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2503 - 70 Absolute Avenue
For RentThe Absolute II CondosEst Lease Timeframe 9 Days
$2,500/mth
1 Bed + 1
1 Bath
1 Parking
654 SQFT
13 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Utilities Included:
Yes
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South
Locker:
None
Possession Date:
June 1, 2024
Lease Term:
1 Year
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Hydro
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
None
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Room Dimensions
Living
Combined with Dining, Hardwood Floor, Walkout To Balcony
20.34 x 10.17ft
Dining
Combined with Living, Hardwood Floor
20.34 x 10.17ft
Kitchen
Open Concept, Ceramic Floor, Granite Counter
7.74 x 7.87ft
About this Listing
Spacious unit with spectacular view of the lake and city. Engineered hardwood floor in living/dining room, 9' ceiling, modern kitchen with extended cabinets, granite counter top. Good size den with glass door can be used as a baby's room or office. Close to multiple transit routes, GO station, Hwy 403,410,401. Over 30,000 sq.ft "State of the arts" amenities
re/max condos plus corporationMLS® #W8255772
Amenities
Visitor Parking
Rec Room
Concierge
Indoor Pool
Squash Court
Gym Room
Nearby Amenities
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.
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
Household Income
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%
Price Trends
Building Trends At The Absolute II Condos
Days on Strata
Units at The Absolute II Condos spend an average of
27
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
5
YEARS before being sold againProperty Value
-7%
Decrease in property value within the past twelve months
Price Ranking
23rd
Highest price per SQFT out of 43 condos in the Downtown Core area
Sold Units
13
Units were Sold over the past twelve months
Rented Units
21
Units were Rented over the past twelve months
Best Value Rank
The Absolute II Condos offers the best value out of 43 condos in the Downtown Core neighbourhood
?
Appreciation Rank
The Absolute II Condos has the highest ROI out of 43 condos in the Downtown Core neighbourhood
?
Rental Yield
The Absolute II Condos yields the highest rent prices out of 43 condos in the Downtown Core neighbourhood
?
High Demand
The Absolute II Condos is the most popular building out of 43 condos in the Downtown Core neighbourhood
?
Transaction Insights at 70 Absolute Avenue
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|
Price Range | $495,000 | $555,000 | $535,000 - $650,000 | $697,500 - $750,000 | $745,000 | No Data |
Avg. Cost Per Sqft | $847 | $813 | $731 | $689 | $603 | No Data |
Price Range | $2,350 - $2,600 | $2,500 - $2,700 | $2,600 - $3,000 | $2,950 - $3,300 | No Data | No Data |
Avg. Wait for Unit Availability | 161 Days | 47 Days | 29 Days | 84 Days | 221 Days | 2435 Days |
Avg. Wait for Unit Availability | 165 Days | 43 Days | 31 Days | 142 Days | 301 Days | No Data |
Ratio of Units in Building | 10% | 32% | 44% | 13% | 4% | 1% |
Maintenance Fees
The Absolute II Condos vs The Downtown Core Area