80 Absolute Avenue Unit 1303, Mississauga

Price: $589,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W12904692

This expansive 2-bedroom, 2-bathroom residence offers refined design, premium finishes, floor-to-ceiling windows, and breathtaking panoramic views, perfect for homeowners seeking an elevated urban lifestyle in the heart of Mississauga. Step inside to a bright, inviting living space, bathed in natural light from its sunny east-facing exposure, with a private open balcony accessible from both the gourmet kitchen and living room, offering mesmerizing city skyline views, including lush greenery and even the CN Tower ideal for entertaining guests or enjoying quiet, tranquil moments. The kitchen boasts gleaming granite countertops, full-sized stainless steel appliances (upgraded in 2022), and ample cabinetry, all seamlessly integrated with the open-concept living and dining area. The suite features one bathroom with a standing shower and another with a full-sized tub, providing versatility for both quick routines and relaxing soaks, while a new-style ThinQ LG large-capacity stacked washer and dryer (upgraded in 2023) handles big loads while maximizing space. Soaring 9-foot ceilings throughout enhance the sense of grandeur and openness, while central air conditioning and efficient gas heating ensure year-round comfort. Ownership includes exclusive access to the Absolute Club, a sprawling 30,000 sq ft recreational oasis featuring indoor and outdoor pools, a whirlpool, spa, steam rooms, saunas, squash and basketball courts, a theatre room, guest suites, a sun deck with BBQs, and a naturally lit fitness centre equipped with cardio machines, weight training equipment, and an indoor running track. With 24-hour concierge service and top-tier security, peace of mind and convenience come standard. Ideally located just steps from Square One Shopping Centre and within immediate reach of MiWay, GO Transit, highways 403, 401, and the QEW, plus the upcoming Hurontario LRT, commuting is effortless, and this exceptional suite includes one storage locker and underground parking.

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$589,000 - 80 Absolute Avenue Unit 1303, Mississauga

Condo for Sale in Mississauga

2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
W12904692
Property Type
Condo
Status
active
Days on Site
16
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
HOUSESIGMA INC.
Description

This expansive 2-bedroom, 2-bathroom residence offers refined design, premium finishes, floor-to-ceiling windows, and breathtaking panoramic views, perfect for homeowners seeking an elevated urban lifestyle in the heart of Mississauga. Step inside to a bright, inviting living space, bathed in natural light from its sunny east-facing exposure, with a private open balcony accessible from both the gourmet kitchen and living room, offering mesmerizing city skyline views, including lush greenery and even the CN Tower ideal for entertaining guests or enjoying quiet, tranquil moments. The kitchen boasts gleaming granite countertops, full-sized stainless steel appliances (upgraded in 2022), and ample cabinetry, all seamlessly integrated with the open-concept living and dining area. The suite features one bathroom with a standing shower and another with a full-sized tub, providing versatility for both quick routines and relaxing soaks, while a new-style ThinQ LG large-capacity stacked washer and dryer (upgraded in 2023) handles big loads while maximizing space. Soaring 9-foot ceilings throughout enhance the sense of grandeur and openness, while central air conditioning and efficient gas heating ensure year-round comfort. Ownership includes exclusive access to the Absolute Club, a sprawling 30,000 sq ft recreational oasis featuring indoor and outdoor pools, a whirlpool, spa, steam rooms, saunas, squash and basketball courts, a theatre room, guest suites, a sun deck with BBQs, and a naturally lit fitness centre equipped with cardio machines, weight training equipment, and an indoor running track. With 24-hour concierge service and top-tier security, peace of mind and convenience come standard. Ideally located just steps from Square One Shopping Centre and within immediate reach of MiWay, GO Transit, highways 403, 401, and the QEW, plus the upcoming Hurontario LRT, commuting is effortless, and this exceptional suite includes one storage locker and underground parking.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,021.88/mo

Includes CMHC insurance ($16,433)

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5-yr fixed avg.

Principal: $530,100Interest: $360,029
Mortgage Amount$546,533
Total Interest$360,029
Est. Property Tax$417/mo
Total Cost$906,563

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

80 Absolute Avenue Unit 1303, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$417
Insurance (est.)-$123
Net Cash Flow+$1,140

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $736/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

Investment Perspective

Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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