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    Mississauga / Downtown Core

    409 - 50 Absolute Ave

    For RentAbsolute World V Condos
    5.0
    $2,400/mth
    1 Bed + 1
    1 Bath
    1 Parking
    675 SQFT
    5 Days on Strata
    Est Lease Timeframe
    19 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    April 11, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    East West
    Locker:
    Owned
    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
    Laminate, Open Concept, Walkout To Balcony
    21.98 x 12.14ft
    Dining
    Laminate, Open Concept, Combined with Living
    21.98 x 12.14ft
    Kitchen
    Ceramic Floor, Breakfast Bar, Granite Counter
    8.86 x 8.2ft

    About this Listing

    Welcome to your new home in this spacious and beautifully maintained l+den condo available for lease in the iconic Marilyn Monroe building at Absolute World. Featuring 9ft ceilings, this unit offers a sun filled, spacious open feel with modern finishes throughout including premium wide plank laminate flooring (no carpets throughout!), gleaming stainless steel appliances, elegant granite countertops and a HUGE 95 sq ft wrap around balcony. Residents enjoy access to a state-of-the-art recreation center, complete with indoor and outdoor pools, a fully equipped gym, a basketball court, running track, and squash courts. Conveniently located just minutes away from Square One, with public transit at your doorsteps and top-rated schools nearby. Commuting is a breeze as the condo is minutes to Erindale and Cooksville GO and centrally located to all major highways. This condo provides the perfect blend of luxury, comfort, and urban living. Dont miss out! Schedule a viewing today!

    re/max realty services inc.MLS® #W12005928

    Amenities

    Concierge
    Rooftop Deck
    Car Wash
    Gym Room
    Indoor Pool
    Guest Suites

    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 Listings

    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

    22nd
    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

    53
    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