50 Absolute Ave 2601

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50 Absolute Ave 2601, Mississauga
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
W3709723
MLSID
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Property Description
Exciting Lifestyle In Bright/Sunny 1 Bed+Den Awaiting For An Owner, Occupier, Investor Seeking To Own A Landmark. This Beautiful Unit Fully Renovated, Open Concept Layout With Large Living Room, Dining Room, Kitchen & 1 Bedroom. This Spacious Unit Has New Laminated Layout Freshly Painted Walls, Granite Counter Tops, S.S Appliances, En Suite Laundry, Updated Washroom With Modern & Updated Tiles.The Living Room&Bedroom Oversees The Clear View Of Ne Of City.
Extras
S/S Stove, Microwave, Dishwasher, Washer &Dryer.
Property Features
Arts Centre, Clear View, Library, Park, Place Of Worship, Public Transit
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,955 (2016)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Undergrnd
Mississauga Market Statistics
Mississauga Price Trend
50 Absolute Ave 2601 is a 1-bedroom 1-bathroom condo listed for sale at $299,900, which is $256,372 (46.1%) lower than the average sold price of $556,272 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 1 bedroom condo in Mississauga increased by $2,348 (0.4%) compared to the previous 30 day period (February 9 - March 9) and down $7,806 (1.4%) from the same time one year ago.
Inventory Change
There were 107 1-bedroom condos listed in Mississauga over the last 30 days (March 10 - April 8), which is down 17.7% compared with the previous 30 day period (February 9 - March 9) and up 16.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Mississauga typically sold ($6,441) (1.2%) below asking price over the last 30 days (March 10 - April 8), which represents a $3,474 increase compared to the previous 30 day period (February 9 - March 9) and ($8,294) 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 (March 10 - April 8) stood at 79.4%, up from 48.5% over the previous 30 days (February 9 - March 9) and up from 60.9% 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 22 days when successfully sold over the last 30 days (March 10 - April 8), compared to 33 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Star Realty Inc., Brokerage
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