$370,000

For saleJust listed

#1807 50 Absolute Avenue, Mississauga (City Centre) - Single Family for Sale

#1807 50 Absolute Avenue, Mississauga (City Centre), Ontario, L4Z0A8

1 bed1 bath1 parking550 ft²$692/mo condo feeListed Today

Overview

This 1-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 550 sq ft of space. Listed at $370,000, it is attractively priced about 26% below the $499,900 median asking price in Mississauga. It has been on the market 0 days, fresher than the Mississauga average of 55 days.

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Description

Welcome to the iconic Marilyn Monroe Towers in the heart of Mississauga! This exceptional residence features 9-foot ceilings and a desirable wraparound balcony with walkouts from both the living room and bedroom, offering breathtaking direct west-facing views and spectacular sunsets, along with clear southwest and northwest vistas. Enjoy an impressive collection of resort-inspired amenities, including a fully equipped fitness centre, indoor and outdoor swimming pools, party rooms, basketball and squash courts, and 24-hour concierge service. Perfectly situated just steps from Square One Shopping Centre, Celebration Square, restaurants, shopping, and public transit, with convenient access to major highways. The future Hurontario LRT will further enhance connectivity throughout the city. An outstanding opportunity for first-time buyers, professionals, or investors seeking style, convenience, and long-term potential in one of Mississauga's most recognizable landmark communities. (id:66096)

Property Details

MLS®: W14156248
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $692/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,567.44/yr
Listed: Today

Rooms

Flat

Kitchen: 1.95 x 2.43 meters
Living room: 5.24 x 3.05 meters
Dining room: 5.24 x 3.05 meters
Bedroom: 3.96 x 2.74 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Elevator, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Mississauga (City Centre) listings, avg age

55d

Price / ft²

$673

List price

$370K

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 1-bed single family in Mississauga (City Centre) has been listed for 0 days, which is 55 days fresher than the city average of 55. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · LISA RUTTY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4Z)

This home lists at $370,000, about 3.7× the local median household income of $100,000.

Carrying it typically needs a household income of about $72,274 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $100,000
Population: 37,218
Median age: 39.6
Owner / renter: 72% / 28%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L4Z)

$370,000· $673/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,500

Min 5%50%

Mortgage payment$1,949/mo

↳ CMHC premium ($14,060 capitalized)

Property tax (est.)$214/mo

Condo fee$692/mo

Total monthly$2,855

Cash Needed to Close

Down payment (5%)$18,500

Land transfer tax$4,025

Est. closing costs$3,610

Total cash needed$26,135

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