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    Mississauga / Downtown Core

    PH 02 - 50 Absolute Ave

    For SaleAbsolute World V Condos
    $1,688,000
    2 Beds
    3 Bath
    2 Parking
    1,785 SQFT
    6 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,840/mth
    Taxes:
    $10,394 (2024)
    Cost Per Sqft:
    $946/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    To Be Arranged
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Stainless Steel Appliances, Eat-In Kitchen, Open Concept
    17.36 x 10.79ft
    Living
    Hardwood Floor, Combined with Dining, Walkout To Balcony
    22.97 x 32.09ft
    Dining
    Hardwood Floor, Combined with Living, Walkout To Balcony
    22.97 x 32.09ft

    About this Listing

    Discover Elevated Living In This Luxurious 2-bedroom, 3-bathroom Penthouse In Mississaugas Iconic Absolute Towers, Also Known As The "Marilyn Monroe Buildings." With 1,785 Sq. Ft. Of Interior Space And A 380 Sq. Ft. Wrap-around Balcony, This Penthouse Offers Panoramic Views Of The Downtown Skyline And Lake, Accessible From The Living Area And Both Bedrooms. Six Walk-Outs With Floor - To-Ceiling Windows! The Open-concept Kitchen Showcases A Custom Quartz Waterfall Island And Premium JennAir And SubZero Appliances. Ten-foot Ceilings, Custom Moldings, And LED Lighting Elevate The Elegance Throughout. The Primary Bedroom Includes A Spacious Walk-in Closet And A Spa-inspired 5-piece Bathroom With A Freestanding Tub, While The Second Bedroom Also Has A Walk-in Closet And Its Own 3-piece Ensuite. Includes Two Side-by-side VIP Parking Spaces And Is Minutes From Square One, Hwy 401, And A Range Of Top Amenities!

    salerno realty inc.MLS® #W9777718

    Amenities

    Concierge
    Visitor Parking
    Party Room
    Rec Room
    Rooftop Deck
    Indoor Parking

    Explore Neighbourhood

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    9,194
    Average Individual Income
    $63,586
    Average Household Size
    2 persons
    Average Age
    60
    Average Household Income
    $105,144
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    28%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    41%
    High Rise Apartment
    24%
    Semi Detached
    24%
    Low Rise Apartment
    6%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    83%
    Other
    8%
    Punjabi
    4%
    Tagalog
    1%
    Hindi
    1%
    Spanish
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    32%
    University and Above
    25%
    College
    21%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    4%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Absolute World V Condos vs The Downtown Core Area

    Building Trends At Absolute World V Condos

    Days on Strata

    Units at Absolute World V Condos spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Downtown Core

    Turnover of Units

    On average, each unit is owned for
    4.8
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    25th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    22
    Units were Sold over the past twelve months

    Rented Units

    56
    Units were Rented over the past twelve months

    Best Value Rank

    Absolute World V Condos offers the
    ?
    best value out of 44 condos in the Downtown Core neighbourhood

    Appreciation Rank

    Absolute World V Condos has the
    ?
    highest ROI out of 44 condos in the Downtown Core neighbourhood

    Rental Yield

    Absolute World V Condos yields the
    ?
    highest rent prices out of 44 condos in the Downtown Core neighbourhood

    High Demand

    Absolute World V Condos is the
    ?
    most popular building out of 44 condos in the Downtown Core neighbourhood

    Transaction Insights at 50 Absolute Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$450,000 - $506,500$453,000 - $508,000$525,000 - $585,000$511,000 - $669,000
    Avg. Cost Per SqftNo Data$786$745$644$619
    Avg. Wait for Unit AvailabilityNo Data26 Days67 Days18 Days66 Days
    Ratio of Units in Building1%34%10%47%11%

    Transactions vs Inventory

    Total number of units listed and sold in Downtown Core