing$98,955

Total Monthly Obligation

$3,277/mo
Mortgage $1,851
Monthly Loss $2,790
Principal$487
Interest$1,364
Property Tax$293
Condo Fees$933
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.7%1
5-Year IRR
8.4%25
10-Year IRR
9.6%
Returns Index
13.7/ 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
$33,024/yr
NOI
$12,614/yr
Net Cash Flow
-$800/mo
Cash Margin
-29.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
24.3/ 100

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

Comparables

Properties near 80 Absolute Avenue 1409

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.