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    PH3 - 50 Absolute Ave

    For SaleAbsolute World V Condos
    $1,225,000
    2 Beds
    3 Bath
    2 Parking
    1,600 SQFT
    20 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,748/mth
    Taxes:
    $8,037 (2024)
    Cost Per Sqft:
    $766/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    To Be Determined
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Prim Bdrm
    4 Piece Ensuite, Walk-in Closet, Hardwood Floor
    19.85 x 13.91ft
    2nd Bedroom
    3 Piece Ensuite, Walkout To Balcony, Hardwood Floor
    17.09 x 15.75ft
    Great Rm
    Walkout To Balcony, Open Concept, Hardwood Floor
    21.26 x 15.58ft

    About this Listing

    Experience unparalleled luxury living in the iconic "Marilyn Monroe" towers this stunning penthouse at 50 Absolute Avenue. Offering 1600 sq. ft. of interior space and an additional 400 sq. ft. of balcony, this residence provides breathtaking 180-degree views, spanning the Toronto skyline to sunset vistas over the Escarpment. This 2-bedroom, 2.5-bathroom suite is designed for both elegance and comfort. The open-concept living and dining areas are adorned with floor-to-ceiling windows, filling the space with natural light and showcasing panoramic views. The gourmet kitchen, featuring custom-painted cabinets, stainless steel appliances, and a granite countertop, seamlessly integrates with the living spaces, creating a perfect setting for entertaining. The primary bedroom suite is a retreat with its own stunning views and a luxurious ensuite bathroom, complete with a free-standing soaker tub. The second bedroom, located on the opposite side of the unit, offers privacy and versatility, ideal for guests or a home office. This layout creates distinct living zones, providing flexibility and comfort for various lifestyles. This penthouse also boasts two private parking spaces located in a separate VIP parking garage, offering convenience and security. Residents have exclusive access to a dedicated penthouse suite elevator, ensuring privacy and ease of access. Located next to Square One Shopping Centre, the second largest mall in Canada, and conveniently near the new LRT transit system, this penthouse offers unrivaled access to shopping, dining, and entertainment. Additionally, the scenic Cooksville Creek Trail is just steps away, perfect for nature walks and outdoor activities. State-of-the-art amenities, including a terrace with multiple BBQs and outdoor seating spaces, an indoor swimming pool, basketball courts, a jacuzzi, a private gym, a squash court, a theatre, a 24/7 gated and guarded complex, and a rooftop lounge with wrap-around city views for private parties.

    revel realty inc.MLS® #W9418653


    Amenities

    Concierge
    Guest Suites
    Car Wash
    Outdoor Pool
    Games Room
    Rooftop Deck

    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%

    Maintenance Fees

    Absolute World V Condos vs The Downtown Core Area

    Days on Strata

    Units at Absolute World V Condos spend an average of
    27
    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
    4.8
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    25th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    22
    Units were Sold over the past twelve months

    Rented Units

    57
    Units were Rented over the past twelve months

    Best Value Rank

    Absolute World V Condos offers the
    ?
    best value out of 44 condos in the Downtown Core neighbourhood

    Appreciation Rank

    Absolute World V Condos has the
    ?
    highest ROI out of 44 condos in the Downtown Core neighbourhood

    Rental Yield

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

    High Demand

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

    Transaction Insights at 50 Absolute Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$450,000 - $506,500$453,000 - $508,000$525,000 - $585,000$511,000 - $669,000
    Avg. Cost Per SqftNo Data$786$745$644$619
    Avg. Wait for Unit AvailabilityNo Data26 Days67 Days18 Days66 Days
    Ratio of Units in Building1%34%10%47%11%

    Transactions vs Inventory

    Total number of units listed and sold in Downtown Core