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            AIDA (Artificial Intelligence Digital Assistant) is currently in BETA version, and is available at no charge for a limited time.

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            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            AIDA's CMA is taking into account real estate market fluctuations for given type properties in the city and neighborhood, so sometimes CMA may significately vary from the prices properties are listed at.

            Please check below on the page for what AIDA is not including into the CMA.

            Comparative Market Analysis for MLS# W5083817

            $2,050
            1+1br 1ba 700-799sf

            Water

            Y

            Heating

            Y

            Hydro

            N

            Parking

            Y

            Laundry

            Ensuite

            WalkScore

            61

            TransitScore

            79

            Compare$2,017

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            Property Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listed By

            THE DIAMOND REALTY INC., BROKERAGE

            Learn more about this property:
            MLS# W5083817 Listing Details
            Among all comparable properties rented in condo located at 50 Absolute Ave N in City Centre in Mississauga from Jan 2017 to Jan 2021, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $2,013

            Maximum Rent Adjusted was:

            $2,022

            AIDA's ESTIMATE (based on 2 properties)
            AIDA's Comparative Market Analysis is based on comparable properties sales data adjusted according to the monthly fluctuations of the local real estate market, and is equivalent to:

            $XXX,XXX

            Which makes the Asking Price ($2,050) more than AIDA's Appraised Value by:

            $XX,XXX

            Or, in percentage equivalent, by:

            XX%

            Notes
            • Condo lockers are not taken into account.
            • Upgrades and quality of renovation are not taken into account.

            Comparables

            AIDA found 2 comparable properties rented out in condo located at 50 Absolute Ave N in City Centre in Mississauga from Jan 2017 to Jan 2021

            Use the table's first column checkboxes to exclude/include properties into evaluation. The numbers above will automatically get recalculated accordingly.

            Sold onFloorUnit#AddressExpSQFTBed • BathGar SpacesSold PriceTime Adj %Time Adj Price
            2018-03-10***260650 Absolute Ave NSw700-7991+1 • 11.0$1,9503.69%***
            2018-04-07***260650 Absolute Ave NSw700-7991+1 • 11.0$1,9503.24%***

            City Centre, Mississauga Sales History More

            City Centre, Mississauga: Overall Sales Statistics for Condos
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Sales Statistics
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Rent Statistics
            City Centre, Mississauga: Detailed Sales & Rent Statistics for Condos
            Listing Overview

            General:

            2606 50 Absolute Ave N is a condo apt apartment, located in City Centre of city of Mississauga, Peel region, near Burnhamthorpe/Hwy 10, and has been available for lease on ITRealty since 2021-01-14. This unit is located at level 26 of the building and has South-West exposure of Absolute N Ave. Condo registry office is PSCC, corporation number 930.

            Lot Size and Living Area:

            2606 50 Absolute Ave N has 4+0 rooms in total, including 1+1 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living area of this condo unit is within the range of 700-799 square feet. 50 Absolute Ave N building was built appriximately 0-5 years ago.
            1.0 parking space(s) are owned and located undergrnd at level P4 . The locker is owned. ensuite laundry is located on main level.

            Heating and Cooling:

            The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:

            This condo is featuring Arts Centre, Library, Park, Place Of Worship, Public Transit, Ravine at, or near the property.

            Price & Cost Overview

            General:

            2606 50 Absolute Ave N condo apt is listed for $2,050.

            Comparative Market Analysis:

            There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,017.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            City Centre, where 50 Absolute Ave N is located, has $535,896 Home Price Index, and $2,231 Home Rent Index. Average household income at dissemination area of 50 Absolute Ave N is $60,203, and average polulation age is 35 years old.
            Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $947,784, and average Home Rent Index $2,610.

            Similar Properties & Community Details:

            There are similar to 2606 50 Absolute Ave N 1 bedr condo apt condos listed For Sale and For Rent in city of Mississauga.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 50 Absolute Ave N.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at City Centre neighborhood in city of Mississauga.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 61, 79, and 61 accordingly, location of 50 Absolute Ave N overall can be described as Somewhat Walkable, Excellent Transit, and Bikeable.

            2606 50 Absolute Ave N Listings History Powered By AIDA
            City Centre, Mississauga Sales & Rent History Powered by AIDA
            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Mississauga Condos MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (35 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes get rented?
            You may expect 82 to 100 properties like that to be sold in City Centre during the next 30 days.
            Seasonal sales fluctuation is showing 2% inventory increase comparing to the average annual number, which is equvalent to 89.75 properties sold per month, and -16% decline comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 9 days, which is 21 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
            Seasonal sales fluctuation is showing 24% D.O.M. increase comparing to the average annual number, which is equvalent to 24 D.O.M., and 16% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price can it be sold?
            Similar properties currently sell very close to its asking price in City Centre.
            The selling to asking price ratio is slighyly declining, but this housing type demand remains stable in City Centre.
            This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W5083817 Comparative Market Analysis

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