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    Mississauga / Downtown Core

    2505 - 70 Absolute Ave

    For RentThe Absolute II Condos
    $3,199/mth
    Price Cut: $3,300
    2 Beds
    3 Bath
    1 Parking
    1,037 SQFT
    87 Days on Strata
    Est Lease Timeframe
    13 Days

    Listing History

    Unit Highlights

    Possession Date:
    September 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South West
    Locker:
    Owned
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Foyer
    Laminate, French Doors
    6.56 x 4.79ft
    Living
    Laminate, Combined with Dining, Walkout To Balcony
    20.9 x 9.71ft
    Dining
    Laminate, Combined with Living
    20.9 x 9.71ft

    About this Listing

    Executive Condo with Unobstructed South/West View of Lake. Approx. 1037 sq. Ft. 2 Bedroom + open concept Den. w/o To 140 sq.Ft. Balcony. Granite Kitchen countertops. Ceramic Tiles. Mirrored Closet Doors. Minutes to Square One Mall, Public Transit, Shopping & Highways. Not To be Missed.

    ExtrasDishwasher, B/I Microwave, Stacked Washer/Dryer, Laminate Floors, Electric Light Fixtures, All Window Coverings

    home and business realtyMLS® #W9283969

    Amenities

    Indoor Pool
    Gym Room
    Squash Court
    Party Room
    Rec Room
    Visitor Parking

    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

    The Absolute II Condos vs The Downtown Core Area

    Building Trends At The Absolute II Condos

    Days on Strata

    Units at The Absolute II Condos spend an average of
    29
    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
    5
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    20th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    22
    Units were Rented over the past twelve months

    Best Value Rank

    The Absolute II Condos offers the
    ?
    best value out of 44 condos in the Downtown Core neighbourhood

    Appreciation Rank

    The Absolute II Condos has the
    ?
    highest ROI out of 44 condos in the Downtown Core neighbourhood

    Rental Yield

    The Absolute II Condos yields the
    ?
    highest rent prices out of 44 condos in the Downtown Core neighbourhood

    High Demand

    The Absolute II Condos is the
    ?
    most popular building out of 44 condos in the Downtown Core neighbourhood

    Transaction Insights at 70 Absolute Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$455,000$508,000 - $557,000$535,000 - $640,000$750,000No DataNo Data
    Avg. Cost Per Sqft$779$800$687$711No DataNo Data
    Avg. Wait for Unit Availability170 Days43 Days29 Days88 Days221 Days2435 Days
    Ratio of Units in Building10%32%44%12%4%1%

    Transactions vs Inventory

    Total number of units listed and leased in Downtown Core