$499,000 - 50 Absolute Avenue Unit 4708, Mississauga
Condo for Sale in Mississauga
40 days on marketNeighbourhood: City Centre
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- MLS Number
- W13723944
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Mississauga
- Taxes (2025)
- $3,639
- Maintenance Fees
- $942/mo
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 GREEN REALTY INC.
Great opportunity to assume a AAA Tenant paying $2600 per month or get vacant possession on April 21, 2027. Welcome to elevated urban living on the 47th floor of the iconic Absolute World community in the heart of Mississauga! This bright and beautifully upgraded 2-bedroom, 2-bath suite offers approximately 830 sq. ft. of interior living space plus an impressive approx. 225 sq. ft. wrap-around balcony, creating over 1,050 sq. ft. of indoor/outdoor enjoyment. Floor-to-ceiling windows and four walk-outs to the balcony showcase sweeping, unobstructed city and skyline views while filling the home with natural light. The open-concept layout features engineered hardwood flooring, a modern kitchen with granite countertops and stainless-steel appliances, generous living and dining areas, high ceilings and ensuite laundry. The spacious primary bedroom includes a walk-in closet and private 4-piece ensuite, while the second bedroom also enjoys balcony access. Includes one underground parking space and one locker. Residents enjoy exceptional resort-style amenities including 24-hour concierge/security, indoor and outdoor pools, fitness centre, basketball and squash courts, party and media rooms, guest suites, rooftop terrace/BBQ areas and more. Unbeatable City Centre location just minutes to Square One, Celebration Square, Sheridan College, restaurants, groceries, parks and public transit, with convenient access to Highways 403 and 401. A distinctive home in one of Mississauga's most recognizable architectural landmarks-ideal for end users or investors.
Estimate your monthly payments for this property
Estimated Payment
$2,560.13/mo
Includes CMHC insurance ($13,922)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover City Centre
City Centre is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in City Centre
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
City Centre offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
50 Absolute Avenue Unit 4708, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $624/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 40 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $942/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
About City Centre
I know City Centre well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.