$389,000 - 50 Absolute Avenue Unit 1003, Mississauga
Condo for Sale in Mississauga
45 days on market- MLS Number
- W13068554
- Property Type
- Condo
- Status
- active
- Days on Site
- 45
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 PROPERTY ZONE REALTY INC.
Welcome to Suite 1003 at 50 Absolute Ave - a beautifully upgraded 1-bedroom, 1-bathroom condo in one of Mississauga's most recognized and sought-after buildings. This bright and spacious unit features a highly functional layout with soaring 9-ft ceilings, elegant engineered hardwood flooring, and floor-to-ceiling windows that flood the space with natural light. The modern kitchen is designed to impress, complete with granite countertops, extended cabinetry, and Whirlpool stainless steel appliances - perfect for everyday living and entertaining. The generous primary bedroom offers a full double mirrored closet and direct access to a rare full-width 90 sq. ft. balcony with double walkouts, ideal for relaxing or enjoying city views. This unit includes one parking space and a locker for added convenience. Enjoy exceptional value with maintenance fees that cover many utilities, along with access to world-class amenities including an indoor and outdoor pool, full fitness centre, basketball and squash courts, sauna, party rooms, theatre, guest suites, and 24-hour concierge. Unbeatable location in the heart of Mississauga - just steps to Square One Shopping Centre, restaurants, parks, transit, and the upcoming LRT right at your doorstep. Easy access to GO Transit and major highways (401, 403, QEW) makes commuting effortless. Perfect for first-time buyers, professionals, downsizers, or investors - this is a rare opportunity to own in a landmark building with lifestyle, convenience, and long-term value.
Estimate your monthly payments for this property
Estimated Payment
$1,995.77/mo
Includes CMHC insurance ($10,853)
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 Mississauga
Mississauga 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 Mississauga
- •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
Mississauga 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 1003, 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 $778/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 45 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 500 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.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.