$365,000

For sale

#709 50 Absolute Avenue, Mississauga (City Centre) - Single Family for Sale

#709 50 Absolute Avenue, Mississauga (City Centre), Ontario, L4Z0A8

1 bed1 bath1 parking650 ft²$693/mo condo feeListed 65 days ago

Overview

This 1-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 650 sq ft of space. Listed at $365,000, it is attractively priced about 27% below the $499,900 median asking price in Mississauga.

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Description

Welcome to this Marilyn Monroe Condos, award-winning towers at 50 Absolute Ave! Mississauga's Most Iconic Landmark. Just steps to Square One, transit, dining, and everything downtown Mississauga has to offer. Bright and spacious one bedroom one bath, open concept kitchen with granite counter top, with one locker and one parking, 560 sqft plus 95 sqft of a large wrap-around balcony . Enjoy access to the exclusive 30,000 sq ft Absolute Club: 2-storey gym & fitness studios Indoor + outdoor pools Basketball & racquetball courts Billiards, party rooms & guest suites 24/7 concierge, gated security & visitor parking. Unbeatable proximity to highways(401/403), transit, hospitals, schools, shopping, and entertainment. (id:66096)

Property Details

MLS®: W13729642
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
Condo Fee: $693/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,632.72/yr
Listed: 65 days ago

Rooms

Ground level

Dining room: 5.3 x 2.98 meters
Living room: 5.3 x 2.98 meters
Kitchen: 3.02 x 2.5 meters
Primary Bedroom: 2.9 x 2.5 meters

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

Features

Flooring: Laminate, Carpeted, Ceramic
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

65d

Mississauga (City Centre) listings, avg age

54d

Price / ft²

$562

List price

$365K

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) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by HC REALTY GROUP INC. · KHUYEN THI TRAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4Z)

This home lists at $365,000, about 3.6× the local median household income of $100,000.

Carrying it typically needs a household income of about $71,297 (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)

$365,000· $562/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,250

Min 5%50%

Mortgage payment$1,922/mo

↳ CMHC premium ($13,870 capitalized)

Property tax (est.)$219/mo

Condo fee$693/mo

Total monthly$2,835

Cash Needed to Close

Down payment (5%)$18,250

Land transfer tax$3,950

Est. closing costs$3,595

Total cash needed$25,795

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