$334,999

$338,999For salePrice drop↓ $4,000 (1%)

#603 50 Absolute Avenue, Mississauga (City Centre) - Single Family for Sale

#603 50 Absolute Avenue, Mississauga (City Centre), Ontario, L4Z0A8

1 bed1 bath1 parking650 ft²$820/mo condo feeListed 20 days ago

Overview

This 1-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 650 sq ft of space. Listed at $334,999, it is attractively priced about 33% below the $499,900 median asking price in Mississauga. It has been on the market 20 days, fresher than the Mississauga average of 54 days.

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Description

Welcome to Suite 603 at 50 Absolute Ave! This freshly painted, spacious 1-bedroom, 1-bathroom unit offers 680 sq. ft. of thoughtfully designed living space, complete with 1 parking space and 1 locker. Enjoy views of the CN Tower from the comfort of your home, filling the space with natural light and an impressive city backdrop. Residents can enjoy an exceptional array of amenities, including a fitness centre, indoor and outdoor pools, party rooms, basketball and squash courts, and a 24-hour concierge service. Ideally located just steps from Square One Shopping Centre, Celebration Square, restaurants, shops, and transit, with easy access to major highways. Benefit from the future Hurontario LRT line, bringing even greater connectivity and convenience to the area. A perfect opportunity for first-time buyers, professionals, or investors looking to own in one of Mississauga's most iconic communities. *Photos & Staging from Previous Listing, Unit is Vacant* (id:66096)

Property Details

MLS®: W14085984
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $820/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,002.61/yr
Listed: 20 days ago

Rooms

Ground level

Living room: 7.04 x 3.05 meters
Dining room: 7.04 x 3.05 meters
Primary Bedroom: 5.19 x 2.47 meters
Kitchen: 2.75 x 2.77 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, Dishwasher, Stove, Dryer, Microwave
Flooring: Laminate
Exterior: Concrete
Lot Features: Ravine, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Mississauga (City Centre) listings, avg age

54d

Price / ft²

$516

List price

$335K

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 20 days, which is 34 days fresher than the city average of 54. Act while there is still low competition.

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Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD. · KRISTOFER GAMBOA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4Z)

This home lists at $334,999, about 3.3× the local median household income of $100,000.

Carrying it typically needs a household income of about $65,437 (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)

$334,999· $516/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,749.95

Min 5%50%

Mortgage payment$1,764/mo

↳ CMHC premium ($12,730 capitalized)

Property tax (est.)$250/mo

Condo fee$820/mo

Total monthly$2,835

Cash Needed to Close

Down payment (5%)$16,750

Land transfer tax$3,500

Est. closing costs$3,505

Total cash needed$23,755

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