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1510 - 80 Absolute Avenue
City Centre, Mississauga
$449,870
Home to one of the most recognizable buildings on the vibrant central Mississauga skyline this iconic "Marilyn Munro" community in the heart of the city offers up this 2 bedroom, 2 bathroom suite with an east-facing private balcony overlooking Cooksville Creek with unobstructed views for miles.Favorably located near the Square One Shopping district, with its numerous and varied shopping, dining and entertainment options including numerous cinemas and live entertainment at Celebration Square and the Living Arts Center...walk to all of it...yet the suite does not face any busy streets.Reconsider your gym membership as you enjoy access to the Absolute Club House with it's 30,000 sf of amenity-rich, resort style facilities within this gated community, providing residents with the use of indoor and outdoor pools, hot tub, steam room, running track, cardio and weight facilities, squash and basketball courts and media/theatre room.There's no need to venture out for activities but if you must transit, 'GO' buses, Cooksville 'GO' trains, the soon-to-be-completed LRT and easy access to highways, 403/401 offer a new owner even more convenience in this central Mississauga locale. Affordable, walkable location and fabulous facilities....this is one offering to put on your 'must-see' list. Some pictures were virtually staged to suggest ideas for furniture placement.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,303
- Property tax
- $250
- Heat allowance
- $150
- Condo fees, half counted
- $429
- Housing costs
- $3,131 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$96,000
gross annual household income
- Payment at 4%
- $1,893 / mo
- Cash down
- $89,974
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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