50 Absolute Avenue
Building Details
Listing History for Absolute World V Condos
Amenities
Maintenance Fees
About 50 Absolute Avenue — Absolute World V Condos
Absolute World V Condos is hard to miss with its 50-storey frame at 50 Absolute Avenue. The property was completed in 2012 by Fernbrook Homes, adding 457 Mississauga condos for sale to the Downtown Core neighbourhood; though there are far fewer listed now than when initially completed. Suites in this building range in size from 511 square feet to 1785 square feet.
This condo has a Walk Score of 80 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees at 50 Absolute Avenue are $0.96 per-square-foot, which is significantly higher than the city average of about $0.67.
The Suites
Here are some stats that would interest renters or buyers at 50 Absolute Avenue: 20 units have been sold in the past 12 months, and 60 units have been rented over the same period.
In terms of price per-square-foot, the average cost is $696 and units tend to sell for -0.08% below the list price. Units at 50 Absolute Avenue have a medium probability of receiving more than one offer. On average, a suite will spend 28 days on the market.
The Neighbourhood
Living here means you’re just a 5-minute walk from Tamarind Modern Indian Bistro, The Keg Steakhouse + Bar - Square One and Halal Choice, making it easy to dazzle your taste buds without much effort. To fuel up in the morning, head to Tim Hortons, Panera Bread and Starbucks to grab your beverage of choice.
There are a number of grocery stores within a short drive, including Walmart Grocery Pickup, Metro and Rabba Fine Foods.
Residents here can stop by Scotiabank and BMO Bank of Montreal on their way home from work, so they can take care of their financial needs.
Whether you're looking to play, exercise or gather with friends — nearby parks like Bishopstoke Walk Park, Gordon S Shipp Memorial Park and Cooksville creek trail are the perfect spot for all kinds of activities.
Like to shop? Everything you need is close by when you live at 50 Absolute Avenue, including Enfield Place Retail, Square One Shopping Centre and StickerYou: The Pop-Up which are only 12 away.
If you’re tired of the usual neighbourhood attractions, then perhaps having Art Gallery of Mississauga less than a 2-minute drive away will give you a lift. Untitled Spaces at Square One is just a short drive away for movie nights.
There are plenty of nearby school choices — St. Matthew Elementary School and Saint Philip Elementary School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Logimix.
Transportation
Transit users will need to trek a bit to Mississauga City Centre Terminal - Arrival, the nearest light transit stop. Those who live in the area can easily drive to Kipling, just 26 minutes from the building.
If you’re interested in checking out other similar condos within walking distance, you might like 60 Absolute Avenue, 70 Absolute Avenue and 80 Absolute Avenue.
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Listings For Sale
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Price Cut: $40,000 (Nov 17)
Listings For Rent
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Price Cut: $100 (Nov 14)
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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.
Price Trends
Maintenance Fees
Building Trends At Absolute World V Condos
Days on Strata
List vs Selling Price
Or in other words, the
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 50 Absolute Avenue
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|---|
Price Range | No Data | $450,000 - $506,500 | $453,000 - $490,000 | $525,000 - $573,000 | $511,000 - $669,000 |
Avg. Cost Per Sqft | No Data | $786 | $772 | $634 | $619 |
Price Range | No Data | $2,300 - $2,500 | $2,350 - $2,700 | $1,650 - $3,000 | $2,950 - $3,400 |
Avg. Wait for Unit Availability | No Data | 26 Days | 67 Days | 18 Days | 66 Days |
Avg. Wait for Unit Availability | No Data | 20 Days | 49 Days | 12 Days | 57 Days |
Ratio of Units in Building | 1% | 34% | 10% | 47% | 11% |
Unit Sales vs Inventory
Total number of units listed and sold in Downtown Core