1405-60 Absolute Avenue, Mississauga, ON

City Centre, Mississauga · MLS® W13579132

$439,900
For Sale
Just listed today
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

most recognizable addresses. This bright and spacious 2-bedroom condominium offers an open-concept layout designed for both comfortable everyday living and effortless entertaining. Floor-to-ceiling windows fill the home with natural light, while the contemporary kitchen features sleek cabinetry, quality finishes, and ample storage. The generous primary bedroom offers a relaxing retreat, complemented by a spacious second bedroom ideal for family, guests, or a home office. Resort-style amenities, including: Indoor and outdoor swimming pools Fully equipped fitness centre and weight room Basketball and squash courts Running track Party and games rooms and so much more! Perfectly situated in the heart of Mississauga's thriving City Centre, this location offer sun matched convenience. You're just steps from Square One Shopping Centre, Celebration Square, Sheridan College, the Central Library, YMCA, Living Arts Centre, and countless restaurants, cafés, and entertainment options.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13579132
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Hurontario & Burnhamthorpe
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Maintenance
$860/mo
Exposure
North East
Property tax
$3,326 / 2025
Listing brokerage
RE/MAX REALTY SERVICES INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$543Kest. value

Listed at $439,900, this home is about 19% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 28 similar homes nearby, adjusted for size, beds, and baths.Median of 28 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $514K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $500K
  • Adjusts to $500K

That comparable adjusts to $500K; the $543K estimate above is the median of all 28 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. Hurontario St At Burnhamthorpe Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$440KGreat deal$589KOverpriced

Total price vs nearby homes. Fair value about $543K, median of 28 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in City Centre · asking prices
$446kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

4403-60 Absolute Avenue$449k1302-50 Absolute Avenue$399k310-33 Elm Drive$424k1510-80 Absolute Avenue$460k2204-4070 Confederation Parkway$499k

The 5 closest of 8 active listings nearby.

See all comparable homes
440kThis home449k399k424k460k499kThis home vs active comparables
Live market pulseActive comparables in City Centre · median list $500K
$518this home / sqft
68active listings nearby

This home lists 17% below the area average of $626/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

City Centre, Mississauga, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

85/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Hurontario St At Burnhamthorpe Rd, about 97 m away

20+ transit stops14 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Mississauga Valleys
$573K
Creditview
$440K
Cooksville
$426K
Hurontario
$509K
Erindale
$420K

Typical asking price of active listings of the same type, per area (outliers removed). Mississauga.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,005/mo
$105KIncome needed
4.2×Price ÷ income
$463Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

64%mortgage
Mortgage $2,005Property tax $277Condo fee $860Total carry $3,142

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,878per month

Mortgage amount $351,920 · 4.14% over 25 years

$87,980Down payment (20.0%)
$351,920Loan before insurance
$0CMHC premium
$3,015Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,878
Property tax
$277
Condo / maintenance fees
$860
Heating
$0
Estimated monthly cost
$3,015

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,273
Estimated closing costs
$5,273

Plus your down payment of $87,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,281/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$211,473Total interest paid
$563,393Total of all payments
Principal $351,920 Interest $211,473
YearPrincipalInterestBalance
1$8,244$14,291$343,676
2$8,589$13,947$335,087
3$8,948$13,587$326,138
4$9,323$13,213$316,816
5$9,713$12,823$307,103
6$10,119$12,417$296,984
7$10,542$11,994$286,442
8$10,983$11,553$275,459
9$11,443$11,093$264,016
10$11,921$10,615$252,095
11$12,420$10,116$239,675
12$12,939$9,596$226,736
13$13,481$9,055$213,255
14$14,044$8,491$199,211
15$14,632$7,904$184,579
16$15,244$7,292$169,335
17$15,882$6,654$153,454
18$16,546$5,990$136,908
19$17,238$5,298$119,670
20$17,959$4,577$101,711
21$18,710$3,826$83,001
22$19,493$3,043$63,508
23$20,308$2,228$43,200
24$21,158$1,378$22,043
25$22,043$493$0

At the end of your 5-year term

Total paid over the term
$112,679
Principal paid down
$44,817
Interest paid
$67,861
Balance remaining
$307,103

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,700/mo
$32,400Gross annual rent
3.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

7.4%
Gross yield
− Property tax $3,326− Condo fees $10,320− Insurance $600− Vacancy & upkeep $3,564Net operating income $14,590

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY SERVICES INC.. MLS®/PropTx.

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