Skip to main

    50 Absolute Avenue

    Absolute World V Condos
    5for Sale
    8for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    50
    Number of Units:
    457
    Condo Completion:
    2012
    Condo Demand:
    Medium
    Unit Size Range:
    511 - 1,785 SQFT
    Unit Availability:
    High

    Listing History for Absolute World V Condos

    Receive listing updates for Downtown Core

    Amenities

    Rooftop Deck
    Indoor Parking
    Concierge
    Party Room
    Rec Room
    Outdoor Pool

    Maintenance Fees

    Included
    Heat
    Water
    Excluded
    Hydro
    Air Conditioning

    About 50 Absolute AvenueAbsolute 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: 22 units have been sold in the past 12 months, and 56 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $713 and units tend to sell for -0.00% 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 27 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.

    Absolute World V Condos Reviews

    No reviews yet. Be the first to leave a review!

    5

    Listings For Sale

    Interested in receiving new listings for sale?

    8

    Listings For Rent

    Interested in receiving new listings for rent?

    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.

    Similar condos

    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%

    Maintenance Fees

    Absolute World V Condos vs The Downtown Core Area

    Days on Strata

    Units at Absolute World V Condos spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    26th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    22
    Units were Sold over the past twelve months

    Rented Units

    56
    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

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$450,000 - $506,500$453,000 - $508,000$525,000 - $585,000$511,000 - $669,000
    Avg. Cost Per SqftNo Data$786$745$644$619
    Avg. Wait for Unit AvailabilityNo Data26 Days67 Days18 Days66 Days
    Ratio of Units in Building1%34%10%46%11%

    Unit Sales vs Inventory

    Total number of units listed and sold in Downtown Core