Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

50 Absolute Avenue LPH8, Mississauga, ON L4Z 0A9

2 beds · 2 baths · 1 kitchen · 5 rooms · 2 parking spaces · 700-799 sq ft · Locker · Laundry in unit · Condo Apartment
$499,990

Also includedCommon Elements · Building Insurance · Parking

Maintenance fee
$960 / month
Property tax
$3,666 / year
Included in the fee
Common Elements, Building Insurance, Parking

Experience elevated living in the iconic Marilyn Monroe Towers, one of Mississauga's most recognized luxury residences. This exceptional lower penthouse with upgraded finishes throughout offers 2 spacious bedrooms, 2 full bathrooms, soaring ceilings, 8 ft doors, and breathtaking unobstructed views framed by expansive floor-to-ceiling windows. A spectacular 75 ft. wraparound balcony, accessible from every room, creates seamless indoor-outdoor living and showcases the skyline from every angle.The thoughtfully designed open-concept layout is perfect for entertaining, featuring a breakfast bar, granite kitchen countertops and backsplash, Jenn-Air stainless steel kitchen appliances, and a Sub-Zero integrated refrigerator. The generous primary retreat boasts a private ensuite, while brand new engineered hardwood flooring adds warmth and sophistication throughout. Complete with a tandem parking space for 2 vehicles, locker, and access to the stunning 48th-floor lounges, residents also enjoy an impressive collection of resort-inspired amenities, including indoor and outdoor pools, a fully equipped fitness centre, basketball and squash courts, elegant party rooms, guest suites, 24-hour concierge, and beautifully landscaped grounds.Ideally located in the heart of Mississauga, you're just steps from Square One Shopping Centre, Celebration Square, top-rated restaurants, cafés, Sheridan College, the Living Arts Centre, YMCA, and scenic parks. Enjoy effortless access to Highways 403, 401, and the QEW, as well as the future Hurontario LRT, making commuting throughout the GTA exceptionally convenient.

MLS number
W13575838
Type
Condo Apartment
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
L4Z 0A9
Photos
50
Locker
Yes — Owned
Laundry
Ensuite
Included in the fee
Common Elements, Building Insurance, Parking
58days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
CareerQuest - VaughanSecondary260 mNot reported
Mississauga Secondary AcademySecondary302 mNot reported
Fairview Public School
Peel DSB
Elementary674 m7.0 / 10
70% met the standard · 3 of 6 measures
Sts. Peter & Paul Catholic School
Dufferin-Peel CDSB
Elementary791 m8.7 / 10
87% met the standard
Elm Drive (Elementary)
Peel DSB
Elementary864 m6.6 / 10
66% met the standard
Lake Forest AcademyElementary and secondary867 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Condo Apartments in City Centre1,028 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$482k$527k$572k20252026this home’s asking price
$485klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d18d38d20252026
27dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in city centre. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 4,060 people.

$79,500Median household income
49.5%Own their home
0%Detached houses
34Median age
55.9%Born outside Canada
53.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35210862 — the few blocks around this address, home to 4,060 people. It describes the area, not this property.

4,060Population
36.4Average age
2.1Household size
$87,000Average household income
$79,500Median household income
50%Own their home
51%Rent
100%Condominiums
56%Born outside Canada
54%University degree
$554,000Average home value
18%Low income
39%Not in the labour force
35%Never married
Under $5,0003%
$5,000 to $9,9991%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9993%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9993%
$50,000 to $59,9996%
$60,000 to $69,9995%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9995%
$100,000 and over26%
$100,000 to $124,99911%
$125,000 to $149,9997%
$150,000 to $199,9996%
$200,000 and over2%

Percentages are of the 2,520 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$99,998 · minimum here is $25,000
$2,213.85per month
Borrowed before insurance$399,992
Total borrowed$399,992
Interest over 25 years at 4.5%$264,162

If you rented it out

-$3,479.35per month out of pocket
Rent$0.00
Everything it costs to hold$3,479.35
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX REAL ESTATE CENTRE INC.. Listing data provided by the Toronto Regional Real Estate Board.