3801 - 50 Absolute Ave

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For SaleAbsolute World V Condos

$570,000

Price Cut: $595,000

2 Beds

2 Bath

1 Parking

790 SQFT

72 Days on Strata

Listing History

Unit Highlights

Property Type:

Condo

Maintenance Fees:

$876/mth

Taxes:

$3,179 (2024)

Cost Per Sqft:

$722/sqft

Locker:

Owned

Outdoor Space:

Balcony

Exposure:

North

Possession Date:

To Be Determined

Laundry:

Ensuite

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Heat

Air Conditioning

Water

Parking

Building Maintenance

Building Insurance

Excluded

Hydro

Utility Type

Air Conditioning: Central Air
Heat Source: Gas
Heating: Forced Air

Room Dimensions

Living

Laminate, Walkout To Balcony, Combined with Dining

17.09 x 10.6ft

Dining

Laminate, Walkout To Balcony, Combined with Living

17.09 x 10.6ft

Kitchen

Ceramic Floor, Walkout To Balcony

9.68 x 7.87ft

About this Listing

Welcome to 3801 at 50 Absolute Ave. Discover the essence of urban living in this stunning 2-bedroom, 2-bathroom unit boasting breathtaking views from every angle. Enjoy 170 sq ft of wrap-around balcony offering unspoiled panoramas of the city, perfect for relaxation and entertainment. The unique floor plan enhances spaciousness and functionality, making it truly "The Place To Live". Recently updated with fresh paint and newer floors, this home exudes comfort and style. Ideally located, walk to Square One, Celebration Square, restaurants, theatre, and shops. Easy access to highways, schools, and places of worship completes this exceptional living experience. This home has been meticulously maintained and shows with pride. Show with confidence, don't miss it!

ExtrasAll Appliances Included, S/S Fridge, S/S Stove, S/S Dishwasher, S/S Microwave, Washer & Dryer. All Window Coverings, All Light Fixtures. Just Move In And Enjoy This Uniquely Designed Space With Nothing To Do, Just Live In Luxury And Enjoy!

re/max realtron realty inc.MLS® #W9394219

Amenities

Party Room

Rec Room

Gym Room

Car Wash

Visitor Parking

Games Room

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

Average Household Income

$105,144

Dominant Housing Type

Detached

Population By Age

0 - 14

16%

15 - 19

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+

$125,000+

Housing Types & Tenancy

Detached

41%

High Rise Apartment

24%

Semi Detached

24%

Low Rise Apartment

Duplex

Marital Status

Commute

Languages (Primary Language)

English

83%

Other

Punjabi

Tagalog

Hindi

Spanish

Mandarin

Urdu

Education

High School

32%

University and Above

25%

College

21%

None

15%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

26%

Architecture & Engineering

20%

Social Sciences

12%

Health & Related Fields

10%

Math & Computer Sciences

Personal, Protective & Transportation Services

Humanities

Education

Physical Sciences

Visual & Performing Arts

Agriculture & Natural Resources

Price Trends

Maintenance Fees

Absolute World V Condos vs The Downtown Core Area

Building Trends At Absolute World V Condos

Days on Strata

Units at Absolute World V Condos spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

below

the 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

26th

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

Sold Units

Units were Sold over the past twelve months

Rented Units

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

	Studio	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den
Price Range	No Data	$450,000 - $506,500	$453,000 - $490,000	$525,000 - $549,999	$511,000 - $669,000
Avg. Cost Per Sqft	No Data	$786	$772	$624	$619
Price Range	No Data	$2,300 - $2,500	$2,350 - $2,700	$1,650 - $3,000	$2,950 - $3,400
Avg. Wait for Unit Availability	No Data	26 Days	67 Days	18 Days	66 Days
Avg. Wait for Unit Availability	No Data	20 Days	49 Days	12 Days	56 Days
Ratio of Units in Building	1%	34%	10%	47%	11%

Transactions vs Inventory

Total number of units listed and sold in Downtown Core