50 Absolute Ave 1609
City Centre, Mississauga, L4Z 0A8
FOR SALE
$479,000
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Property Description
One bedroom condo in the iconic Marilyn Monroe tower, located in the heart of Mississauga. Spacious and open concept layout. Lots of natural light with floor-to-ceiling windows. Large wraparound balcony with beautiful unobstructed views. Locker and large parking spot included. Ensuite laundry. World class lifestyle amenities including indoor & outdoor pools, squash, basketball court, party room, movie theatre, meeting room, gym, sauna, jacuzzi tub, playground, concierge & more. Steps to square one mall, future Hurontario LRT, minutes to Cooksville GO station, highway 403 & 401.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-06-26 | 2021-06-30 | 4 | $1,875 | - | Terminated |
Nearby Intersections
Hurontario & Eglinton (198)
Hurontario & Central (130)
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,213 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P5)
Garage Type
Underground
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Mississauga Market Statistics
Mississauga Price Trend
50 Absolute Ave 1609 is a 1-bedroom 1-bathroom condo listed for sale at $479,000, which is $36,758 (7.1%) lower than the average sold price of $515,758 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Mississauga increased by $1,939 (0.4%) compared to the previous 30 day period (September 21 - October 20) and down $46,751 (8.3%) from the same time one year ago.Inventory Change
There were 130 1-bedroom condos listed in Mississauga over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 9.2% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Mississauga typically sold ($9,787) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $4,372 increase compared to the previous 30 day period (September 21 - October 20) and ($13,056) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Mississauga over the last 30 days (October 21 - November 19) stood at 43.1%, up from 36.9% over the previous 30 days (September 21 - October 20) and up from 18.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Mississauga stood at 28 days when successfully sold over the last 30 days (October 21 - November 19), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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