$499,990 - 50 Absolute Avenue Unit LPH8, Mississauga
Condo for Sale in Mississauga
37 days on marketNeighbourhood: City Centre
- MLS Number
- W13575838
- Property Type
- Condo
- Status
- active
- Days on Site
- 37
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Experience elevated living in the iconic Marilyn Monroe Towers, one of Mississauga's most recognized luxury residences. This exceptional lower penthouse with upgraded finishes throughout offers 2 spacious bedrooms, 2 full bathrooms, soaring ceilings, 8 ft doors, and breathtaking unobstructed views framed by expansive floor-to-ceiling windows. A spectacular 75 ft. wraparound balcony, accessible from every room, creates seamless indoor-outdoor living and showcases the skyline from every angle.The thoughtfully designed open-concept layout is perfect for entertaining, featuring a breakfast bar, granite kitchen countertops and backsplash, Jenn-Air stainless steel kitchen appliances, and a Sub-Zero integrated refrigerator. The generous primary retreat boasts a private ensuite, while brand new engineered hardwood flooring adds warmth and sophistication throughout. Complete with a tandem parking space for 2 vehicles, locker, and exclusive access to the stunning 48th-floor lounges, residents also enjoy an impressive collection of resort-inspired amenities, including indoor and outdoor pools, a fully equipped fitness centre, basketball and squash courts, elegant party rooms, guest suites, 24-hour concierge, and beautifully landscaped grounds.Ideally located in the heart of Mississauga, you're just steps from Square One Shopping Centre, Celebration Square, top-rated restaurants, cafés, Sheridan College, the Living Arts Centre, YMCA, and scenic parks. Enjoy effortless access to Highways 403, 401, and the QEW, as well as the future Hurontario LRT, making commuting throughout the GTA exceptionally convenient.
Estimate your monthly payments for this property
Estimated Payment
$2,565.21/mo
Includes CMHC insurance ($13,950)
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 LPH8, 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 $625/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 37 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. We'll want to verify the monthly fees and what they include.
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.