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    Mississauga / Downtown Core

    4005 - 50 Absolute Ave

    For RentAbsolute World V Condos
    $2,400/mth
    1 Bed
    1 Bath
    1 Parking
    660 SQFT
    11 Days on Strata
    Est Lease Timeframe
    19 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    February 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South East
    Locker:
    Owned
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Walkout To Balcony, Combined with Dining, Laminate
    17.06 x 10.17ft
    Dining
    Combined with Living, Laminate
    17.06 x 10.17ft
    Kitchen
    Stainless Steel Appliances, Backsplash, Ceramic Floor
    7.97 x 8.92ft

    About this Listing

    Experience elevated living in the award-winning Marilyn Monroe Tower! This exquisite open-concept unit features 9' ceilings and amazing unobstructed views of the CN Tower and Lake Ontario. The upgraded kitchen shines with granite countertops and a stylish glass mirror backsplash. Perfectly positioned just steps from Square One City Centre, you're surrounded by premier shopping, dining and entertainment. Sheridan College is a walk away for higher education. Commuters will love being minutes from central highways, transit, and only 15 minutes from Pearson Airport, with the new LRT Lakeshore to Brampton line right in front coming soon. Indulge in a full suite of amenities: party rooms, guest suites, billiards, a rooftop lounge, pool, hot tubs, and a full suite exercise center.

    casatank realty inc.MLS® #W11984471

    Amenities

    Indoor Parking
    Visitor Parking
    Outdoor Pool
    Guest Suites
    Rooftop Deck
    Rec Room

    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
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the 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

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    24th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    54
    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

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$465,000 - $506,500$490,000 - $507,000$525,000 - $549,999$511,000 - $669,000
    Avg. Cost Per Sqft$797$697$645$617
    Avg. Wait for Unit Availability25 Days73 Days19 Days66 Days
    Ratio of Units in Building35%10%46%11%

    Transactions vs Inventory

    Total number of units listed and leased in Downtown Core